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FANG Q2 2024 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena
FANG
Diamondback Energy, Inc.
$52B
Q2 2024 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$2.5B
+28.9% YoY
Gross Profit
$1.2B
49.0% margin
Operating Income
$1.2B
46.7% margin
Net Income
$837M
33.8% margin
EPS (Diluted)
$4.66
QoQ Revenue Growth
+11.5%
Cash Flow
Operating Cash Flow
$1.5B
Free Cash Flow
$842M
Stock-Based Comp.
$19M
Balance Sheet
Total Assets
$35.6B
Total Liabilities
$17.1B
Stockholders' Equity
$17.4B
Cash & Equivalents
$6.9B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2.5B
$1.9B
+28.9%
Gross Profit
$1.2B
$1.1B
+13.3%
Operating Income
$1.2B
$1.0B
+15.6%
Net Income
$837M
$556M
+50.5%
Revenue Segments
Upstream Services Segment
$2.5B
100%
← FY 2024
All Quarters
Q3 2024 →