# Viper Energy (VNOM) — Earnings

VNOM · NASDAQ · Stock

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

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.76 |
| EPS estimate | $0.76 |
| EPS surprise | −0.56% |
| Revenue surprise | +5.21% |
| Revenue | $677.0M |
| Revenue estimate | $643.5M |
| Reported | Aug 3, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/2074176/000207417626000053/vnom-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/6d663022-4323-9f95-4ccc-ff99b28ed022.html) |

Viper Energy reported Q2 2026 results on August 3, 2026. Earnings per share were $0.76, a 0.56% shortfall against an estimate also shown as $0.76. Revenue of $677.0 million beat the $643.5 million consensus by 5.21%. Compared with Q2 2025, EPS rose about 85% from $0.41, and revenue more than doubled from $297.0 million.

Revenue has climbed fast. Quarterly revenue stayed between about $160 million and $297 million from 2022 through Q2 2025, then rose in each quarter since, reaching $677.0 million, the high in the table. Annual revenue rose from $860 million in 2024 to $1.40 billion in 2025. EPS has been uneven. Annual EPS was $1.92 in 2022, $2.77 in 2023 and $3.55 in 2024, then $1.66 in 2025. The 2024 total includes Q4 2024 at $1.93 per share, an unusually large quarter well above any other in the table. Viper beat the EPS estimate in 17 of the last 20 quarters.

Viper reported Q3 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 2026 level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 3, 2026 | $0.76 | $0.76 | -0.56% | $643.5M | $677.0M |
| Q1 2026 | May 4, 2026 | $0.49 | $0.55 | 13.05% | $499.8M | $511.0M |
| Q4 2025 | Feb 23, 2026 | $0.29 | $0.31 | 6.71% | $422.8M | $435.0M |
| Q3 2025 | Nov 3, 2025 | $0.38 | $0.40 | 6.50% | $403.5M | $418.0M |
| Q2 2025 | Aug 4, 2025 | $0.38 | $0.41 | 9.04% | $288.8M | $297.0M |
| Q1 2025 | May 5, 2025 | $0.47 | $0.54 | 14.99% | $246.5M | $245.0M |
| Q4 2024 | Feb 24, 2025 | $0.43 | $1.93 | 354.01% | $222.3M | $228.7M |
| Q3 2024 | Nov 4, 2024 | $0.47 | $0.49 | 5.08% | $210.5M | $209.6M |
| Q2 2024 | Aug 5, 2024 | $0.49 | $0.61 | 25.15% | $216.3M | $216.7M |
| Q1 2024 | Apr 30, 2024 | $0.44 | $0.52 | 17.49% | $200.1M | $205.4M |
| Q4 2023 | Feb 20, 2024 | $0.48 | $0.67 | 39.18% | $204.6M | $204.7M |
| Q3 2023 | Nov 6, 2023 | $0.48 | $1.10 | 127.51% | $199.4M | $293.2M |
| Q2 2023 | Jul 31, 2023 | $0.31 | $0.47 | 52.85% | $158.8M | $160.8M |
| Q1 2023 | May 1, 2023 | $0.33 | $0.53 | 62.28% | $161.4M | $169.0M |
| Q4 2022 | Feb 21, 2023 | $0.29 | $0.28 | -4.11% | $180.5M | $203.6M |
| Q3 2022 | Nov 7, 2022 | $0.39 | $0.98 | 151.73% | $213.8M | $221.6M |
| Q2 2022 | Aug 1, 2022 | $0.38 | $0.43 | 13.58% | $218.7M | $239.3M |
| Q1 2022 | May 2, 2022 | $0.35 | $0.23 | -34.49% | $176.9M | $201.9M |
| Q4 2021 | Feb 22, 2022 | $0.21 | $0.36 | 67.52% | $129.8M | $165.8M |
| Q3 2021 | Nov 1, 2021 | $0.15 | $0.21 | 44.73% | $102.7M | $128.0M |

## Frequently Asked Questions

### When did Viper Energy (VNOM) last report earnings?

Viper Energy last reported on Aug 3, 2026, covering fiscal Q2 2026.

### Did VNOM beat earnings estimates?

No. Viper Energy reported EPS of $0.76 for Q2 2026 against a $0.76 estimate — a 0.56% miss.

### How much revenue did VNOM report last quarter?

Viper Energy reported $677.0M in revenue for Q2 2026, against a consensus estimate of $643.5M.

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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).