# Devon Energy (DVN) — Earnings

DVN · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/dvn/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| 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 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1090012/000119312526334340/dvn-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/ad18c3a9-b5da-64d7-4699-52495dbac71e.html) |

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

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 4, 2026 | $1.40 | $1.57 | 12.01% | $6.0B | $7.4B |
| Q1 2026 | May 5, 2026 | $1.06 | $1.04 | -2.26% | $4.3B | $3.8B |
| Q4 2025 | Feb 17, 2026 | $0.80 | $0.82 | 2.02% | $3.9B | $4.1B |
| Q3 2025 | Nov 5, 2025 | $0.93 | $1.04 | 11.79% | $4.1B | $4.3B |
| Q2 2025 | Aug 5, 2025 | $0.86 | $0.84 | -2.82% | $4.0B | $4.3B |
| Q1 2025 | May 6, 2025 | $1.24 | $1.21 | -2.29% | $4.4B | $4.5B |
| Q4 2024 | Feb 18, 2025 | $1.00 | $1.16 | 15.49% | $4.2B | $4.4B |
| Q3 2024 | Nov 5, 2024 | $1.09 | $1.10 | 1.09% | $3.7B | $4.0B |
| Q2 2024 | Aug 6, 2024 | $1.27 | $1.41 | 11.28% | $3.9B | $3.9B |
| Q1 2024 | May 1, 2024 | $1.12 | $1.16 | 3.95% | $3.6B | $3.6B |
| Q4 2023 | Feb 27, 2024 | $1.38 | $1.41 | 2.20% | $3.9B | $4.1B |
| Q3 2023 | Nov 7, 2023 | $1.57 | $1.65 | 5.38% | $4.0B | $3.8B |
| Q2 2023 | Aug 1, 2023 | $1.18 | $1.18 | 0.37% | $3.2B | $3.5B |
| Q1 2023 | May 8, 2023 | $1.38 | $1.46 | 5.43% | $3.3B | $3.8B |
| Q4 2022 | Feb 14, 2023 | $1.75 | $1.66 | -5.31% | $3.8B | $4.3B |
| Q3 2022 | Nov 1, 2022 | $2.12 | $2.18 | 2.84% | $4.2B | $3.7B |
| Q2 2022 | Aug 1, 2022 | $2.31 | $2.59 | 12.13% | $4.2B | $5.6B |
| Q1 2022 | May 2, 2022 | $1.75 | $1.88 | 7.61% | $4.0B | $3.8B |
| Q4 2021 | Feb 15, 2022 | $1.24 | $1.39 | 12.52% | $3.7B | $4.3B |
| Q3 2021 | Nov 2, 2021 | $0.93 | $1.08 | 16.33% | $3.2B | $3.5B |

## 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.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).