Exxon Mobil Corporation (XOM) 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 | 83.16B | 80.04B | 83.33B | 79.48B | 81.06B | 81.06B | 87.79B | 89.99B | 80.41B | 81.69B | 88.57B | 80.8B | 83.64B | 93.16B | 106.51B | 111.27B | 87.73B | 81.31B | 71.89B | 65.94B |
| Revenue Growth % | 2.59% | -1.26% | -5.08% | -11.68% | 0.8% | -0.77% | -0.88% | 11.38% | -3.87% | -12.32% | -16.85% | -27.39% | -4.66% | 14.59% | 48.16% | 68.73% | 52.44% | 77.76% | 58.27% | 104.3% |
| Cost of Goods Sold | 51.8B | 64.92B | 64.65B | 61.53B | 62.57B | 63.81B | 67.4B | 69.79B | 61.5B | 63.98B | 66.19B | 60.7B | 59.68B | 66.19B | 77.16B | 80.75B | 71.51B | 61.93B | 53.45B | 50.75B |
| COGS % of Revenue | 62.29% | 81.11% | 77.58% | 77.42% | 77.2% | 78.72% | 76.77% | 77.56% | 76.49% | 78.33% | 74.73% | 75.13% | 71.35% | 71.05% | 72.44% | 72.57% | 81.51% | 76.17% | 74.35% | 76.96% |
| Gross Profit | 31.36B | 15.12B | 18.68B | 17.95B | 18.48B | 17.25B | 20.39B | 20.2B | 18.91B | 17.7B | 22.38B | 20.09B | 23.96B | 26.97B | 29.36B | 30.52B | 16.22B | 19.37B | 18.44B | 15.19B |
| Gross Margin % | 37.71% | 18.89% | 22.42% | 22.58% | 22.8% | 21.28% | 23.23% | 22.44% | 23.51% | 21.67% | 25.27% | 24.87% | 28.65% | 28.95% | 27.56% | 27.43% | 18.49% | 23.83% | 25.65% | 23.04% |
| Gross Profit Growth % | 69.65% | -12.36% | -8.37% | -11.14% | -2.23% | -2.58% | -8.9% | 0.5% | -21.09% | -34.37% | -23.75% | -34.15% | 47.71% | 39.24% | 59.21% | 100.88% | 36.49% | 216.74% | 96.38% | 137.47% |
| Operating Expenses | 26.07B | 9.11B | 9.51B | 9.04B | 8.64B | 9.47B | 9.35B | 9.3B | 8.97B | 9.24B | 10.54B | 10.14B | 9.75B | 10.09B | 9.13B | 9.68B | 10.14B | 10.98B | 10.37B | 10.27B |
| OpEx % of Revenue | 31.35% | 11.39% | 11.41% | 11.37% | 10.66% | 11.69% | 10.65% | 10.33% | 11.15% | 11.32% | 11.9% | 12.56% | 11.66% | 10.83% | 8.57% | 8.7% | 11.55% | 13.51% | 14.42% | 15.57% |
| Selling, General & Admin | 2.68B | 2.62B | 3.03B | 2.53B | 2.54B | 2.62B | 2.3B | 2.57B | 2.5B | 2.59B | 2.49B | 2.45B | 2.39B | 2.83B | 2.32B | 2.53B | 2.41B | 2.51B | 2.29B | 2.35B |
| SG&A % of Revenue | 3.23% | 3.27% | 3.64% | 3.18% | 3.13% | 3.23% | 2.62% | 2.85% | 3.1% | 3.17% | 2.81% | 3.03% | 2.86% | 3.04% | 2.18% | 2.27% | 2.75% | 3.09% | 3.18% | 3.56% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 879M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 1.08% | - | - | - | - | - | - | - | - | - | - |
| 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 | 5.29B | 6B | 9.18B | 8.91B | 9.85B | 7.77B | 11.04B | 10.9B | 9.94B | 8.46B | 11.84B | 9.95B | 14.21B | 16.88B | 20.23B | 20.83B | 6.09B | 8.39B | 8.07B | 4.92B |
| Operating Margin % | 6.36% | 7.5% | 11.01% | 11.21% | 12.15% | 9.59% | 12.58% | 12.11% | 12.36% | 10.35% | 13.37% | 12.32% | 16.99% | 18.12% | 18.99% | 18.72% | 6.94% | 10.32% | 11.23% | 7.47% |
| Operating Income Growth % | -46.32% | -22.77% | -16.88% | -18.22% | -0.96% | -8.1% | -6.77% | 9.51% | -30.04% | -49.91% | -41.44% | -52.23% | 133.47% | 101.24% | 150.58% | 323.05% | 131.14% | 131.41% | 1456.64% | 456.81% |
| EBITDA | 12.06B | 13.72B | 15.65B | 15.01B | 15.55B | 14.36B | 17.3B | 16.68B | 14.75B | 16.2B | 16.26B | 14.19B | 18.45B | 21.95B | 25.87B | 25.28B | 14.97B | 14.05B | 13.06B | 9.88B |
| EBITDA Margin % | 14.5% | 17.14% | 18.78% | 18.89% | 19.18% | 17.71% | 19.71% | 18.54% | 18.35% | 19.83% | 18.36% | 17.57% | 22.06% | 23.56% | 24.29% | 22.72% | 17.06% | 17.28% | 18.17% | 14.98% |
| EBITDA Growth % | -22.46% | -4.46% | -9.52% | -10.02% | 5.39% | -11.36% | 6.4% | 17.55% | -20.05% | -26.2% | -37.15% | -43.87% | 23.27% | 56.2% | 98.05% | 155.99% | 96.01% | 292.27% | 197.68% | 179.3% |
| D&A (Non-Cash Add-back) | 6.77B | 7.71B | 6.47B | 6.1B | 5.7B | 6.58B | 6.26B | 5.79B | 4.81B | 7.74B | 4.42B | 4.24B | 4.24B | 5.06B | 5.64B | 4.45B | 8.88B | 5.66B | 4.99B | 4.95B |
| EBIT | 3.31B | 8.08B | 11.14B | 10.85B | 11.8B | 10.11B | 13.23B | 13.94B | 12.59B | 10.9B | 13.87B | 11.9B | 16.96B | 19.05B | 25.63B | 25.13B | 8.74B | 11.95B | 9.82B | 6.56B |
| Net Interest Income | -295M | 80M | -207M | -271M | -205M | -297M | -207M | -271M | -221M | -272M | -169M | -249M | -159M | -207M | -209M | -194M | -188M | -221M | -214M | -254M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 295M | -80M | 207M | 271M | 205M | 297M | 207M | 271M | 221M | 272M | 169M | 249M | 159M | 207M | 209M | 194M | 188M | 221M | 214M | 254M |
| Other Income/Expense | 1.68B | 2.03B | 1.75B | 1.79B | 1.75B | 2.04B | 1.98B | 2.77B | 2.43B | 2.17B | 1.85B | 1.71B | 2.59B | 1.96B | 5.2B | 4.1B | 2.47B | 3.34B | 1.53B | 1.38B |
| Pretax Income | 6.97B | 8.03B | 10.93B | 10.71B | 11.6B | 9.81B | 13.03B | 13.66B | 12.37B | 10.63B | 13.7B | 11.66B | 16.8B | 18.84B | 25.42B | 24.93B | 8.56B | 11.73B | 9.61B | 6.31B |
| Pretax Margin % | 8.38% | 10.03% | 13.12% | 13.47% | 14.31% | 12.11% | 14.84% | 15.19% | 15.38% | 13.01% | 15.47% | 14.43% | 20.09% | 20.22% | 23.87% | 22.41% | 9.75% | 14.43% | 13.36% | 9.56% |
| Income Tax | 2.5B | 1.42B | 3.16B | 3.35B | 3.57B | 1.86B | 4.05B | 4.09B | 3.8B | 2.61B | 4.35B | 3.5B | 4.96B | 5.79B | 5.22B | 6.36B | 2.81B | 2.65B | 2.66B | 1.53B |
| Effective Tax Rate % | 35.81% | 17.71% | 28.94% | 31.3% | 30.75% | 18.93% | 31.13% | 29.96% | 30.75% | 24.59% | 31.78% | 30.05% | 29.52% | 30.71% | 20.55% | 25.5% | 32.8% | 22.59% | 27.73% | 24.2% |
| Net Income | 4.18B | 6.5B | 7.55B | 7.08B | 7.71B | 7.61B | 8.61B | 9.24B | 8.22B | 7.63B | 9.07B | 7.88B | 11.43B | 12.75B | 19.66B | 17.85B | 5.48B | 8.87B | 6.75B | 4.69B |
| Net Margin % | 5.03% | 8.12% | 9.06% | 8.91% | 9.52% | 9.39% | 9.81% | 10.27% | 10.22% | 9.34% | 10.24% | 9.75% | 13.67% | 13.69% | 18.46% | 16.04% | 6.25% | 10.91% | 9.39% | 7.11% |
| Net Income Growth % | -45.77% | -14.57% | -12.33% | -23.36% | -6.17% | -0.26% | -5.07% | 17.26% | -28.08% | -40.16% | -53.87% | -55.85% | 108.58% | 43.74% | 191.26% | 280.6% | 100.73% | 144.2% | 1092.65% | 534.26% |
| Net Income (Continuing) | 4.47B | 6.61B | 7.77B | 7.35B | 8.03B | 7.96B | 8.97B | 9.57B | 8.57B | 8.01B | 9.35B | 8.15B | 11.84B | 13.05B | 20.2B | 18.57B | 5.75B | 9.08B | 6.94B | 4.78B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 6.62B | 7.24B | 7.66B | 7.37B | 7.09B | 6.9B | 7.81B | 7.86B | 7.8B | 7.74B | 7.83B | 7.95B | 7.73B | 7.42B | 6.94B | 7.19B | 7.31B | 7.11B | 6.92B | 6.99B |
| EPS (Diluted) | 1.00 | 1.53 | 1.76 | 1.64 | 1.76 | 1.72 | 1.92 | 2.14 | 2.06 | 1.91 | 2.25 | 1.94 | 2.79 | 3.08 | 4.68 | 4.21 | 1.28 | 2.08 | 1.57 | 1.10 |
| EPS Growth % | -43.18% | -11.05% | -8.33% | -23.36% | -14.56% | -9.95% | -14.67% | 10.31% | -26.16% | -37.99% | -51.92% | -53.92% | 117.97% | 48.08% | 198.09% | 282.73% | 100% | 144.26% | 1146.67% | 540% |
| EPS (Basic) | 1.00 | 1.50 | 1.76 | 1.64 | 1.76 | 1.72 | 1.93 | 2.14 | 2.06 | 1.91 | 2.25 | 1.94 | 2.79 | 3.12 | 4.70 | 4.22 | 1.28 | 2.08 | 1.58 | 1.10 |
| Diluted Shares Outstanding | 4.18B | 4.24B | 4.33B | 4.33B | 4.46B | 4.46B | 4.46B | 4.32B | 4B | 4.01B | 4.03B | 4.07B | 4.1B | 4.14B | 4.2B | 4.24B | 4.27B | 4.28B | 4.3B | 4.28B |
| Basic Shares Outstanding | 4.18B | 4.33B | 4.33B | 4.33B | 4.46B | 4.46B | 4.46B | 4.32B | 4B | 3.97B | 4.03B | 4.07B | 4.1B | 4.08B | 4.18B | 4.23B | 4.27B | 4.26B | 4.28B | 4.26B |
| Dividend Payout Ratio | 103.61% | 67.16% | 56.2% | 60.55% | 56.2% | 57.44% | 49.25% | 46.37% | 46.33% | 50.31% | 40.39% | 46.97% | 32.7% | 29.55% | 18.74% | 20.88% | 68.61% | 42.42% | 55.11% | 79.34% |