Devon Energy Corporation (DVN) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in t...
Devon Energy Corporation's revenue increased 7.8% year over year, from $15.94B to $17.19B.
Net income decreased 8.6% over the same period, from $2.89B to $2.64B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 41% in total.
Total debt decreased by 5.6% to $8.39B.
The debt-to-equity ratio stands at 0.54, indicating a moderate leverage profile.
Operating cash flow grew 1.7% to $6.71B.
Devon Energy Corporation maintains a healthy net profit margin of 15.4%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $4.02B-2.7% | $812.0M | $2.88B | $1.15B | $1.66B | $30.26B | $8.88B | $14.28B |
| Q4 FY2024 | $4.40B+9.4% | $639.0M | $3.00B | $958.0M | $1.66B | $30.49B | $8.88B | $14.50B |
| Q1 FY2025 | $4.45B+1.1% | $494.0M | $3.02B | $1.04B | $1.94B | $30.93B | $8.88B | $14.54B |
| Q2 FY2025 | $4.28B-3.8% | $899.0M | $2.93B | $979.0M | $1.54B | $31.39B | $8.88B | $15.06B |
| Q3 FY2025 | $4.33B+1.1% | $687.0M | $2.88B | $984.0M | $1.69B | $31.22B | $8.39B | $15.35B |
| Q4 FY2025 | $4.12B-4.8% | $562.0M | $2.73B | $826.0M | $1.53B | $31.60B | $8.39B | $15.53B |
| Q1 FY2026 | $3.81B-7.6% | $120.0M | $2.26B | $295.0M | $1.66B | $32.54B | $8.70B | $15.43B |
| Q2 FY2026 | $7.42B+94.8% | $1.91B | $5.54B | $2.73B | $3.67B | $70.89B | $11.89B | $41.75B |
Balance Sheet Summary (Q2 FY2026)
Devon Energy Corporation (DVN) Financial Statements & Revenue History
Devon Energy Corporation (DVN) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry trading at $50.70 with a market capitalization of $56. This page provides 42 historical financial statements for Devon Energy Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Devon Energy Corporation reported revenue of $17.2 billion, representing 7.8% year-over-year growth. The net profit margin of 15.4% reflects strong profitability. The debt-to-equity ratio of 0.54 reflects moderate leverage.
DVN Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Devon Energy Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether DVN is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track DVN's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Devon Energy Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of DVN's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use DVN Financial Data
Investors use Devon Energy Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare DVN's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how DVN's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View DVN's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Devon Energy Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.DVN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.