BackDiamondback Energy Overview

Diamondback Energy Net Income

Diamondback Energy's net income is $1.8B, below the Energy sector average of $51B.

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Quarterly Net Income

$2.06B
↑ 193.99% YoY

As of Jun 2026

Annual Net Income (TTM)

$1.76B
↓ 54.16% YoY

Trailing 12 months ending Jun 2026

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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Diamondback Energy (FANG) FAQ

Diamondback Energy (FANG) currently reports a net income of $1.8B as of June 2026. That compares with $3.8B in the prior-year period — down 54.2% year over year. That is below the Energy sector average of $51B. Use the charts on this page to explore Diamondback Energy's net income history and peer comparisons.

Diamondback Energy's net income decreased from $3.8B to $1.8B — a 54.2% year-over-year decrease (period ending June 2026). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Diamondback Energy's net income of $1.8B is lower than the Energy sector average of $51B. That is roughly 96.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Diamondback Energy reported $1.8B in net income as of June 2026. That compares with $3.8B in the prior-year period — down 54.2% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $1.8B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is $51B. From there, open related valuation or income-statement pages for Diamondback Energy, and consider following FANG for alerts when major investors trade the stock.