DIAMONDBACK ENERGY INC (FANG) Earnings History & Surprises
NASDAQ:FANG • US25278X1090
182.86 USD
+2.32 (+1.29%)
At close: Mar 9, 2026
181.94 USD
-0.92 (-0.5%)
Pre-Market: 3/10/2026, 6:17:48 AM
Past quarterly earnings results for DIAMONDBACK ENERGY INC (FANG), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate$2.26
Revenue Estimate3.37B
Last Reported
Release DateFeb 23, 2026
PeriodQ4 / 2025
EPS Reported$1.74
EPS Surprise -18.00%
Revenue Surprise 0.15%
Beat Rate
69%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 1.74 | 2.12 | -18.00% | -52.20% | 3.376B | 3.371B | 0.15% | -9.03% |
| Q3 2025 | 3.08 | 2.98 | 3.20% | -8.88% | 3.924B | 3.594B | 9.18% | 48.36% |
| Q2 2025 | 2.67 | 2.87 | -7.02% | -40.93% | 3.678B | 3.437B | 7.01% | 48.13% |
| Q1 2025 | 4.54 | 4.21 | 7.78% | 0.89% | 4.048B | 3.803B | 6.44% | 81.77% |
| Q4 2024 | 3.64 | 3.41 | 6.66% | -23.21% | 3.711B | 3.599B | 3.11% | 66.56% |
| Q3 2024 | 3.38 | 4.06 | -16.80% | -38.43% | 2.645B | 2.49B | 6.22% | 13.03% |
| Q2 2024 | 4.52 | 4.61 | -1.85% | 22.83% | 2.483B | 2.228B | 11.45% | 29.39% |
| Q1 2024 | 4.50 | 4.51 | -0.26% | 9.76% | 2.227B | 2.131B | 4.50% | 15.69% |
| Q4 2023 | 4.74 | 4.76 | -0.33% | -10.40% | 2.228B | 2.212B | 0.72% | 9.75% |
| Q3 2023 | 5.49 | 5.11 | 7.38% | -15.28% | 2.34B | 2.238B | 4.56% | -3.98% |
| Q2 2023 | 3.68 | 3.98 | -7.50% | -47.95% | 1.919B | 1.981B | -3.13% | -30.67% |
| Q1 2023 | 4.10 | 4.42 | -7.17% | -21.15% | 1.925B | 2.012B | -4.32% | -20.06% |
| Q4 2022 | 5.29 | 5.32 | -0.60% | 45.73% | 2.03B | 2.129B | -4.65% | 0.40% |
| Q3 2022 | 6.48 | 6.46 | 0.35% | 120.41% | 2.437B | 2.424B | 0.54% | 27.59% |
| Q2 2022 | 7.07 | 6.71 | 5.34% | 194.58% | 2.768B | 2.478B | 11.70% | 64.66% |
| Q1 2022 | 5.20 | 4.61 | 12.71% | 126.09% | 2.408B | 1.944B | 23.87% | 103.38% |
| Q4 2021 | 3.63 | 3.45 | 5.37% | 342.68% | 2.022B | 1.696B | 19.22% | 162.94% |
| Q3 2021 | 2.94 | 2.82 | 4.21% | 374.19% | 1.91B | 1.556B | 22.75% | 165.28% |
| Q2 2021 | 2.40 | 2.23 | 7.46% | 1,500.00% | 1.681B | 1.38B | 21.81% | 295.53% |
| Q1 2021 | 2.30 | 1.83 | 25.60% | 58.62% | 1.184B | 1.028B | 15.18% | 31.70% |
| Q4 2020 | 0.82 | 0.83 | -1.22% | - | 769M | 786.47M | -2.22% | - |
| Q3 2020 | 0.62 | 0.37 | 66.19% | - | 720M | 728.71M | -1.20% | - |
| Q2 2020 | 0.15 | 0.02 | 842.68% | - | 425M | 606.67M | -29.95% | - |
| Q1 2020 | 1.45 | 1.32 | 9.96% | - | 899M | 999.17M | -10.03% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
2
Average EPS beat (4)
-3.51%
Max EPS beat (4)
7.78%
Min EPS beat (4)
-18.00%
Revenue beat statistics
Revenue beat (4)
4
Average Revenue beat (4)
5.70%
Max Revenue beat (4)
9.18%
Min Revenue beat (4)
0.15%
Analysis
In the last 4 quarters, FANG has beaten EPS estimates in 2 out of 4 releases
FANG has consistently beaten revenue estimates in all past 4 earnings releases
In the last 4 quarters, FANG reported -3.5% below the EPS estimates on average.
In the last 4 quarters, FANG has beaten the revenue estimates by 5.7% on average.
DIAMONDBACK ENERGY INC / FANG Earnings FAQ
When did DIAMONDBACK ENERGY INC (FANG) report earnings last quarter?
DIAMONDBACK ENERGY INC (FANG) last reported earnings on 2/23/2026.
Did DIAMONDBACK ENERGY INC (FANG) beat earnings estimates last quarter?
DIAMONDBACK ENERGY INC (FANG) missed EPS estimates and beat revenue estimates in the most recent quarter.
What percentage of the time does FANG stock beat earnings estimates?
In the last 4 quarters, DIAMONDBACK ENERGY INC (FANG) has beaten EPS estimates in 2 out of 4 releases.