The financials
Viper Energy, Inc. by the numbers
Viper Energy, Inc. (VNOM) reported revenue of $677M in Q2 2026 (quarter ended June 30, 2026), up 128% from the same quarter a year earlier. That came with net income of $142M (21% of revenue). For the full year FY2025, revenue was $1.40B (+62% year on year) and net income −$68M. Its largest product in 2026-Q1 was Oil Income at $428M, 86% of the disclosed total, just ahead of Natural Gas Liquids Income at 10%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $677M | $297M | +128% |
| Operating income | $428M | $135M | +217% |
| Net income | $142M | $37M | +284% |
| Diluted EPS | $0.73 | $0.28 | +161% |
| Product | Revenue | Share |
|---|---|---|
| Oil Income | $428M | 86% |
| Natural Gas Liquids Income | $52M | 10% |
| Natural Gas Income | $16M | 3.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $496.0M (+26%)
Segment Latestquarter on quarteryear on year
- Oil Income$428.0M$428.0MQoQ +29%year on year +113%+29%+113%
- Natural Gas Liquids Income$52.0M$52.0MQoQ +13%year on year +86%+13%+86%
- Natural Gas Income$16.0M$16.0MQoQ +6.7%year on year +6.7%+6.7%+6.7%
Oil & Gas Midstream
Ranks #18 of 27 by Smart Score