10-Q quarterly report · filed Nov 5, 2025

Diamondback Energy (FANG) Q3 2025 10-Q Quarterly Report

Short answer

Diamondback Energy (FANG) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $3.9B (up 48.4% year over year) with net income of $1.0B.

Q3 2025 key financials · XBRL

Revenue
$3.9B
+48.4% YoY · +6.7% QoQ
Net income
$1.0B
+54.5% YoY · +45.6% QoQ
Operating margin
31.5%
EPS (diluted)
$3.51
+14.3% YoY · +48.1% QoQ

Source: XBRL data from the Diamondback Energy (FANG) Q3 2025 10-Q on SEC EDGAR. USD.

Diamondback Energy Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $10.42B for nine months 2025, up 57% from $6.63B in 2024; Q3 2025 revenue $3.45B, up from $3.32B in Q2 2025
  • Net income $1.0B in Q3 2025; Operating cash costs $10.05/BOE with lease operating $5.65/BOE and G&A $0.55/BOE
  • Production increased 79% YoY to 247,019 MBOE for nine months 2025; oil production best segment, 134,288 MBbls up 69% YoY
  • Cash capital expenditures $774M in Q3 2025; $603M in stock repurchases executed, $3.1B authorized for future repurchases
  • Guidance raised: full-year 2025 BOE production 910-920 MBOE/d (up 2%), Q4 oil production 505-515 MBbls/d; headwinds include potential material asset impairments due to price decline

Risk Factors

  • No new risk factors added this quarter; no material changes since 2024 Annual 10-K
  • No updated risk factors materially changing prior disclosed risks as of March 31, 2025 10-Q
  • Regulatory/legal risks remain as previously disclosed with no new significant developments
  • Operational and market risks carry forward with no material updates affecting near-term performance
  • Financial risks including liquidity, debt maturity, and currency exposure unchanged from 2024 disclosures

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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