Devon Energy Corporation (DVN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	19.7B	17.2B	15.9B	15.3B	19.2B
Cost of Revenue	13.0B	12.8B	11.2B	9.9B	10.8B
Gross Profit	6.7B	4.4B	4.7B	5.4B	8.4B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	549.0M	492.0M	500.0M	408.0M	395.0M
General & Admin Expense	549.0M	492.0M	500.0M	408.0M	395.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	1.5B	43.0M	28.0M	20.0M	54.0M
Total Operating Expenses	2.0B	535.0M	528.0M	428.0M	449.0M
Cost and Expenses	15.0B	13.3B	11.8B	10.3B	11.2B
Operating Income (EBIT)	4.7B	3.9B	4.2B	4.9B	7.9B
Non-Operating
Interest Income	68.0M	56.0M	38.0M	55.0M	38.0M
Interest Expense	511.0M	511.0M	401.0M	363.0M	347.0M
Net Interest Income	(443.0M)	(455.0M)	(363.0M)	(308.0M)	(309.0M)
Other Non-Op Income/Expense	(485.0M)	(390.0M)	(470.0M)	(316.0M)	(145.0M)
Non-Operating Income (excl Interest)	(49.0M)	(107.0M)	69.0M	(53.0M)	(225.0M)
EBT (Pre-Tax Income)	4.2B	3.5B	3.7B	4.6B	7.8B
Income Tax Expense	923.0M	785.0M	770.0M	841.0M	1.7B
Bottom Line
Net Income	3.3B	2.6B	2.9B	3.7B	6.0B
Earnings from Cont. Ops	3.3B	2.7B	2.9B	3.8B	6.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	3.3B	2.6B	2.9B	3.7B	6.0B
Per Share
Basic EPS	$4.23	$4.21	$4.57	$5.86	$9.15
Diluted EPS	$4.21	$4.20	$4.57	$5.84	$9.12
Revenue Per Share	$21.00	$27.37	$25.59	$23.88	$29.45
Shares
Basic Shares Outstanding	937.0M	628.0M	623.0M	639.0M	651.0M
Diluted Shares Outstanding	940.0M	629.0M	623.0M	642.0M	653.0M
Profitability Metrics
EBITDA	8.8B	7.6B	7.4B	7.5B	10.4B
D&A	4.1B	3.6B	3.3B	2.6B	2.2B
EBIT	4.7B	4.0B	4.1B	5.0B	8.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026