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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 4.05B | 9.5% |
| Gross Profit | 3.71B | 144% |
| Cost of Revenue | 339M | 84.4% |
| Operating expense | 2.04B | 1785.2% |
| Net Income | 1.41B | 30.8% |
| EBITDA | 2.87B | 3.7% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 70.1B | 4.1% |
| Total Liabilities | 28.3B | 3.3% |
| Total Equity | 38.5B | 2% |
| Shares Outstanding | 290M | 0.8% |
Cash Flow (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 2.36B | 0.6% |
| Cash from financing | 1.18B | 269.1% |
EPS
Financial Highlights for Diamondback Energy in Q1 '25
Diamondback Energy reported a revenue of 4.05B, which is a 9.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.71B, marking a 144% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 339M, a -84.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.04B, showing a 1785.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.41B, showing a 30.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 2.87B, showing a 3.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Diamondback Energy with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
