VNOM financial statements
The full income statement, balance sheet, and cash-flow statement for Viper Energy Inc. (VNOM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.35B+57.6% | 854M+19.1% | 717M-14.4% | 838M+67.1% | 502M+103.1% | |
| 1.53B+422.1% | 294M+41.3% | 208M+11.8% | 186M+29.7% | 143M-27.5% | ||
| Selling, general & administrative | — | — | 10.6M+24.1% | 8.54M+9.5% | 7.80M-4.5% | |
| General & administrative | — | — | 10.6M+24.1% | 8.54M+9.5% | 7.80M-4.5% | |
| Operating income | -140M-124.7% | 567M-8.5% | 620M-8.9% | 680M+88.2% | 362M+583.3% | |
| Interest expense | — | — | 48.9M+21.0% | 40.4M+18.7% | 34.0M | |
| Other non-operating income | -85.0M | 0.00 | 0.00-100.0% | 1.00K-98.7% | 79.0K-93.9% | |
| Pre-tax income | -225M-144.6% | 504M-7.9% | 547M-12.1% | 622M+141.0% | 258M+606.8% | |
| Income tax | -19.0M+81.0% | -100M-317.4% | 46.0M+240.9% | -32.7M-2246.8% | 1.52M-98.9% | |
| -68.0M-118.9% | 359M+79.5% | 200M+31.9% | 152M+161.8% | 57.9M+130.1% | ||
| Net income to non-controlling interest | -138M-156.3% | 245M-18.6% | 301M-40.2% | 503M+153.3% | 199M+18020.5% | |
| Net income to common | -69.0M-119.2% | 359M+79.5% | 200M+32.2% | 151M+162.0% | 57.7M+130.0% | |
| -$0.48-112.6% | $3.82+42.0% | $2.69+34.5% | $2.00+135.3% | $0.85 | ||
| EPS (basic) | -$0.48-112.6% | $3.82+42.0% | $2.69+34.5% | $2.00+135.3% | $0.85 | |
| Weighted-avg shares (basic) | 143M+51.7% | 93.9M+26.6% | 74.2M-1.9% | 75.6M+10.7% | 68.3M | |
| Weighted-avg shares (diluted) | 143M+51.7% | 93.9M+26.6% | 74.2M-2.0% | 75.7M+10.7% | 68.4M | |
| Dividends per share | $2.30-1.3% | $2.33+34.1% | $1.74-30.9% | $2.52+155.0% | $0.99+41.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 413M+73.5% | 238M+65.8% | 144M+21.0% | 119M+6.7% | 111M+105.9% | ||
| Cash & equivalents | 13.0M-51.9% | 27.0M+4.4% | 25.9M+42.3% | 18.2M-53.9% | 39.4M+106.3% | |
| Accounts receivable | — | — | — | 81.7M+19.1% | 68.6M+112.9% | |
| Prepaid expenses | 50.0M+61.3% | 31.0M+594.0% | 4.47M+81.0% | 2.47M | — | |
| Other current assets | 9.00M+350.0% | 2.00M | — | 3.20M+223.2% | 989K+48.7% | |
| 12.7B+150.0% | 5.07B+27.6% | 3.97B+36.1% | 2.92B-3.7% | 3.03B+23.3% | ||
| Property, plant & equipment | 12.2B+163.2% | 4.64B+23.1% | 3.77B+37.0% | 2.75B-5.8% | 2.92B+21.4% | |
| Deferred tax assets | 33.0M-82.2% | 185M+226.5% | 56.7M+14.1% | 49.7M | 0.00 | |
| Other non-current assets | 16.0M+100.0% | 8.00M+45.2% | 5.51M+298.6% | 1.38M-49.9% | 2.76M+18.5% | |
| 111M+126.5% | 49.0M+47.3% | 33.3M+51.5% | 21.9M-10.3% | 24.5M-45.5% | ||
| Accounts payable | — | 2.00M | — | 1.13M+1536.2% | 69.0K+60.5% | |
| Accrued liabilities | 107M+148.8% | 43.0M+59.1% | 27.0M+37.9% | 19.6M-4.4% | 20.5M+12.3% | |
| Short-term & current debt | — | 0.00 | — | — | — | |
| Other current liabilities | 4.00M-33.3% | 6.00M | — | — | — | |
| 2.31B+98.6% | 1.16B+4.1% | 1.12B+86.4% | 599M-25.3% | 801M+33.4% | ||
| Long-term debt | 2.19B+101.8% | 1.08B-0.0% | 1.08B+87.7% | 577M-25.7% | 777M+39.8% | |
| Deferred tax liabilities | — | 0.00 | — | — | — | |
| Other non-current liabilities | 11.0M-63.3% | 30.0M | 0.00 | — | — | |
| 4.45B+163.7% | 1.69B+66.3% | 1.01B+46.9% | 691M | — | ||
| Additional paid-in capital | 4.73B+201.2% | 1.57B+52.2% | 1.03B | 0.00 | — | |
| Retained earnings | -278M-335.6% | 118M+803.0% | -16.8M | 0.00 | — | |
| Non-controlling interest | 5.92B+166.4% | 2.22B+20.4% | 1.84B+13.0% | 1.63B | — | |
| Total equity incl. non-controlling | 10.4B+165.2% | 3.91B+36.8% | 2.86B+23.0% | 2.32B | — | |
| Total liabilities & equity | 12.7B+150.0% | 5.07B+27.6% | 3.97B+36.1% | 2.92B-3.7% | 3.03B+23.3% | |
| Common shares outstanding | — | — | — | 0.00 | — | |
| Shares outstanding (cover) | — | — | — | 72.7M-5.6% | 77.0M+17.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.05B+69.8% | 620M-2.8% | 638M-8.8% | 700M+127.9% | 307M+56.2% | ||
| Deferred income taxes | -83.0M+44.3% | -149M-2028.6% | -7.00M+85.9% | -49.7M | 0.00-100.0% | |
| Change in receivables | 25.0M+92.3% | 13.0M-51.9% | 27.0M+106.3% | 13.1M-64.0% | 36.4M+240.5% | |
| Other operating activities | 13.0M+116.7% | 6.00M+100.0% | 3.00M-40.8% | 5.07M+7.6% | 4.71M+31.2% | |
| -2.42B-298.7% | -608M+33.0% | -908M-2008.7% | 47.6M+116.9% | -281M-1626.8% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | — | — | — | 112M | 0.00-100.0% | |
| Other investing activities | — | — | — | 1.20M | 0.00+100.0% | |
| 1.36B+12436.4% | -11.0M-104.0% | 278M+136.2% | -769M-13598.7% | -5.61M+96.6% | ||
| Long-term debt issued | 3.25B | 0.00-100.0% | 400M | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 1.23B+158.8% | 476M | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 95.2M-36.8% | 151M+227.4% | 46.0M+91.5% | |
| Dividends paid | 328M+49.8% | 219M+69.8% | 129M-29.4% | 183M+140.8% | 75.9M+66.3% | |
| Other financing activities | -23.0M-475.0% | -4.00M+69.2% | -13.0M-9054.9% | -142K+95.2% | -2.98M-419.1% | |
| Net change in cash | -14.0M-1500.0% | 1.00M-87.5% | 8.00M+137.6% | -21.3M-204.6% | 20.3M+31.0% | |
| Interest paid | 70.0M-5.4% | 74.0M+85.0% | 40.0M+8.5% | 36.9M+19.8% | 30.8M-7.1% | |
| Income taxes paid | — | 56.1M+9.3% | 51.3M+202.2% | 17.0M+1518.1% | 1.05M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.51B+29.1% | 5.04B+126.6% | 2.23B | — | 1.46B+92.1% | |
| P/E | — | 14.0×+4.0% | 13.5×-63.9% | 37.4×+48.7% | 25.2× | |
| P/S | 4.8×-18.1% | 5.9×+86.0% | 3.2× | — | 2.9×-5.4% | |
| P/B | 1.5×-51.0% | 3.0×-7.2% | 3.2× | — | 0.9×+92.1% | |
| P/FCF | 33.1×+29.1% | 25.7×+126.6% | 11.3× | — | 7.4×+92.1% | |
| Earnings yield | — | 7.1%-3.9% | 7.4%+177.0% | 2.7%-32.7% | 4.0% | |
| FCF yield | 3.0%-22.5% | 3.9%-55.9% | 8.8% | — | 13.5%-47.9% | |
| Dividend yield | 6.0%+25.4% | 4.8%-14.3% | 5.5%-30.0% | 7.9%+70.9% | 4.6%-23.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
One company, more than one SEC registrant: these statements were filed by Viper Energy, Inc. until Aug 19, 2025 and by a successor registrant of the same name since.
About this data
Source: VNOM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VNOM filings on SEC EDGAR → Not investment advice.