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Viper Energy, Inc. by the numbers
Viper Energy, Inc. (VNOM) reported revenue of $677M in Q2 2026 (quarter ended Jun 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 Q2 2026 was Oil Income at $582M, 88% of the disclosed total, well ahead of Natural Gas Liquids Income at 11%.
| 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 | $582M | 88% |
| Natural Gas Liquids Income | $75M | 11% |
| Natural Gas Income | $1.0M | 0.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $658.0M (+33%)
Oil Income grew +141% year on yearNatural Gas Income -90% year on year
Segment Latestquarter on quarteryear on year
- Oil Income$582.0M$582.0MQoQ +36%year on year +141%+36%+141%
- Natural Gas Liquids Income$75.0M$75.0MQoQ +44%year on year +108%+44%+108%
- Natural Gas Income$1.0M$1.0MQoQ -94%year on year -90%-94%-90%
Oil & Gas Midstream
Ranks #13 of 22 by Smart Score