EOG Resources, Inc. (EOG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.76B | 5.64B | 5.73B | 5.36B | 5.84B | 5.65B | 5.87B | 6.03B | 5.83B | 6.03B | 6.11B | 5.46B | 5.58B | 6.49B | 7.6B | 8.64B | 6.75B | 5.91B | 5.23B | 4.49B |
| Revenue Growth % | 15.68% | -0.21% | -2.27% | -11.18% | 0.14% | -6.3% | -4.06% | 10.42% | 4.57% | -7.15% | -19.54% | -36.84% | -17.41% | 9.92% | 45.25% | 92.45% | 67.29% | 104.88% | 127.14% | 270.93% |
| Cost of Goods Sold | 1.4B | 1.25B | 2.19B | 1.9B | 1.85B | 132M | 1.87B | 1.8B | 1.88B | 1.49B | 1.67B | 1.61B | 1.55B | 1.39B | 1.41B | 1.39B | 1.31B | 1.38B | 1.34B | 1.31B |
| COGS % of Revenue | 20.69% | 22.22% | 38.15% | 35.56% | 31.74% | 2.34% | 31.85% | 29.81% | 32.28% | 24.64% | 27.37% | 29.49% | 27.82% | 21.4% | 18.53% | 16.04% | 19.38% | 23.39% | 25.65% | 29.21% |
| Gross Profit | 5.36B | 4.39B | 3.54B | 3.45B | 3.99B | 5.52B | 4B | 4.23B | 3.95B | 4.54B | 4.44B | 3.85B | 4.03B | 5.1B | 6.19B | 7.26B | 5.45B | 4.53B | 3.89B | 3.18B |
| Gross Margin % | 79.31% | 77.78% | 61.85% | 64.44% | 68.26% | 97.66% | 68.15% | 70.19% | 67.72% | 75.36% | 72.63% | 70.51% | 72.18% | 78.6% | 81.47% | 83.96% | 80.62% | 76.61% | 74.35% | 70.79% |
| Gross Profit Growth % | 34.4% | -20.52% | -11.31% | -18.45% | 0.94% | 21.43% | -9.98% | 9.92% | -1.89% | -10.97% | -28.27% | -46.96% | -26.06% | 12.77% | 59.17% | 128.24% | 99.56% | 177.16% | 241.74% | 1862.96% |
| Operating Expenses | 2.76B | 1.9B | 1.71B | 1.7B | 2.13B | 3.93B | 1.91B | 2.1B | 1.68B | 2.04B | 1.88B | 1.88B | 1.46B | 2.25B | 2.53B | 4.36B | 4.9B | 2B | 2.42B | 2.01B |
| OpEx % of Revenue | 40.87% | 33.64% | 29.82% | 31.82% | 36.44% | 69.49% | 32.53% | 34.86% | 28.8% | 33.83% | 30.8% | 34.43% | 26.08% | 34.66% | 33.25% | 50.38% | 72.54% | 33.82% | 46.22% | 44.72% |
| Selling, General & Admin | 1.57B | 265.86M | 1.37B | 1.4B | 1.5B | 1.51B | 1.67B | 1.64B | 1.57B | 1.7B | 1.54B | 1.6B | 1.51B | 1.66B | 1.78B | 2.25B | 1.41B | 1.3B | 1.33B | 1.11B |
| SG&A % of Revenue | 23.22% | 4.72% | 23.95% | 26.18% | 25.61% | 26.76% | 28.42% | 27.22% | 26.84% | 28.21% | 25.26% | 29.27% | 26.99% | 25.56% | 23.47% | 26.08% | 20.83% | 21.99% | 25.35% | 24.73% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 2.6B | 2.49B | 1.84B | 1.75B | 1.86B | 1.59B | 2.09B | 2.13B | 2.27B | 2.5B | 2.56B | 1.97B | 2.57B | 2.85B | 3.66B | 2.9B | 546M | 2.53B | 1.47B | 1.17B |
| Operating Margin % | 38.44% | 44.15% | 32.03% | 32.62% | 31.82% | 28.18% | 35.62% | 35.33% | 38.93% | 41.53% | 41.83% | 36.08% | 46.1% | 43.93% | 48.22% | 33.58% | 8.08% | 42.79% | 28.12% | 26.07% |
| Operating Income Growth % | 39.75% | 56.35% | -12.11% | -17.98% | -18.14% | -36.42% | -18.3% | 8.12% | -11.7% | -12.23% | -30.21% | -32.14% | 371.06% | 12.86% | 149.08% | 147.91% | -41.42% | 418.39% | 49133.33% | 207.73% |
| EBITDA | 3.79B | 4B | 3B | 2.8B | 2.87B | 2.61B | 3.12B | 3.11B | 3.35B | 3.43B | 3.46B | 2.84B | 3.37B | 3.73B | 4.57B | 3.81B | 1.39B | 3.44B | 2.4B | 2.08B |
| EBITDA Margin % | 56.1% | 70.87% | 52.42% | 52.29% | 49.16% | 46.21% | 53.2% | 51.65% | 57.34% | 56.95% | 56.52% | 51.94% | 60.41% | 57.45% | 60.15% | 44.12% | 20.62% | 58.19% | 45.84% | 46.42% |
| EBITDA Growth % | 32% | 53.03% | -3.69% | -10.08% | -14.14% | -23.97% | -9.7% | 9.8% | -0.74% | -7.96% | -24.4% | -25.64% | 141.92% | 8.52% | 90.58% | 82.93% | -23.96% | 153.12% | 192.44% | 648.68% |
| D&A (Non-Cash Add-back) | 1.19B | 1.51B | 1.17B | 1.05B | 1.01B | 1.02B | 1.03B | 984M | 1.07B | 930M | 898M | 866M | 798M | 878M | 906M | 911M | 847M | 910M | 927M | 914M |
| EBIT | 2.6B | 938.33M | 1.9B | 1.8B | 1.92B | 1.66B | 2.17B | 2.2B | 2.33B | 2.57B | 2.61B | 2.02B | 2.64B | 2.9B | 3.7B | 2.93B | 545M | 2.54B | 1.48B | 1.17B |
| Net Interest Income | -66M | -51M | -71M | -51M | -47M | -38M | -31M | -36M | -33M | -35M | -36M | -35M | -42M | -42M | -41M | -48M | -48M | -38M | -48M | -45M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 66M | 51M | 71M | 51M | 47M | 38M | 31M | 36M | 33M | 35M | 36M | 35M | 42M | 42M | 41M | 48M | 48M | 38M | 48M | 45M |
| Other Income/Expense | -43M | -1.6B | -12M | 4M | 18M | 32M | 45M | 30M | 29M | 31M | 16M | 16M | 23M | 6M | -1M | -21M | -49M | -29M | -42M | -47M |
| Pretax Income | 2.56B | 887.33M | 1.82B | 1.75B | 1.88B | 1.62B | 2.13B | 2.16B | 2.3B | 2.54B | 2.57B | 1.99B | 2.6B | 2.86B | 3.66B | 2.88B | 497M | 2.5B | 1.43B | 1.12B |
| Pretax Margin % | 37.81% | 15.74% | 31.82% | 32.7% | 32.13% | 28.74% | 36.39% | 35.83% | 39.42% | 42.04% | 42.09% | 36.37% | 46.51% | 44.03% | 48.21% | 33.34% | 7.36% | 42.3% | 27.32% | 25.02% |
| Income Tax | 575M | 186.33M | 353M | 406M | 414M | 373M | 461M | 470M | 511M | 547M | 543M | 433M | 572M | 582M | 809M | 644M | 107M | 514M | 334M | 217M |
| Effective Tax Rate % | 22.5% | 21% | 19.35% | 23.19% | 22.06% | 22.97% | 21.6% | 21.76% | 22.22% | 21.58% | 21.1% | 21.8% | 22.04% | 20.36% | 22.09% | 22.35% | 21.53% | 20.57% | 23.37% | 19.31% |
| Net Income | 1.98B | 701M | 1.47B | 1.34B | 1.46B | 1.25B | 1.67B | 1.69B | 1.79B | 1.99B | 2.03B | 1.55B | 2.02B | 2.28B | 2.85B | 2.24B | 390M | 1.99B | 1.09B | 907M |
| Net Margin % | 29.3% | 12.43% | 25.66% | 25.12% | 25.04% | 22.14% | 28.53% | 28.03% | 30.67% | 32.97% | 33.21% | 28.44% | 36.26% | 35.06% | 37.56% | 25.89% | 5.77% | 33.6% | 20.93% | 20.19% |
| Net Income Growth % | 35.34% | -43.96% | -12.07% | -20.41% | -18.22% | -37.07% | -17.59% | 8.82% | -11.57% | -12.69% | -28.87% | -30.61% | 418.72% | 14.71% | 160.64% | 146.75% | -42.39% | 488.21% | 2707.14% | 199.67% |
| Net Income (Continuing) | 1.98B | 701M | 1.47B | 1.34B | 1.46B | 1.25B | 1.67B | 1.69B | 1.79B | 1.99B | 2.03B | 1.55B | 2.02B | 2.28B | 2.85B | 2.24B | 390M | 1.99B | 1.09B | 907M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.70 | 1.30 | 2.70 | 2.46 | 2.65 | 2.23 | 2.95 | 2.95 | 3.10 | 3.42 | 3.48 | 2.66 | 3.45 | 3.87 | 4.86 | 3.81 | 0.67 | 3.39 | 1.88 | 1.55 |
| EPS Growth % | 39.62% | -41.7% | -8.47% | -16.61% | -14.52% | -34.8% | -15.23% | 10.9% | -10.14% | -11.63% | -28.4% | -30.18% | 414.93% | 14.16% | 158.51% | 145.81% | -42.24% | 484.48% | 2664.8% | 198.73% |
| EPS (Basic) | 3.72 | 1.30 | 2.72 | 2.48 | 2.66 | 2.25 | 2.97 | 2.97 | 3.11 | 3.43 | 3.51 | 2.68 | 3.46 | 3.90 | 4.90 | 3.84 | 0.67 | 3.42 | 1.88 | 1.56 |
| Diluted Shares Outstanding | 535M | 539.23M | 544M | 546M | 553M | 561M | 568M | 572M | 577M | 581M | 583M | 584M | 587M | 588M | 587M | 588M | 586M | 585M | 584M | 584M |
| Basic Shares Outstanding | 532M | 539.23M | 541M | 543M | 550M | 557M | 564M | 569M | 575M | 579M | 579M | 580M | 584M | 584M | 583M | 583M | 582M | 581M | 581M | 580M |
| Dividend Payout Ratio | 27.47% | 78.46% | 37.05% | 39.26% | 36.77% | 40.69% | 31.86% | 30.77% | 29.35% | 67.66% | 24.34% | 30.91% | 52.74% | 58.28% | 45.97% | 66.4% | 262.31% | 70.83% | 74.89% | 26.35% |