Devon Energy Gross Margin Growth & History (DVN)
Devon Energy's gross margin was 26.16% for fiscal 2025.
View full Devon Energy company overviewDevon Energy annual gross margin history
2016
2017
2018
2019
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.16% | −3.43 pp |
| 2024 | 2024-12-31 | 29.59% | −5.86 pp |
| 2023 | 2023-12-31 | 35.45% | −6.76 pp |
| 2022 | 2022-12-31 | 42.21% | — |
| 2019 | 2019-12-31 | 57.87% | +9.07 pp |
| 2018 | 2018-12-31 | 48.80% | +50.11 pp |
| 2017 | 2017-12-31 | −1.31% | +0.46 pp |
| 2016 | 2016-12-31 | −1.77% | — |
Devon Energy quarterly gross margin
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 39.04% | +11.52 pp |
| Q1 2026 | 2026-03-31 | 10.25% | — |
| Q4 2025 | 2025-12-31 | 24.92% | — |
| Q3 2025 | 2025-09-30 | 25.97% | — |
| Q2 2025 | 2025-06-30 | 27.52% | — |
| Q1 2020 | 2020-03-31 | 57.72% | +55.76 pp |
| Q4 2019 | 2019-12-31 | 123.29% | +7.59 pp |
| Q3 2019 | 2019-09-30 | 57.75% | +56.03 pp |
| Q2 2019 | 2019-06-30 | 57.20% | +56.60 pp |
| Q1 2019 | 2019-03-31 | 1.96% | +1.28 pp |
| Q4 2018 | 2018-12-31 | 115.69% | — |
| Q3 2018 | 2018-09-30 | 1.72% | — |
| Q2 2018 | 2018-06-30 | 0.61% | — |
| Q1 2018 | 2018-03-31 | 0.68% | — |
Devon Energy gross margin trends
Between the periods ended 2016-12-31 and 2025-12-31, Devon Energy's gross margin increased from −1.77% to 26.16%, a change of +27.93 percentage points. The latest reported quarter, Q2 2026, shows 39.04%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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