Devon Energy Corporation (DVN) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Devon Energy Corporation (DVN) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

DVN Income Statement

Devon Energy Corporation (DVN) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	6.86B	7.42B	3.81B	4.12B	4.33B	4.28B	4.45B	4.4B	4.02B	3.92B	3.6B	4.14B	4.04B	3.49B	3.76B	4.35B	5.18B	6.27B	4.84B	4.25B
Revenue Growth %	58.39%	73.13%	-14.49%	-6.4%	7.63%	9.37%	23.8%	6.22%	-0.42%	12.14%	-4.34%	-4.76%	-22.05%	-44.27%	-22.32%	2.38%	36.39%	100.9%	72.21%	249.3%
Cost of Goods Sold	0	3.27B	3.35B	3.14B	3.23B	3.17B	3.26B	3.25B	2.71B	2.66B	2.61B	2.5B	2.57B	2.42B	2.42B	2.6B	2.85B	2.97B	2.43B	2.45B
COGS % of Revenue	-	44.05%	87.86%	76.2%	74.51%	74%	73.23%	73.9%	67.25%	68.01%	72.47%	60.36%	63.62%	69.22%	64.27%	59.83%	54.88%	47.34%	50.28%	57.7%
Gross Profit	0	4.15B	462M	981M	1.1B	1.11B	1.19B	1.15B	1.32B	1.25B	990M	1.64B	1.47B	1.07B	1.34B	1.75B	2.34B	3.3B	2.41B	1.8B
Gross Margin %	-	55.95%	12.14%	23.8%	25.49%	26%	26.77%	26.1%	32.75%	31.99%	27.53%	39.64%	36.38%	30.78%	35.73%	40.17%	45.12%	52.66%	49.72%	42.3%
Gross Profit Growth %	-100%	272.53%	-61.24%	-14.62%	-16.24%	-11.09%	20.4%	-30.07%	-10.34%	16.56%	-26.28%	-6.01%	-37.15%	-67.43%	-44.18%	-2.78%	55.93%	199.27%	131.35%	7717.39%
Operating Expenses	2.02B	1.59B	150M	140M	122M	133M	140M	206M	117M	117M	123M	123M	99M	92M	106M	122M	95M	84M	94M	95M
OpEx % of Revenue	29.37%	21.45%	3.94%	3.4%	2.82%	3.1%	3.14%	4.68%	2.91%	2.99%	3.42%	2.97%	2.45%	2.63%	2.82%	2.8%	1.83%	1.34%	1.94%	2.23%
Selling, General & Admin	2.02B	175M	125M	135M	114M	113M	130M	155M	113M	114M	114M	111M	99M	92M	106M	122M	95M	84M	94M	95M
SG&A % of Revenue	29.37%	2.36%	3.28%	3.28%	2.63%	2.64%	2.92%	3.52%	2.81%	2.91%	3.17%	2.68%	2.45%	2.63%	2.82%	2.8%	1.83%	1.34%	1.94%	2.23%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0	0	0	0	0	0	0
Operating Income	0	2.56B	312M	841M	982M	981M	1.05B	943M	1.2B	1.14B	867M	1.52B	1.37B	983M	1.24B	1.63B	2.24B	3.22B	2.31B	1.7B
Operating Margin %	-	34.5%	8.2%	20.41%	22.67%	22.9%	23.63%	21.42%	29.85%	29%	24.11%	36.67%	33.93%	28.14%	32.91%	37.36%	43.29%	51.32%	47.78%	40.06%
Operating Income Growth %	-100%	160.86%	-70.34%	-10.82%	-18.23%	-13.64%	21.34%	-37.96%	-12.4%	15.56%	-29.91%	-6.52%	-38.9%	-69.44%	-46.5%	-4.52%	59.72%	218.83%	147.8%	2986.44%
EBITDA	2.94B	3.98B	1.22B	1.73B	1.86B	1.9B	1.96B	1.91B	2B	1.9B	1.59B	2.17B	2.02B	1.62B	1.85B	2.27B	2.83B	3.75B	2.8B	2.28B
EBITDA Margin %	42.8%	53.59%	31.94%	42%	42.97%	44.23%	44.12%	43.47%	49.58%	48.61%	44.19%	52.35%	50.04%	46.41%	49.27%	52.18%	54.49%	59.75%	57.88%	53.63%
EBITDA Growth %	57.76%	109.76%	-38.09%	-9.56%	-6.72%	-0.47%	23.6%	-11.8%	-1.34%	17.46%	-14.2%	-4.45%	-28.42%	-56.72%	-33.88%	-0.39%	42.46%	142.39%	100.07%	842.15%
D&A (Non-Cash Add-back)	1.68B	1.42B	904M	890M	879M	914M	912M	971M	794M	768M	722M	650M	651M	638M	615M	645M	581M	528M	489M	577M
EBIT	0	2.56B	284M	866M	1.04B	1.29B	773M	968M	1.16B	1.13B	855M	1.52B	1.16B	990M	1.31B	1.64B	2.55B	2.58B	1.35B	1.75B
Net Interest Income	0	-122M	-109M	-105M	-107M	-116M	-123M	-123M	-79M	-76M	-76M	-75M	-81M	-78M	-72M	-73M	-67M	-84M	-85M	-86M
Interest Income	0	22M	14M	14M	18M	14M	10M	16M	19M	14M	13M	12M	12M	15M	21M	16M	19M	2M	1M	0
Interest Expense	0	144M	123M	119M	125M	130M	133M	139M	98M	90M	89M	87M	93M	93M	93M	89M	86M	86M	86M	86M
Other Income/Expense	0	-175M	-146M	-94M	-70M	180M	-406M	-103M	-137M	-96M	-99M	-90M	-299M	-86M	-13M	-73M	221M	-722M	-1.05B	-41M
Pretax Income	1.25B	2.38B	166M	747M	912M	1.16B	646M	840M	1.06B	1.04B	768M	1.43B	1.07B	897M	1.22B	1.55B	2.46B	2.5B	1.26B	1.66B
Pretax Margin %	18.25%	32.14%	4.36%	18.13%	21.06%	27.1%	14.51%	19.08%	26.44%	26.55%	21.36%	34.5%	26.53%	25.68%	32.56%	35.68%	47.55%	39.81%	26.08%	39.1%
Income Tax	244M	473M	46M	185M	219M	244M	137M	187M	239M	185M	159M	269M	152M	199M	221M	349M	565M	557M	267M	150M
Effective Tax Rate %	19.49%	19.84%	27.71%	24.77%	24.01%	21.02%	21.21%	22.26%	22.46%	17.79%	20.7%	18.81%	14.18%	22.19%	18.06%	22.47%	22.92%	22.32%	21.16%	9.03%
Net Income	1.01B	1.91B	120M	562M	687M	899M	494M	639M	812M	844M	596M	1.15B	910M	690M	995M	1.2B	1.89B	1.93B	989M	1.51B
Net Margin %	14.69%	25.77%	3.15%	13.64%	15.86%	20.99%	11.1%	14.51%	20.18%	21.55%	16.57%	27.79%	22.52%	19.75%	26.47%	27.6%	36.52%	30.82%	20.44%	35.43%
Net Income Growth %	46.72%	112.57%	-75.71%	-12.05%	-15.39%	6.52%	-17.11%	-44.53%	-10.77%	22.32%	-40.1%	-4.08%	-51.93%	-64.29%	0.61%	-20.25%	125.89%	654.69%	364.32%	1576.47%
Net Income (Continuing)	1.01B	1.91B	120M	562M	693M	917M	509M	653M	825M	855M	609M	1.16B	920M	698M	1B	1.2B	1.9B	1.94B	995M	1.51B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	232M	228M	208M	201M	178M	174M	156M	140M	129M	126M	129M	134M	136M	135M	137M
EPS (Diluted)	1.07	2.03	0.19	0.90	1.09	1.41	0.77	0.99	1.30	1.34	0.94	1.81	1.42	1.08	1.54	1.82	2.89	2.93	1.49	2.23
EPS Growth %	-1.83%	43.97%	-75.32%	-9.09%	-16.15%	5.22%	-18.09%	-45.3%	-8.45%	24.07%	-38.96%	-0.55%	-50.87%	-63.14%	3.36%	-18.39%	133.06%	671.05%	365.63%	925.93%
EPS (Basic)	1.08	2.04	0.19	0.91	1.09	1.42	0.77	0.98	1.31	1.35	0.95	1.81	1.43	1.08	1.53	1.83	2.92	2.96	1.51	2.24
Diluted Shares Outstanding	940M	940M	622M	622M	636M	636M	645M	623M	623M	628M	632M	638M	639M	639M	647M	655M	656M	660M	665M	673M
Basic Shares Outstanding	937M	937M	621M	621M	635M	635M	643M	623M	622M	626M	629M	635M	637M	638M	647M	653M	649M	652M	656M	671M
Dividend Payout Ratio	-	19.15%	129.17%	26.51%	21.98%	17.35%	33%	22.38%	33.5%	26.42%	50.17%	42.36%	34.29%	66.96%	59.9%	72.86%	53.2%	42.96%	67.44%	36.79%