Imperial Oil Limited (IMO) 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 | 12.45B | 11.28B | 16.2B | 11.21B | 12.47B | 12.7B | 13.21B | 13.35B | 12.25B | 13.2B | 13.87B | 11.76B | 12.06B | 14.4B | 15.07B | 17.29B | 12.66B | 12.29B | 10.21B | 8.01B |
| Revenue Growth % | -0.16% | -11.2% | 22.58% | -16.03% | 1.77% | -3.79% | -4.74% | 13.46% | 1.59% | -8.32% | -7.95% | -31.94% | -4.74% | 17.12% | 47.55% | 115.87% | 81.02% | 104.34% | 72.04% | 118.41% |
| Cost of Goods Sold | 9.94B | 9.36B | 14.4B | 9.25B | 10.03B | 10.24B | 10.91B | 11.2B | 9.96B | 10.61B | 11.07B | 10.24B | 9.76B | 11.42B | 11.93B | 13.48B | 10.49B | 10.38B | 8.36B | 6.9B |
| COGS % of Revenue | 79.82% | 82.96% | 88.92% | 82.54% | 80.49% | 80.65% | 82.57% | 83.92% | 81.32% | 80.37% | 79.78% | 87.04% | 80.97% | 79.31% | 79.19% | 78% | 82.86% | 84.45% | 81.83% | 86.19% |
| Gross Profit | 2.51B | 1.92B | 1.82B | 1.96B | 2.43B | 2.46B | 2.3B | 2.15B | 2.29B | 2.59B | 2.81B | 1.52B | 2.29B | 2.98B | 3.14B | 3.8B | 2.17B | 1.91B | 1.86B | 1.11B |
| Gross Margin % | 20.18% | 17.04% | 11.22% | 17.46% | 19.51% | 19.35% | 17.43% | 16.08% | 18.68% | 19.63% | 20.22% | 12.96% | 19.03% | 20.69% | 20.81% | 22% | 17.14% | 15.55% | 18.17% | 13.81% |
| Gross Profit Growth % | 3.25% | -21.81% | -21.1% | -8.85% | 6.29% | -5.17% | -17.9% | 40.79% | -0.26% | -12.99% | -10.58% | -59.9% | 5.76% | 55.81% | 69.02% | 243.85% | 78.37% | 134.31% | 216.18% | 1315.38% |
| Operating Expenses | 1.28B | 1.3B | 903.79M | 257M | 266M | 373M | 225M | 223M | 248M | 336M | 258M | 227M | 207M | 336M | 214M | 197M | 231M | 340M | 193M | 212M |
| OpEx % of Revenue | 10.28% | 11.5% | 5.58% | 2.29% | 2.13% | 2.94% | 1.7% | 1.67% | 2.02% | 2.55% | 1.86% | 1.93% | 1.72% | 2.33% | 1.42% | 1.14% | 1.83% | 2.77% | 1.89% | 2.65% |
| Selling, General & Admin | 397M | 254M | 902.39M | 257M | 266M | 255M | 225M | 223M | 248M | 252M | 258M | 227M | 207M | 262M | 214M | 197M | 231M | 251M | 193M | 212M |
| SG&A % of Revenue | 3.19% | 2.25% | 5.57% | 2.29% | 2.13% | 2.01% | 1.7% | 1.67% | 2.02% | 1.91% | 1.86% | 1.93% | 1.72% | 1.82% | 1.42% | 1.14% | 1.83% | 2.04% | 1.89% | 2.65% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 118M | 0 | 0 | 0 | 84M | 0 | 0 | 0 | 74M | 0 | 0 | 0 | 89M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 0.93% | - | - | - | 0.64% | - | - | - | 0.51% | - | - | - | 0.72% | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.23B | 625M | 912.15M | 1.7B | 2.17B | 2.08B | 2.08B | 1.92B | 2.04B | 2.26B | 2.55B | 1.3B | 2.09B | 2.64B | 2.92B | 3.61B | 1.94B | 1.57B | 1.66B | 894M |
| Operating Margin % | 9.9% | 5.54% | 5.63% | 15.17% | 17.38% | 16.41% | 15.72% | 14.41% | 16.65% | 17.09% | 18.36% | 11.03% | 17.31% | 18.35% | 19.39% | 20.86% | 15.31% | 12.79% | 16.28% | 11.17% |
| Operating Income Growth % | -43.12% | -70.02% | -56.1% | -11.64% | 6.18% | -7.58% | -18.41% | 48.23% | -2.25% | -14.64% | -12.86% | -64% | 7.69% | 68.13% | 75.77% | 303.36% | 91.12% | 263.89% | 311.63% | 391.21% |
| EBITDA | 1.75B | 1.28B | 2.18B | 2.18B | 2.7B | 2.61B | 2.59B | 2.38B | 2.53B | 2.75B | 3.02B | 1.75B | 2.58B | 3.11B | 3.48B | 4.06B | 2.36B | 2.12B | 2.15B | 1.34B |
| EBITDA Margin % | 14.08% | 11.38% | 13.49% | 19.43% | 21.63% | 20.58% | 19.57% | 17.83% | 20.65% | 20.79% | 21.78% | 14.88% | 21.37% | 21.58% | 23.08% | 23.47% | 18.68% | 17.22% | 21.06% | 16.79% |
| EBITDA Growth % | -35.04% | -50.88% | -15.52% | -8.49% | 6.6% | -4.77% | -14.43% | 35.92% | -1.82% | -11.68% | -13.11% | -56.84% | 9.01% | 46.81% | 61.69% | 201.86% | 56.76% | 130.36% | 164.58% | 1167.92% |
| D&A (Non-Cash Add-back) | 520M | 659M | 1.27B | 478M | 531M | 529M | 508M | 456M | 490M | 489M | 475M | 453M | 490M | 465M | 555M | 451M | 426M | 545M | 488M | 450M |
| EBIT | 1.23B | 629M | 990.26M | 1.22B | 1.64B | 1.67B | 1.57B | 1.47B | 1.55B | 1.85B | 2.07B | 845M | 1.6B | 2.25B | 2.37B | 3.15B | 1.51B | 1.12B | 1.18B | 444M |
| Net Interest Income | 0 | 0 | 96.37M | -2M | 41M | -4M | -11M | -14M | -12M | -18M | -19M | -16M | -16M | -26M | -16M | -11M | -7M | -22M | -5M | -13M |
| Interest Income | 0 | 0 | 107.55M | 0 | 41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 11.17M | 2M | 0 | 4M | 11M | 14M | 12M | 18M | 19M | 16M | 16M | 26M | 16M | 11M | 7M | 22M | 5M | 13M |
| Other Income/Expense | 0 | 4M | 65.55M | -456M | -478M | -510M | -475M | -435M | -468M | -516M | -447M | -414M | -442M | -364M | -418M | -440M | -404M | -461M | -474M | -423M |
| Pretax Income | 1.23B | 629M | 977.71M | 1.24B | 1.69B | 1.57B | 1.6B | 1.49B | 1.57B | 1.74B | 2.1B | 884M | 1.65B | 2.28B | 2.5B | 3.17B | 1.53B | 1.11B | 1.19B | 471M |
| Pretax Margin % | 9.9% | 5.58% | 6.04% | 11.1% | 13.54% | 12.4% | 12.13% | 11.16% | 12.83% | 13.18% | 15.14% | 7.51% | 13.64% | 15.83% | 16.62% | 18.32% | 12.12% | 9.04% | 11.64% | 5.88% |
| Income Tax | 292M | 137M | 225.95M | 295M | 400M | 350M | 366M | 356M | 377M | 375M | 499M | 209M | 397M | 552M | 474M | 757M | 361M | 298M | 281M | 105M |
| Effective Tax Rate % | 23.7% | 21.78% | 23.11% | 23.71% | 23.7% | 22.22% | 22.83% | 23.91% | 23.98% | 21.55% | 23.76% | 23.64% | 24.13% | 24.22% | 18.92% | 23.91% | 23.53% | 26.82% | 23.63% | 22.29% |
| Net Income | 940M | 492M | 752.82M | 949M | 1.29B | 1.23B | 1.24B | 1.13B | 1.2B | 1.36B | 1.6B | 675M | 1.25B | 1.73B | 2.03B | 2.41B | 1.17B | 813M | 908M | 366M |
| Net Margin % | 7.55% | 4.36% | 4.65% | 8.47% | 10.33% | 9.64% | 9.36% | 8.49% | 9.76% | 10.34% | 11.54% | 5.74% | 10.35% | 11.99% | 13.48% | 13.94% | 9.27% | 6.61% | 8.89% | 4.57% |
| Net Income Growth % | -27.02% | -59.84% | -39.14% | -16.24% | 7.78% | -10.26% | -22.74% | 67.85% | -4.25% | -20.96% | -21.17% | -71.98% | 6.39% | 112.42% | 123.68% | 558.2% | 199.23% | 170.94% | 30166.67% | 169.58% |
| Net Income (Continuing) | 940M | 492M | 752.82M | 949M | 1.29B | 1.23B | 1.24B | 1.13B | 1.2B | 1.36B | 1.6B | 675M | 1.25B | 1.73B | 2.03B | 2.41B | 1.17B | 813M | 908M | 366M |
| 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) | 1.94 | 1.00 | 1.49 | 1.86 | 2.52 | 2.37 | 2.33 | 2.11 | 2.23 | 2.47 | 2.76 | 1.15 | 2.13 | 2.86 | 3.24 | 3.63 | 1.75 | 1.18 | 1.29 | 0.50 |
| EPS Growth % | -23.02% | -57.81% | -36.05% | -11.85% | 13% | -4.05% | -15.58% | 83.48% | 4.69% | -13.64% | -14.81% | -68.32% | 21.71% | 142.37% | 151.16% | 626% | 230.19% | 175.64% | - | 169.44% |
| EPS (Basic) | 1.94 | 0.98 | 1.49 | 1.86 | 2.53 | 2.38 | 2.33 | 2.11 | 2.23 | 2.47 | 2.77 | 1.16 | 2.14 | 2.87 | 3.25 | 3.63 | 1.75 | 1.18 | 1.30 | 0.51 |
| Diluted Shares Outstanding | 484.8M | 490.4M | 505.1M | 510.3M | 510.2M | 516.5M | 530.9M | 537M | 536.9M | 553.7M | 579.3M | 585.3M | 585.4M | 603M | 626.9M | 663M | 671.9M | 689.5M | 701.9M | 725.8M |
| Basic Shares Outstanding | 484.54M | 503.8M | 503.8M | 509M | 509M | 514.71M | 530.9M | 535.8M | 535.8M | 552.63M | 578M | 584.2M | 584.2M | 601.74M | 624.92M | 663M | 670.5M | 688.2M | 700M | 724.1M |
| Dividend Payout Ratio | 37.23% | 73.37% | 48.62% | 38.67% | 23.84% | 25.88% | 26.03% | 28.33% | 23.26% | 21.1% | 18.24% | 38.07% | 21.31% | 12.22% | 11.18% | 9.46% | 15.77% | 23.12% | 21.48% | 43.99% |