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Viper Energy revenue VNOM

Sales by quarter and over the last twelve months, from 2015.

Last 12 months, to Jun 30, 2026
$2B
Latest quarter, Q2 FY26
$677M
+128% on a year earlier
Fiscal year 2025
$1.4B
+62% on the year before

Viper Energy's revenue was $2B over the twelve months to Jun 30, 2026, up 108% on a year earlier.

In its latest quarter, Q2 FY26, it was $677M, up 128% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 41% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$1.4B+62%
FY2024$861.7M+4%
FY2023$827.7M−4%
FY2022$866.5M+72%
FY2021$504.9M+101%
FY2020$250.6M−16%
FY2019$298.3M+3%
FY2018$288.8M+68%
FY2017$172M+117%
FY2016$79.1M+6%
FY2015$74.9Mn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$677M+128%$2B
Q1 FY26$511M+109%$1.7B
Q4 FY25$435M+90%$1.4B
Q3 FY25$418M+98%$1.2B
Q2 FY25$297M+38%$982.3M
Q1 FY25$245M+19%$901.3M
Q4 FY24$229.3M+12%$861.7M
Q3 FY24$211M−28%$837.1M
Q2 FY24$216M+34%$919.3M
Q1 FY24$205.4M+22%$864.1M
Q4 FY23$204.7M+1%$827.7M
Q3 FY23$293.2M+32%$826.6M

Against its peers

Companies in Oil & Gas Exploration & Production nearest Viper Energy's size, closest first, today.

CompanyRevenue, 12 monthsGrowth
VNOMViper Energy$2B+108% a year
APAAPA$8.8B−12% a year
OVVOvintiv$9.8B+6% a year
PRPermian Resources$5.7B+13% a year
EXEExpand Energy$13.6B+59% a year
ARANTERO RESOURCES$6.1B+26% a year
TPLTexas Pacific Land$897.5M+21% a year
RRCRange Resources$3.4B+23% a year
SMSM Energy$5.5B+75% a year
CHRDChord Energy$6.3B+19% a year
EQTEQT$9.5B+32% a year
Peer median$6.2B

Where Viper Energy ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Viper Energy

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.