Q2 FY2026 EarningsQ2 FY26 significantly beat consensus across top and bottom lines: revenue was $5.56B vs. $4.95B expected, and GAAP EPS reached $6.65 vs. the $5.90 consensus. Average production surpassed the 1.0 million BOE/d milestone for the first time, driven by operational efficiencies in the Midland Basin. Management raised FY26 production guidance by 3% and doubled the stock repurchase authorization to $16.0 billion, signaling strong confidence in free cash flow despite unfavorable Waha Hub natural gas pricing.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Diamondback Energy(FANG) the Revenue is 5.562 B (+51.22%), Beat estimate;the EBIT is 2.453 B (+93%), Beat estimate;the EPS is 6.65 (+179.4%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
5.56B51.22%
4.95B34.66%
+0.61B16.56%
EBITExceed expectations
2.45B93.00%
2.41B89.39%
+0.05B3.61%
EPSExceed expectations
6.65179.41%
5.9033148.04%
+0.746731.37%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf