Revenue $5.56B, up 51.2% on a year earlier. Diluted EPS $6.65 against $2.38.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $5.56B | $4.24B | $3.68B | +51.2% |
| Operating income | $2.51B | $116.00M | $1.14B | +120.5% |
| Net income | $1.88B | $25.00M | $699.00M | +169.2% |
| Diluted EPS | $6.65 | $0.08 | $2.38 | |
| Operating cash flow | $3.59B | $1.83B | $1.68B | +114.0% |
| Capital expenditures | -$996.00M | -$933.00M | -$3.12B | |
| Free cash flow | $2.59B | $895.00M | -$1.45B | |
| Dividend per share | $1.10 | $1.05 | $1.00 |
| Period | Measure | Guided | Reported | Result |
|---|---|---|---|---|
| Q2 FY26 | Capital Expenditures | $925.00M to $1.02B | $996.00M | in range |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Diamondback Energy (FANG) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/FANG/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
