Diamondback Energy, Inc.
FANGNASDAQEnergy● Active
$199.13
+$6.51(+3.38%)
Market Cap$56.0B
P/E Ratio—
52W High$214.51
52W Low$134.3
Diamondback Energy, Inc. (FANG) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
FANG · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 4, 2026EPS Actual
$4.23
Est. $3.74 · +13.1%
Revenue
$4.24B
Est. $3.83B · +10.6%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 4, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue✓ 1-Quarter EPS Beat Streak
FANG reports quarterly as a NASDAQ-listed Oil & Gas Exploration & Production company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 3, 2026 | $6.11 | — | — | — | $5.00B | — |
| ▲ Q2 FY2026 | May 4, 2026 | $3.74 | $4.23 | +13.1% | $4.24B | $3.83B | +10.6% |
| ▼ Q1 FY2026 | Feb 23, 2026 | $2.00 | $1.74 | -13.0% | $3.03B | $3.28B | -7.5% |
| ▲ Q4 FY2025 | Nov 3, 2025 | $2.94 | $3.08 | +4.8% | $3.92B | $3.53B | +11.2% |
| ▼ Q3 FY2025 | Aug 4, 2025 | $2.76 | $2.67 | -3.3% | $3.65B | $3.35B | +9.1% |
| ▲ Q2 FY2025 | May 5, 2025 | $4.18 | $4.54 | +8.6% | $4.03B | $3.77B | +6.9% |
| ▲ Q1 FY2025 | Feb 25, 2025 | $3.57 | $3.64 | +2.0% | $3.70B | $3.55B | +4.0% |
| ▼ Q4 FY2024 | Nov 4, 2024 | $3.98 | $3.38 | -15.1% | $2.65B | $2.43B | +8.6% |
Q3 FY2026
Aug 3, 2026
EPS Actual
—
EPS Est.
$6.11
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 4, 2026Beat
EPS Actual
$4.23
EPS Est.
$3.74
EPS Surpr.
+13.1%
Revenue
$4.24B
Q1 FY2026
Feb 23, 2026Miss
EPS Actual
$1.74
EPS Est.
$2.00
EPS Surpr.
-13.0%
Revenue
$3.03B
Q4 FY2025
Nov 3, 2025Beat
EPS Actual
$3.08
EPS Est.
$2.94
EPS Surpr.
+4.8%
Revenue
$3.92B
Q3 FY2025
Aug 4, 2025Miss
EPS Actual
$2.67
EPS Est.
$2.76
EPS Surpr.
-3.3%
Revenue
$3.65B
Q2 FY2025
May 5, 2025Beat
EPS Actual
$4.54
EPS Est.
$4.18
EPS Surpr.
+8.6%
Revenue
$4.03B
Q1 FY2025
Feb 25, 2025Beat
EPS Actual
$3.64
EPS Est.
$3.57
EPS Surpr.
+2.0%
Revenue
$3.70B
Q4 FY2024
Nov 4, 2024Miss
EPS Actual
$3.38
EPS Est.
$3.98
EPS Surpr.
-15.1%
Revenue
$2.65B
Analyst Estimates
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $4.18 | $4.74 | $5.62 | 7 |
| Q3 FY2028 | $4.03 | $4.58 | $5.42 | 7 |
| Q2 FY2028 | $3.85 | $4.38 | $5.18 | 7 |
| Q1 FY2028 | $3.97 | $4.51 | $5.34 | 7 |
| Q4 FY2027 | $3.82 | $4.34 | $5.14 | 6 |
| Q3 FY2027 | $3.72 | $4.23 | $5.01 | 6 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2028 | $3.9B | $4.3B | $5.0B | 4 |
| Q3 FY2028 | $3.9B | $4.3B | $4.9B | 4 |
| Q2 FY2028 | $3.9B | $4.3B | $4.9B | 5 |
| Q1 FY2028 | $3.9B | $4.3B | $4.9B | 2 |
| Q4 FY2027 | $3.9B | $4.3B | $4.9B | 3 |
| Q3 FY2027 | $3.8B | $4.2B | $4.8B | 3 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 4, 2026 | +13.1% | $207.65 | $213.69 | +2.91% |
| ▼ Q1 FY2026 | Feb 23, 2026 | -13.0% | $176.01 | $173.82 | -1.24% |
| ▲ Q4 FY2025 | Nov 3, 2025 | +4.8% | $143.19 | $141.27 | -1.34% |
| ▼ Q3 FY2025 | Aug 4, 2025 | -3.3% | $146.14 | $147.78 | +1.12% |
| ▲ Q2 FY2025 | May 5, 2025 | +8.6% | $136.81 | $133.08 | -2.73% |
| ▲ Q1 FY2025 | Feb 25, 2025 | +2.0% | $155.23 | $151.92 | -2.13% |
| ▼ Q4 FY2024 | Nov 4, 2024 | -15.1% | $175.81 | $179.76 | +2.25% |
| ▲ Q3 FY2024 | Aug 5, 2024 | +0.2% | $189.06 | $185.18 | -2.05% |
Q2 FY2026+2.91%
Report Date
May 4, 2026
EPS Beat/Miss
+13.1%
Price Before
$207.65
Price After
$213.69
Q1 FY2026-1.24%
Report Date
Feb 23, 2026
EPS Beat/Miss
-13.0%
Price Before
$176.01
Price After
$173.82
Q4 FY2025-1.34%
Report Date
Nov 3, 2025
EPS Beat/Miss
+4.8%
Price Before
$143.19
Price After
$141.27
Q3 FY2025+1.12%
Report Date
Aug 4, 2025
EPS Beat/Miss
-3.3%
Price Before
$146.14
Price After
$147.78
Q2 FY2025-2.73%
Report Date
May 5, 2025
EPS Beat/Miss
+8.6%
Price Before
$136.81
Price After
$133.08
Q1 FY2025-2.13%
Report Date
Feb 25, 2025
EPS Beat/Miss
+2.0%
Price Before
$155.23
Price After
$151.92
Q4 FY2024+2.25%
Report Date
Nov 4, 2024
EPS Beat/Miss
-15.1%
Price Before
$175.81
Price After
$179.76
Q3 FY2024-2.05%
Report Date
Aug 5, 2024
EPS Beat/Miss
+0.2%
Price Before
$189.06
Price After
$185.18
Avg Beat Reaction-1.07%
Avg Miss Reaction+0.71%
Beat Rate5 / 8 quarters
Largest Move+2.91% (Q2 FY2026)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: FANG ends December
Diamondback Energy, Inc. (FANG) most recently reported earnings on May 4, 2026 for Q2 FY2026, posting EPS of $4.23 — beating the analyst consensus of $3.74 by +13.1%. The next FANG earnings date is expected around September 1, 2026.
Each quarter, investors track FANG earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. FANG revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
FANG's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
FANG earnings · 5 questionsDiamondback Energy, Inc.'s next earnings report is expected around September 1, 2026. FANG typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; FANG historically reports after market close (AMC).
FANG earnings datewhen is FANG earningsFANG next earnings datewhen does FANG report earningsFANG earnings calendar
▸ Source: FMP · Diamondback Energy, Inc. SEC filings · US GAAP · Diamondback Energy, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026