Filing Flows › Diamondback Energy (FANG) › Operating margin
Diamondback Energy (FANG) operating margin by quarter
Diamondback Energy's operating margin was 46.0% in Q3 2026 (third quarter 2026), +0.9 pts from Q2 2026. Over the last 6 quarters it ranged from 2.7% (Q1 2026) to 46.0% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 46.0% | +0.9 pts | +14.5 pts |
| Q2 2026 | 45.2% | +42.4 pts | +14.2 pts |
| Q1 2026 | 2.7% | -28.8 pts | -38.6 pts |
| Q3 2025 | 31.5% | +0.5 pts | — |
| Q2 2025 | 31.0% | -10.4 pts | — |
| Q1 2025 | 41.3% | — | — |
Q3 2026 at a glance
Diamondback Energy, Q3 2026: revenue $5.4B (+38% year over year), operating margin 46.0%, net earnings $1.6B, operating cash flow $2.6B. The chart follows the revenue to costs, profit and cash.
Questions
What is Diamondback Energy's operating margin?
Diamondback Energy's operating margin was 46.0% in Q3 2026 (third quarter 2026), +0.9 pts from Q2 2026.
How has Diamondback Energy's operating margin changed?
Over the last 6 quarters it ranged from 2.7% (Q1 2026) to 46.0% (Q3 2026).