FINHUB Insights

FANG · Q1 FY26 · Jan 1 – Mar 31, 2026

Diamondback Energy Q1 FY26: where the revenue came from and where it went

Diamondback Energy Q1 FY26: revenue $4.2B (+5% year over year). Net profit $0.03B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 6, 2026 10-Q
Sankey diagram of Diamondback Energy's income statement for Q1 FY26: revenue of $4.24 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.24B +5% year over year
Gross profit$1.49B 35% margin
Operating profit$0.12B 3% margin
Net profit$0.03B 1% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 4.24 100% +5%
Cost of revenue−2.7565%
Gross profit1.4935% margin−35pp
SG&A−0.082%+0pp
Other−1.2930%+0pp
Operating profit0.123% margin−39pp
Tax−0.03
Interest & other costs−0.06
Net profit0.031%−34pp
Filing on EDGAR More quarters of FANG

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