Filing Flows › Diversified Energy (DEC) › Q2 2026 › vs Q2 2025
Diversified Energy (DEC) Q2 2026 vs Q2 2025 (year over year)
Diversified Energy's revenue rose $225M (+38%) from $587M in Q2 2025 to $812M in Q2 2026. Operating margin 58.1% against 49.7% (+8.4 pts).
Diversified Energy, Q2 2026: revenue $812M (+38% year over year), operating margin 58.1%, net earnings $247M, operating cash flow $88.8M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 58.1% | 49.7% | +8.4 pts |
| Net margin | 30.4% | 50.7% | -20.3 pts |
| Free cash flow margin | 6.0% | 3.2% | +2.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $812M | $587M | $225M | +38% |
| Operating profit | $472M | $291M | $180M | +62% |
| Costs & expenses | $340M | $295M | $44.8M | +15% |
| Pre-tax earnings | $387M | $236M | $151M | +64% |
| Other expense, net | $84.5M | $55.3M | $29.2M | +53% |
| General & admin | $43.5M | $56.7M | −$13.1M | -23% |
| Other operating costs | $297M | $239M | $57.9M | +24% |
| Net earnings | $247M | $298M | −$50.8M | -17% |
| Minority interests | $656K | $177K | $479K | +271% |
| Income tax | $140M | −$61.8M | $202M | — |
| Operating cash sources | $355M | $393M | −$37.7M | -10% |
| Depreciation & amortization | $103M | $92.7M | $10.8M | +12% |
| Share-based compensation | $4.9M | $2.6M | $2.4M | +92% |
| Working capital & other | $267M | $313M | −$46.2M | -15% |
| Operating cash flow | $88.8M | $80.3M | $8.5M | +11% |
| Free cash flow (company-reported) | $48.4M | $19.0M | $29.4M | +154% |
| Capital expenditures | $40.4M | $61.2M | −$20.9M | -34% |
Questions
How much did Diversified Energy's revenue grow year over year in Q2 2026?
Diversified Energy's revenue rose $225M (+38%) from $587M in Q2 2025 to $812M in Q2 2026. Operating margin 58.1% against 49.7% (+8.4 pts).