Diversified Energy Company PLC (DEC) Income Statement
DEC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDEC revenue and net income
Where DEC's revenue goes
2025Each bar shows an amount and its share of revenue. DEC kept 21.2% of revenue as net income.
DEC profit margins
DEC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +102.7% | −5.7% | +31.6% | +74.1% |
| Gross profit | +276.0% | −31.0% | +36.3% | — |
| Operating income | — | — | — | +48.6% |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DEC quarterly EPS vs estimates
Diversified Energy beat the analyst EPS estimate in 0 of the last 2 quarters. Next report: November 4, 2026 (estimate $0.78).
DEC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $794.8M | $868.3M | $1.92B | $977.0M | $408.7M | $462.3M | $289.8M | $41.8M | $18.3M |
| Cost of revenue | $1.20B | $685.4M | $665.1M | $668.1M | $458.9M | $321.3M | $181.8M | $51.2M | $27.9M | $16.8M |
| Gross profit | $411.6M | $109.5M | $203.2M | $1.25B | $515.3M | $87.4M | $280.5M | $238.6M | $13.9M | $1.5M |
| Sales, general & admin | $167.6M | $22.4M | $17.8M | $98.9M | $73.3M | $63.9M | $20.5M | $12.1M | $2.1M | $896,000 |
| Total operating expenses | $167.6M | $152.5M | −$957.9M | $1.92B | $1.02B | $64.7M | $170.9M | $126.6M | $7.3M | $2.5M |
| Operating income | $244.0M | −$43.0M | $1.16B | −$671.4M | −$467.1M | −$77.6M | $107.1M | $295.0M | $16.2M | $22.4M |
| Interest income | $210.0M | $137.6M | $134.2M | $100.7M | — | — | — | — | — | — |
| Interest expense | $210.0M | $137.6M | $134.2M | $102.2M | $51.1M | $43.9M | $36.5M | $17.7M | $5.2M | $3.3M |
| Income before taxes | $301.3M | −$224.0M | $1.00B | −$799.5M | −$550.9M | −$136.7M | $131.5M | $261.8M | $4.7M | $32.5M |
| Income taxes | −$40.5M | −$137.0M | $240.6M | −$178.9M | −$225.7M | −$113.3M | $32.1M | $60.7M | −$4.1M | $14.8M |
| Net income | $341.9M | −$88.3M | $758.0M | −$625.4M | −$325.2M | −$23.5M | $99.4M | $201.1M | $8.9M | $17.7M |
| EBITDA | $923.8M | $170.2M | $1.36B | −$476.5M | −$332.7M | $23.3M | $266.2M | $319.2M | $41.0M | $39.0M |
| EPS (diluted) | $4.59 | −$1.86 | $15.94 | −$15.09 | −$7.66 | −$0.66 | $3.03 | $9.74 | $1.22 | $8.00 |
| Gross margin | 25.5% | 13.8% | 23.4% | 65.2% | 52.7% | 21.4% | 60.7% | 82.3% | 33.2% | 8.1% |
| Operating margin | 15.1% | −5.4% | 133.7% | −35.0% | −47.8% | −19.0% | 23.2% | 101.8% | 38.8% | 122.8% |
| Net margin | 21.2% | −11.1% | 87.3% | −32.6% | −33.3% | −5.7% | 21.5% | 69.4% | 21.2% | 96.7% |
| Jun '26 | Mar '26 | Dec '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Dec '23 | Sep '23 | Jun '23 | Dec '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $811.9M | $873.1M | $873.1M | $738.3M | $62.5M | $446.2M | $348.7M | $350.8M | $175.4M | $456.0M | $945.9M | $899.6M |
| Cost of revenue | $294.8M | $894.0M | $894.0M | $305.9M | $183.2M | $509.3M | $176.1M | $183.1M | $91.5M | $196.0M | $199.6M | $172.5M |
| Gross profit | $811.9M | −$20.9M | −$20.9M | $432.5M | −$120.6M | −$63.1M | $172.6M | $167.7M | $83.8M | $260.0M | $746.3M | $727.2M |
| Sales, general & admin | $43.5M | $163.2M | $163.2M | $51.5M | $34.1M | $18.7M | $44.2M | $38.9M | $23.7M | $67.3M | $37.3M | $47.9M |
| Total operating expenses | $340.1M | −$131.6M | −$131.6M | $299.2M | $252.3M | −$17.7M | $170.2M | −$83.7M | $35.4M | $638.8M | $251.8M | $1.92B |
| Operating income | $471.8M | $110.7M | $110.7M | $133.2M | −$189.8M | −$45.4M | $2.4M | $251.4M | $112.6M | $899.6M | $509.0M | −$1.13B |
| Interest income | — | — | $210.0M | $98.0M | — | $77.1M | $60.6M | — | — | — | — | — |
| Interest expense | $61.3M | $313.9M | $313.9M | $103.9M | $42.7M | $137.6M | $60.6M | $67.5M | — | $70.6M | $64.1M | $38.3M |
| Income before taxes | $387.3M | $328.8M | $328.8M | −$27.5M | −$257.5M | −$141.7M | −$82.3M | $172.1M | $86.0M | $828.3M | $430.6M | −$1.23B |
| Income taxes | $139.7M | −$47.0M | −$47.0M | $6.5M | — | −$37.8M | −$98.0M | $43.3M | $21.7M | $197.3M | $116.0M | −$294.9M |
| Net income | $246.9M | $376.4M | $376.4M | −$34.5M | −$323.2M | −$103.3M | $15.1M | $128.0M | $64.0M | $630.0M | $312.0M | −$937.4M |
| EBITDA | $660.6M | $542.5M | $658.1M | $265.7M | −$140.2M | −$3.8M | $126.0M | $371.2M | $185.6M | $1.03B | $608.8M | −$995.4M |
| EPS (diluted) | −$0.29 | $0.70 | — | — | — | — | — | — | — | — | — | — |
| Gross margin | 100.0% | −2.4% | −2.4% | 58.6% | −193.0% | −14.1% | 49.5% | 47.8% | 47.8% | 57.0% | 78.9% | 80.8% |
| Operating margin | 58.1% | 12.7% | 12.7% | 18.0% | −303.6% | −10.2% | 0.7% | 71.7% | 64.2% | 197.3% | 53.8% | −125.4% |
| Net margin | 30.4% | 43.1% | 43.1% | −4.7% | −517.0% | −23.2% | 4.3% | 36.5% | 36.5% | 138.2% | 33.0% | −104.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DEC's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DEC financial results
In fiscal year 2025 (ended December 31, 2025), Diversified Energy reported revenue of $1.6 billion, up 102.7% from the year before. It had net income of $341.9 million, a net profit margin of 21.2%. Diluted earnings per share came to $4.59. Over five years revenue grew at an average rate of 31.6% a year.
See the DEC stock overview for the latest quote and news, or the DEC chart for price history and technical indicators.
DEC income statement FAQ
What is Diversified Energy's annual revenue?
Diversified Energy reported total revenue of $1.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 102.7% from $794.8 million the previous year.
Is Diversified Energy profitable?
Yes. Diversified Energy reported net income of $341.9 million in fiscal 2025, a net profit margin of 21.2%; its operating margin was 15.1%.
What is Diversified Energy's gross margin?
Diversified Energy's gross margin was 25.5% in fiscal 2025: for every $100 of revenue, Diversified Energy kept $26 after the direct cost of its products and services.
How fast is Diversified Energy growing?
Revenue grew 31.6% a year on average over the last five fiscal years, from $408.7 million to $1.6 billion.
What are Diversified Energy's earnings per share?
Diversified Energy earned $4.59 per diluted share in fiscal 2025, compared with $-1.86 a year earlier.
When will Diversified Energy report its next earnings?
Diversified Energy is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Diversified Energy's fiscal year end?
Diversified Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.