Filing Flows › Devon Energy (DVN) › Operating margin
Devon Energy (DVN) operating margin by quarter
Devon Energy's operating margin was 18.3% in Q3 2026 (third quarter 2026), -13.9 pts from Q2 2026. Over the last 7 quarters it ranged from 4.4% (Q1 2026) to 32.1% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 18.3% | -13.9 pts | -2.8 pts |
| Q2 2026 | 32.1% | +27.8 pts | +5.0 pts |
| Q1 2026 | 4.4% | -13.8 pts | -10.1 pts |
| Q4 2025 | 18.1% | -2.9 pts | — |
| Q3 2025 | 21.1% | -6.0 pts | — |
| Q2 2025 | 27.1% | +12.6 pts | — |
| Q1 2025 | 14.5% | — | — |
Q3 2026 at a glance
Devon Energy, Q3 2026: revenue $6.9B (+58% year over year), operating margin 18.3%, net earnings $1.0B, operating cash flow $2.8B. The chart follows the revenue to costs, profit and cash.
Questions
What is Devon Energy's operating margin?
Devon Energy's operating margin was 18.3% in Q3 2026 (third quarter 2026), -13.9 pts from Q2 2026.
How has Devon Energy's operating margin changed?
Over the last 7 quarters it ranged from 4.4% (Q1 2026) to 32.1% (Q2 2026).