Diamondback Energy (FANG) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased compared to both the immediate prior quarter and the same quarter a year earlier. The sequential gain and the year-over-year rise were both positive.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased compared to both the immediate prior quarter and the same quarter a year earlier. The sequential gain and the year-over-year rise were both positive.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+6.7%
Change from the immediately preceding quarter.
Year-over-year
+48.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
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 |
|---|---|---|
| Dec 31, 2024 | $3.7B | +66.6% |
| Mar 31, 2025 | $4B | +81.8% |
| Jun 30, 2025 | $3.7B | +48.1% |
| Sep 30, 2025 | $3.9B | +48.4% |
Revenue performance
The reported revenue moved higher from the preceding quarter. Compared with the same period a year ago, revenue also showed an increase.
Quarterly comparison
Sequentially, revenue rose for the quarter. On a year-over-year basis, the revenue level was higher than the comparable quarter a year earlier.
What to watch
Given the disclosed upward revision to the capital budget prioritizing free cash flow, future revenue may be influenced by changes in commodity prices and production levels.