Viper Energy Ut (VNOM) financial statements
Viper Energy Ut reported revenue of $1.3B in fiscal 2025, up 37.0% a year over 2 years.
Net income was -$68M and the operating margin -10.4%, against 86.5% in 2023.
The diluted share count rose 92% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Viper Energy Ut's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $717M | $854M | $1.3B |
| Operating income | $620M | $567M | -$140M |
| Pre-tax income | $547M | $504M | -$225M |
| Income tax | $46M | -$100M | -$19M |
| Net income | $200M | $359M | -$68M |
| EPS (diluted) | $2.69 | $3.82 | -$0.48 |
| Diluted shares | 74M | 94M | 143M |
| Operating margin | 86.5% | 66.4% | -10.4% |
| Net margin | 27.9% | 42.0% | -5.1% |
Balance sheet
Fiscal years, from Viper Energy Ut's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $26M | $27M | $13M |
| Total current assets | — | $238M | $413M |
| Property, plant and equipment | — | $4.6B | $12.2B |
| Total assets | — | $5.1B | $12.7B |
| Total current liabilities | — | $49M | $111M |
| Long-term debt | — | $1.1B | $2.2B |
| Total liabilities | — | $1.2B | $2.3B |
| Shareholders' equity | $2.9B | $1.7B | $4.4B |
| Net debt | -$26M | $1.1B | $2.2B |
Cash flow
Fiscal years, from Viper Energy Ut's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $638M | $620M | $1.1B |
| Dividends paid | $129M | $219M | $328M |
| Net borrowing | $511M | -$2M | $1.1B |
| Dividends per share | $1.74 | $2.33 | $2.30 |
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What was Viper Energy Ut's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
From Viper Energy Ut's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.