Devon Energy (DVN) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $1.57
- EPS estimate
- $1.40
- EPS surprise
- +12.01%
- Revenue surprise
- +23.40%
- Revenue
- $7.4B
- Revenue estimate
- $6.0B
- Reported
- Aug 4, 2026
Devon Energy reported Q2 2026 results on August 4, 2026. Earnings per share were $1.57, ahead of the $1.40 estimate by 12.01%. Revenue was $7.4 billion, well above the $6.0 billion consensus. Compared with Q2 2025, EPS rose about 87% from $0.84, and revenue rose about 72% from $4.3 billion.
The quarter stands out against a longer decline. Annual EPS fell from $8.31 in 2022 to $5.70 in 2023, $4.83 in 2024 and $3.91 in 2025, a drop of about 53% over three years. Q4 2025 was the weakest quarter in the table, at $0.82 per share. Q2 2026 revenue was the highest in the table, above the $5.6 billion from Q2 2022. EPS was the highest since Q3 2023, when it was $1.65. Over the last 20 quarters, Devon beat EPS estimates 16 times. The largest beat was Q3 2021, at 16.33%. The four misses were all within about 5.3%.
Devon reported its third quarter between November 1 and November 7 in each of the past five years. That points to early November 2026 for the next report. It will show whether revenue holds near the Q2 level.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 4, 2026 | $1.40 | $1.57 | +12.01% | $7.4B | SEC |
| Q1 2026 | May 5, 2026 | $1.06 | $1.04 | −2.26% | $3.8B | SEC |
| Q4 2025 | Feb 17, 2026 | $0.80 | $0.82 | +2.02% | $4.1B | SEC |
| Q3 2025 | Nov 5, 2025 | $0.93 | $1.04 | +11.79% | $4.3B | SEC |
| Q2 2025 | Aug 5, 2025 | $0.86 | $0.84 | −2.82% | $4.3B | SEC |
| Q1 2025 | May 6, 2025 | $1.24 | $1.21 | −2.29% | $4.5B | SEC |
| Q4 2024 | Feb 18, 2025 | $1.00 | $1.16 | +15.49% | $4.4B | SEC |
| Q3 2024 | Nov 5, 2024 | $1.09 | $1.10 | +1.09% | $4.0B | SEC |
| Q2 2024 | Aug 6, 2024 | $1.27 | $1.41 | +11.28% | $3.9B | SEC |
| Q1 2024 | May 1, 2024 | $1.12 | $1.16 | +3.95% | $3.6B | SEC |
| Q4 2023 | Feb 27, 2024 | $1.38 | $1.41 | +2.20% | $4.1B | SEC |
| Q3 2023 | Nov 7, 2023 | $1.57 | $1.65 | +5.38% | $3.8B | SEC |
| Q2 2023 | Aug 1, 2023 | $1.18 | $1.18 | +0.37% | $3.5B | SEC |
| Q1 2023 | May 8, 2023 | $1.38 | $1.46 | +5.43% | $3.8B | SEC |
| Q4 2022 | Feb 14, 2023 | $1.75 | $1.66 | −5.31% | $4.3B | SEC |
| Q3 2022 | Nov 1, 2022 | $2.12 | $2.18 | +2.84% | $3.7B | SEC |
| Q2 2022 | Aug 1, 2022 | $2.31 | $2.59 | +12.13% | $5.6B | SEC |
| Q1 2022 | May 2, 2022 | $1.75 | $1.88 | +7.61% | $3.8B | SEC |
| Q4 2021 | Feb 15, 2022 | $1.24 | $1.39 | +12.52% | $4.3B | SEC |
| Q3 2021 | Nov 2, 2021 | $0.93 | $1.08 | +16.33% | $3.5B | SEC |
Quarterly revenue
Frequently asked questions
When did Devon Energy (DVN) last report earnings?
Devon Energy last reported on Aug 4, 2026, covering fiscal Q2 2026.
Did DVN beat earnings estimates?
Yes. Devon Energy reported EPS of $1.57 for Q2 2026 against a $1.40 estimate — a 12.01% beat.
How much revenue did DVN report last quarter?
Devon Energy reported $7.4B in revenue for Q2 2026, against a consensus estimate of $6.0B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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