Devon Energy Corporation (DVN) — Financial statements
Income statement, balance sheet, and cash flow for Devon Energy Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 17,126↑10.0% | 15,567↑2.8% | 15,140↓23.6% | 19,827↑44.2% | 13,750 | |
| Cost of Revenue | 12,895↑14.1% | 11,297↑13.7% | 9,940↓8.4% | 10,854↑27.1% | 8,541 | |
| Gross Profit | 4,231↓0.9% | 4,270↓17.9% | 5,200↓42.0% | 8,973↑72.3% | 5,209 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 492↓1.6% | 500 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 5,563 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 6,055↑1111.0% | 500↑22.5% | 408↑3.3% | 395↑1.0% | 391 | |
| Other Expenses | -5,599 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 456↓8.8% | 500↑22.5% | 408↑3.3% | 395↑1.0% | 391 | |
| Total Costs & Expenses | 13,351↑13.2% | 11,797↑14.0% | 10,348↓8.0% | 11,249↑25.9% | 8,932 | |
| Operating Results | ||||||
| Operating Income | 3,775↑0.1% | 3,770↓21.3% | 4,792↓44.1% | 8,578↑78.0% | 4,818 | |
| Depreciation & Amortization | 3,650↑10.8% | 3,294↑27.5% | 2,583↑14.3% | 2,260↑4.5% | 2,162 | |
| EBITDA | 7,425↓0.1% | 7,431↓1.8% | 7,569↓27.1% | 10,382↑91.5% | 5,421 | |
| EBIT | 3,775↓8.8% | 4,137↓17.0% | 4,986↓38.6% | 8,122↑149.2% | 3,259 | |
| Interest & Other Income | ||||||
| Net Interest Income | -455↓25.3% | -363↓17.9% | -308↑0.3% | -309↑13.9% | -359 | |
| Interest Income | 56↑47.4% | 38↓30.9% | 55↑44.7% | 38↑1800.0% | 2 | |
| Interest Expense | 511↑27.4% | 401↑10.5% | 363↑4.6% | 347↓3.9% | 361 | |
| Non-Operating Income | 0.00↑100.0% | -367↓89.2% | -194↓142.5% | 456↓70.8% | 1,559 | |
| Other Income / Expenses | -309↓432.8% | -58↑65.7% | -169↑79.0% | -803↑58.2% | -1,920 | |
| Income Before Tax | 3,466↓6.6% | 3,712↓19.7% | 4,623↓40.5% | 7,775↑168.3% | 2,898 | |
| Income Tax Expense | 785↑1.9% | 770↓8.4% | 841↓51.6% | 1,738↑2573.8% | 65 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,681↓8.9% | 2,942↓22.2% | 3,782↓37.4% | 6,037↑113.1% | 2,833 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,642↓8.6% | 2,891↓22.8% | 3,747↓37.7% | 6,015↑116.1% | 2,783 | |
| Bottom-Line Net Income | 2,642↓8.6% | 2,891↓22.8% | 3,747↓37.1% | 5,958↑114.1% | 2,783 | |
| EPS (Basic) | 4.21↓7.9% | 4.57↓22.0% | 5.86↓36.0% | 9.15↑117.9% | 4.20 | |
| EPS (Diluted) | 4.20↓8.1% | 4.57↓21.7% | 5.84↓36.0% | 9.12↑118.2% | 4.18 | |
| Weighted Average Shares | 628↑0.8% | 623↓2.5% | 639↓1.8% | 651↓1.8% | 663 | |
| Weighted Average Diluted Shares | 629↑1.0% | 623↓3.0% | 642↓1.7% | 653↓1.8% | 665 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.