# Viper Energy, Inc. (VNOM) · Edgar & Edgarette company card

> Viper Energy (VNOM) grew revenue 62.0% in FY2025 to $1.4 billion, operating margin -10.0% against a 16.8% median for crude petroleum & natural gas, equity 35.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2074176 · fiscal year ended 2025-12-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/VNOM) · [JSON](https://www.pops4.com/boards/company/VNOM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.4B |
| Revenue growth, 1 year | 62.0% |
| Revenue growth per year | 29.8% |
| Operating margin | -10.0% (prior year 65.9%) |
| Net margin | -14.8% |
| Operating cash flow | $1.1B |
| Capital spending | — |
| Free cash flow | — |
| Cash | $13M |
| Long-term debt | $2.2B |
| Total assets | $12.7B |
| Total equity | $4.4B |
| Equity ÷ assets | 35.1% |
| Return on equity | -4.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 2.03 (grey zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -10.0% in FY2025
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $1.4B (FY2025), total debt $2.2B. Experience: revenue up 62.0% on the year, up 29.8% a year over 2 years; operating margin -10.0%, down from 65.9%. Soundness: equity 35.1% of assets, return on equity -4.6%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $1.6B and $2.4B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin -10.0% against a 16.8% median; growth 62.0% against 7.8%.

Range logged 2026-09-20, receipt bec55bc904ee1a9e, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-09-16 ([filing](https://www.sec.gov/Archives/edgar/data/2074176/000110465926108245/0001104659-26-108245-index.htm))

## Recent filings

- 8-K · filed 2026-11-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000207417626000062/0002074176-26-000062-index.htm)
- 8-K · filed 2026-09-16 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000110465926108245/0001104659-26-108245-index.htm)
- 8-K · filed 2026-09-08 · 3.02 Unregistered Sales of Equity Securities · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000110465926105890/0001104659-26-105890-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000207417626000053/0002074176-26-000053-index.htm)
- 8-K · filed 2026-08-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000207417626000050/0002074176-26-000050-index.htm)
- 8-K · filed 2026-07-02 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2074176/000110465926080406/0001104659-26-080406-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002074176.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2074176

## Cite

POPS4, Edgar & Edgarette: Viper Energy, Inc. (VNOM) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/VNOM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.