Diamondback Energy Q3 FY26: where the revenue came from and where it went
The whole income statement of Diamondback Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2026
- Reported
- Nov 4, 2026
Revenue$5.43B
+38% year over year
Gross profit$3.90B
72% margin
Operating profit$2.50B
46% margin
Net profit$1.60B
30% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.43 | 100% | +38% |
| Midland basin | 3.91 | 72% | |
| liquid sales | 0.49 | 9% | |
| Total oil, natural gas | 0.34 | 6% | |
| Delaware basin | 0.30 | 5% | |
| Natural sales | 0.15 | 3% | |
| Natural gas sales midland | 0.14 | 3% | |
| Other revenue | 0.05 | 1% | |
| Other service | 0.04 | 1% | |
| Cost of revenue | −1.53 | 28% | |
| Gross profit | 3.90 | 72% margin | +6pp |
| SG&A | −0.08 | 2% | +0pp |
| Other | −1.32 | 24% | |
| Operating profit | 2.50 | 46% margin | +15pp |
| Interest & other costs | −0.40 | ||
| Tax | −0.50 | ||
| Net profit | 1.60 | 30% margin | +4pp |
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