Diamondback Energy (FANG) Revenue — Quarter Ended Mar 31, 2026
Revenue grew strongly from the prior quarter, reversing the decline seen in the preceding period. Compared with the same quarter a year ago, revenue also increased, though at a more moderate pace.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue grew strongly from the prior quarter, reversing the decline seen in the preceding period. Compared with the same quarter a year ago, revenue also increased, though at a more moderate pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+25.6%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.2B
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 | $3.7B | +48.1% |
| Sep 30, 2025 | $3.9B | +48.4% |
| Dec 31, 2025 | $3.4B | -9.0% |
| Mar 31, 2026 | $4.2B | +4.7% |
Revenue performance
The quarter’s revenue rose sharply from the immediately preceding quarter, marking a clear recovery from the prior fall. The year-over-year comparison also shows an increase, indicating sustained growth on an annual basis.
Quarterly comparison
Revenue in this quarter increased compared to both the prior quarter and the same quarter one year earlier. The sequential gain was notably larger than the year-over-year rise, driven by a rebound from the previous quarter’s contraction.
What to watch
The sequential recovery in revenue warrants monitoring for sustainability, given the volatility observed in recent quarters.