FINHUB Insights

FANG · Q1 FY25 · Jan 1 – Mar 31, 2025

Diamondback Energy Q1 FY25: where the revenue came from and where it went

Diamondback Energy Q1 FY25: revenue $4B (+82% year over year). Net profit $1.4B. Largest cohort Oil Natural Gas and Natural Gas… $3.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 7, 2025 10-Q
Sankey diagram of Diamondback Energy's income statement for Q1 FY25: revenue of $4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4B +82% year over year
Gross profit$2.8B 70% margin
Operating profit$1.7B 41% margin
Net profit$1.4B 35% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 4 100% +82%
Oil Natural Gas and Natural Gas… 3.7 92%
Natural Gas Liquids Production 0.4 10% +121%
Cost of revenue−1.230%
Gross profit2.870% margin−3pp
SG&A−0.12%+0pp
Other−1.127%+0pp
Operating profit1.741% margin−9pp
Tax−0.4
Net profit1.435%+0pp
Filing on EDGAR More quarters of FANG

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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