Devon Energy Corporation (DVN) Financial Statements
Devon Energy financial statements at a glance
Devon Energy reported revenue of $17.19 billion for fiscal year 2025 (ended December 31, 2025), up 7.8% from fiscal year 2024. Net income was $2.64 billion, a net margin of 15.4%.
At the end of fiscal year 2025 it had total assets of $31.60 billion, total liabilities of $16.07 billion and shareholders' equity of $15.53 billion, with total debt of $8.41 billion.
Its operations brought in $6.71 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Devon Energy Corporation
Income Statement
Annual • USD
Devon Energy key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $17.2B | $15.9B | $15.3B | $19.2B | $12.2B |
| Gross profit | $8.0B | $8.0B | $7.9B | $10.6B | $3.7B |
| Operating income | $3.9B | $4.2B | $5.0B | $8.0B | $3.2B |
| Net income | $2.6B | $2.9B | $3.7B | $6.0B | $2.8B |
| Diluted EPS | – | – | – | – | $4.19 |
| Total assets | $31.6B | $30.5B | $24.5B | $23.7B | $21.0B |
| Total liabilities | $16.1B | $16.0B | $12.4B | $12.6B | $11.6B |
| Shareholders' equity | $15.5B | $14.5B | $12.1B | $11.2B | $9.3B |
| Cash | – | – | – | – | $2.1B |
| Total debt | $8.4B | $9.2B | $6.5B | $6.7B | $6.7B |
| Operating cash flow | $6.7B | $6.6B | $6.5B | $8.5B | $4.9B |
| Capital spending | – | – | – | – | $2.0B |
| Free cash flow | – | – | – | – | $2.9B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Devon Energy's revenue in fiscal year 2025?
$17.19 billion, up 7.8% from $15.94 billion in fiscal year 2024.
How much profit does Devon Energy make?
Devon Energy reported net income of $2.64 billion for fiscal year 2025 (15.4% of revenue); operating income was $3.95 billion.
How much cash and debt does Devon Energy have?
At the end of fiscal year 2025: total debt of $8.41 billion.
