Income Tax Expense
The latest quarterly tax expense is $46.00 Million with a quarter-over-quarter change of -75.14%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
Tax Expense
DVN Tax Expense
$46.00M
Reported quarterly tax expense; no daily interpolation.
+6.98% 5Y
Current Tax Expense
$46.00M
$46.00 Million
Quarter-over-Quarter Change
-75.14%
vs. $185.00M prior quarter
Historical Data
96
Quarters of data available
Quarterly Tax Expense History
| Period | Tax Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $46.00M | $-139.00M | -75.14% |
| Q4 2025 | $185.00M | $-34.00M | -15.53% |
| Q3 2025 | $219.00M | $-25.00M | -10.25% |
| Q2 2025 | $244.00M | +$107.00M | +78.10% |
| Q1 2025 | $137.00M | $-50.00M | -26.74% |
| Q4 2024 | $187.00M | $-52.00M | -21.76% |
| Q3 2024 | $239.00M | +$54.00M | +29.19% |
| Q2 2024 | $185.00M | +$26.00M | +16.35% |
| Q1 2024 | $159.00M | $-110.00M | -40.89% |
| Q4 2023 | $269.00M | +$117.00M | +76.97% |
| Q3 2023 | $152.00M | $-47.00M | -23.62% |
| Q2 2023 | $199.00M | $-22.00M | -9.95% |
| Q1 2023 | $221.00M | $-128.00M | -36.68% |
| Q4 2022 | $349.00M | $-216.00M | -38.23% |
| Q3 2022 | $565.00M | +$8.00M | +1.44% |
| Q2 2022 | $557.00M | +$290.00M | +108.61% |
| Q1 2022 | $267.00M | +$117.00M | +78.00% |
| Q4 2021 | $150.00M | +$30.00M | +25.00% |
| Q3 2021 | $120.00M | +$77.00M | +179.07% |
| Q2 2021 | $43.00M | +$291.00M | +117.34% |
| Q1 2021 | $-248.00M | $-211.00M | -570.27% |
| Q4 2020 | $-37.00M | +$53.00M | +58.89% |
| Q3 2020 | $-90.00M | $-87.00M | -2900.00% |
| Q2 2020 | $-3.00M | +$414.00M | +99.28% |
| Q1 2020 | $-417.00M | $-371.00M | -806.52% |
| Q4 2019 | $-46.00M | $-100.00M | -185.19% |
| Q3 2019 | $54.00M | $-14.00M | -20.59% |
| Q2 2019 | $68.00M | +$187.00M | +157.14% |
| Q1 2019 | $-119.00M | $-454.00M | -135.52% |
| Q4 2018 | $335.00M | +$506.00M | +295.91% |
| Q3 2018 | $-171.00M | $-184.00M | -1415.38% |
| Q2 2018 | $13.00M | +$47.00M | +138.24% |
| Q1 2018 | $-34.00M | +$199.00M | +85.41% |
| Q4 2017 | $-233.00M | $-246.00M | -1892.31% |
| Q3 2017 | $13.00M | +$18.00M | +360.00% |
| Q2 2017 | $-5.00M | $-13.00M | -162.50% |
| Q1 2017 | $8.00M | $-47.00M | -85.45% |
| Q4 2016 | $55.00M | $-116.00M | -67.84% |
| Q3 2016 | $171.00M | +$353.00M | +193.96% |
| Q2 2016 | $-182.00M | +$35.00M | +16.13% |
| Q1 2016 | $-217.00M | +$413.00M | +65.56% |
| Q4 2015 | $-630.00M | +$1.08B | +63.24% |
| Q3 2015 | $-1.71B | $-28.00M | -1.66% |
| Q2 2015 | $-1.69B | +$349.00M | +17.15% |
| Q1 2015 | $-2.04B | $-2.71B | -403.73% |
| Q4 2014 | $670.00M | +$57.00M | +9.30% |
| Q3 2014 | $613.00M | $-241.00M | -28.22% |
| Q2 2014 | $854.00M | +$623.00M | +269.70% |
| Q1 2014 | $231.00M | $-37.00M | -13.81% |
| Q4 2013 | $268.00M | +$58.00M | +27.62% |
| Q3 2013 | $210.00M | $-104.00M | -33.12% |
| Q2 2013 | $314.00M | +$937.00M | +150.40% |
| Q1 2013 | $-623.00M | $-479.00M | -332.64% |
| Q4 2012 | $-144.00M | +$298.00M | +67.42% |
| Q3 2012 | $-442.00M | $-699.00M | -271.98% |
| Q2 2012 | $257.00M | +$60.00M | +30.46% |
| Q1 2012 | $197.00M | $-76.00M | -27.84% |
| Q4 2011 | $273.00M | $-225.00M | -45.18% |
| Q3 2011 | $498.00M | $-696.00M | -58.29% |
| Q2 2011 | $1.19B | +$1.00B | +525.13% |
| Q1 2011 | $191.00M | +$1.00M | +0.53% |
| Q4 2010 | $190.00M | $-80.00M | -29.63% |
| Q3 2010 | $270.00M | +$9.00M | +3.45% |
| Q2 2010 | $261.00M | $-253.00M | -49.22% |
| Q1 2010 | $514.00M | +$239.00M | +86.91% |
| Q4 2009 | $275.00M | +$186.00M | +208.99% |
| Q3 2009 | $89.00M | $-20.00M | -18.35% |
| Q2 2009 | $109.00M | +$2.39B | +104.78% |
| Q1 2009 | $-2.28B | +$808.00M | +26.17% |
| Q4 2008 | $-3.09B | $-4.31B | -351.88% |
| Q3 2008 | $1.23B | +$559.00M | +83.81% |
| Q2 2008 | $667.00M | +$426.00M | +176.76% |
| Q1 2008 | $241.00M | +$74.00M | +44.31% |
| Q4 2007 | $167.00M | $-150.00M | -47.32% |
| Q3 2007 | $317.00M | $-13.00M | -3.94% |
| Q2 2007 | $330.00M | +$66.00M | +25.00% |
| Q1 2007 | $264.00M | +$4.00M | +1.54% |
| Q4 2006 | $260.00M | +$2.00M | +0.78% |
| Q3 2006 | $258.00M | +$156.00M | +152.94% |
| Q2 2006 | $102.00M | $-262.00M | -71.98% |
| Q1 2006 | $364.00M | $-156.00M | -30.00% |
| Q4 2005 | $520.00M | +$125.00M | +31.65% |
| Q3 2005 | $395.00M | +$38.00M | +10.64% |
| Q2 2005 | $357.00M | +$7.00M | +2.00% |
| Q1 2005 | $350.00M | +$95.00M | +37.25% |
| Q4 2004 | $255.00M | $-45.00M | -15.00% |
| Q3 2004 | $300.00M | +$30.00M | +11.11% |
| Q2 2004 | $270.00M | $-12.00M | -4.26% |
| Q1 2004 | $282.00M | +$407.00M | +325.60% |
| Q4 2003 | $-125.00M | $-331.00M | -160.68% |
| Q3 2003 | $206.00M | $-27.00M | -11.59% |
| Q2 2003 | $233.00M | +$33.00M | +16.50% |
| Q1 2003 | $200.00M | +$222.00M | +1009.09% |
| Q4 2002 | $-22.00M | $-60.00M | -157.89% |
| Q3 2002 | $38.00M | +$266.00M | +116.67% |
| Q2 2002 | $-228.00M | — | — |
Data as of Monday, June 29, 2026
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar