# Diamondback Energy, Inc. (FANG) FY2026 Q2 P&L / Income Statement

- Company: Diamondback Energy, Inc. (FANG)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-05, accession number 0001539838-26-000142
- Page: https://plicit.ai/financials/fang/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/fang-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 5,562,000,000 US dollars
- **Total costs and expenses**: 3,050,000,000 US dollars
- **Income (loss) from operations**: 2,512,000,000 US dollars
- **Total other income (expense), net**: 123,000,000 US dollars
- **Income (loss) before income taxes**: 2,635,000,000 US dollars
- **Provision for (benefit from) income taxes**: 580,000,000 US dollars
- **Net income (loss)**: 2,055,000,000 US dollars
- **Natural gas liquid sales**: 435,000,000 US dollars
- **Oil sales**: 4,627,000,000 US dollars
- **Sales of purchased oil**: 739,000,000 US dollars
- **Other operating income**: 37,000,000 US dollars
- **General and administrative expenses**: 72,000,000 US dollars
- **Production and ad valorem taxes**: 302,000,000 US dollars
- **Impairment of oil and natural gas properties**: 0 US dollars
- **Depreciation, depletion, amortization and accretion**: 1,272,000,000 US dollars
- **Other operating expenses, net**: 9,000,000 US dollars
- **Purchased oil expense**: 730,000,000 US dollars
- **Gathering, processing and transportation**: 113,000,000 US dollars
- **Lease operating expenses**: 552,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 5,838,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Natural gas sales**: negative 276,000,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Diamondback Energy, Inc.: $1.88 B; to noncontrolling interests: $173.00 M.