Diamondback Energy (FANG) Revenue — Quarter Ended Jun 30, 2025
Revenue for the quarter declined compared to the immediately preceding quarter, but rose sharply versus the same quarter one year earlier. The company's revenue trajectory shows a sequential decrease after several quarters of growth.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue for the quarter declined compared to the immediately preceding quarter, but rose sharply versus the same quarter one year earlier. The company's revenue trajectory shows a sequential decrease after several quarters of growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-9.1%
Change from the immediately preceding quarter.
Year-over-year
+48.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.1B
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 |
|---|---|---|
| Sep 30, 2024 | $2.6B | +13.0% |
| Dec 31, 2024 | $3.7B | +66.6% |
| Mar 31, 2025 | $4B | +81.8% |
| Jun 30, 2025 | $3.7B | +48.1% |
Revenue performance
The reported revenue moved lower from the prior quarter, while posting a substantial increase on a year-over-year basis.
Quarterly comparison
Compared to the preceding quarter, revenue contracted, ending a streak of sequential gains. Relative to the same period a year ago, however, revenue was significantly higher.
What to watch
The filing notes that the company revised its capital budget guidance to prioritize free cash flow generation, which may influence future revenue trends.