Devon Energy (DVN) Revenue — Quarter Ended Mar 31, 2026
Revenue for the first quarter increased sequentially, reversing a prior quarter decline, but fell slightly compared to the same period last year.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the first quarter increased sequentially, reversing a prior quarter decline, but fell slightly compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.5B
Revenue reported for this quarter.
Quarter-over-quarter
+14.5%
Change from the immediately preceding quarter.
Year-over-year
-0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2025 | $4B | +4.0% |
| Sep 30, 2025 | $4.3B | +12.0% |
| Dec 31, 2025 | $3.9B | -12.3% |
| Mar 31, 2026 | $4.5B | -0.9% |
Revenue performance
Revenue rose from the previous quarter, driven by improved operational performance.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased, while versus the same quarter a year ago, revenue was modestly lower.
What to watch
Monitor whether the trailing twelve-month revenue trend can sustain the sequential improvement.