Jun 2026 (Q2 FY26) — Jul 31, 2026
ExxonMobil Q2 FY26 — Strong Financials Amidst Geopolitical Headwinds
Read the full callExxon Mobil (XOM) earnings
- Mar 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Exxon Mobil earnings: last reported Fri, 31 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 85,138 | +2.4% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Mar 2026 | Not in the filed figures for the quarter to mar 2026. No older figure is substituted. | ||
| Net profit | 4,183 | −45.8% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
13 of 14 judged targets kept · 40 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Cumulative structural cost savings versus 2019 by 2030 | $18 billion | Dec 2024 | we're at $16.3 billion cumulative year-to-date, we plan to get to $20 billion by 2030 | Revised Up |
| Guyana fifth FPSO start-up | First oil late in 2026 | Mar 2026 | our fifth SPSO, set sale toward Guyana in June and remains on track for start-up by the end of the year, the next major step in Guyana's continued development | On Track |
| Golden Pass LNG Train 1 first LNG | First LNG in the back end of 2025, potentially slipping over into the new year | Sep 2024 | Train 1 of the facility achieved first LNG in March and will deliver an increase of about 5% relative to 2025 U.S. exports. | Achieved* |
1 of EXXON MOBIL CORP's 54 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 51 more targets are in the full ledger.
Claimed
- Delivered industry-leading earnings of $14.5 billion in Q2 FY26.
- Generated cash flow from operations of $23.6 billion and free cash flow of over $17 billion.
- Achieved highest non-Middle East upstream production volumes in over 2 decades and a Permian production record of over 1.8 million oil equivalent barrels per day.
- Chemical product margins increased by approximately 180% versus Q1, and Specialty Products delivered record quarterly and first-half adjusted earnings.
- Reduced net debt by over $7 billion and returned more than $9 billion to shareholders through dividends and share repurchases.
Qualified
- Experienced a temporary loss of approximately 10% of upstream production due to the Middle East conflict.
- Noted tight logistics, constrained supply chains, and customer shortages of critical products.
- Expressed concern over potential windfall taxes in Europe on the downstream sector, citing past investment cancellations.
Price
$178.29 −0.39% · −$0.69
Performance +58.8% 1Y
1Y: $112.24 on 17 Oct 2025 → $178.29. High $178.98 (16 Oct 2026), low $112.24 (17 Oct 2025).
- Previous close
- $178.98
- 52-week range
- $112.7 – $178.98
- One year
- +58.20%
Overview
- Symbol
- XOM
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
13 of 14 judged targets kept · 40 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Cumulative structural cost savings versus 2019 by 2030 | $18 billion | Dec 2024 | we're at $16.3 billion cumulative year-to-date, we plan to get to $20 billion by 2030 | Revised Up |
| Guyana fifth FPSO start-up | First oil late in 2026 | Mar 2026 | our fifth SPSO, set sale toward Guyana in June and remains on track for start-up by the end of the year, the next major step in Guyana's continued development | On Track |
| Golden Pass LNG Train 1 first LNG | First LNG in the back end of 2025, potentially slipping over into the new year | Sep 2024 | Train 1 of the facility achieved first LNG in March and will deliver an increase of about 5% relative to 2025 U.S. exports. | Achieved* |
Claimed
- Delivered industry-leading earnings of $14.5 billion in Q2 FY26.
- Generated cash flow from operations of $23.6 billion and free cash flow of over $17 billion.
- Achieved highest non-Middle East upstream production volumes in over 2 decades and a Permian production record of over 1.8 million oil equivalent barrels per day.
- Chemical product margins increased by approximately 180% versus Q1, and Specialty Products delivered record quarterly and first-half adjusted earnings.
- Reduced net debt by over $7 billion and returned more than $9 billion to shareholders through dividends and share repurchases.
Qualified
- Experienced a temporary loss of approximately 10% of upstream production due to the Middle East conflict.
- Noted tight logistics, constrained supply chains, and customer shortages of critical products.
- Expressed concern over potential windfall taxes in Europe on the downstream sector, citing past investment cancellations.
The full ledger
Open EXXON MOBIL CORP’s full ledger
A free account opens 5 company ledgers a month. All 54 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 1, 2026
Exxon Mobil Q1 FY26 — Scale, integration and trading flexibility on display through historic Middle East supply disruption
Read the full callDec 2025 (Q4 FY25) — Jan 30, 2026
ExxonMobil Q4 FY25 — Strong Execution and Advantaged Asset Growth Drive Record Production
Read the full callEvery analysed call
Exxon Mobil earnings calls (XOM)
Financials
What the filings say
Net profit, year on year: −46% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 93,060 | 90,016 | 83,426 | 83,130 | 81,506 | 85,294 | 82,308 | 85,138 |
| Expenses | 79,395 | 76,990 | 73,613 | 71,530 | 70,801 | 74,362 | 74,277 | 78,171 |
| Interest | 271 | 207 | 297 | 205 | 145 | 90 | 163 | 295 |
| Profit before tax | 13,665 | 13,026 | 9,813 | 11,600 | 10,705 | 10,932 | 8,031 | 6,967 |
| Tax rate | 30.0% | 31.1% | 18.9% | 30.8% | 31.3% | 28.9% | 17.7% | 35.8% |
| Net profit | 9,240 | 8,610 | 7,610 | 7,713 | 7,082 | 7,548 | 6,501 | 4,183 |
| EPS ($ per share) | 2.14 | 1.92 | — | 1.76 | 1.64 | 1.76 | — | 1 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 15,258 | 15,637 | 15,688 | 15,746 | 15,752 | 17,781 | 46,238 | 46,150 |
| Reserves | 421,653 | 421,341 | 383,943 | 392,059 | 432,860 | 453,927 | 470,903 | 482,494 |
| Total liabilities | 147,668 | 163,659 | 168,620 | 163,240 | 166,594 | 163,779 | 182,869 | 182,354 |
| Fixed assets | 247,101 | 253,018 | 227,553 | 216,552 | 204,692 | 214,940 | 294,318 | 299,373 |
| Total assets | 346,196 | 362,597 | 332,750 | 338,923 | 369,067 | 376,317 | 453,475 | 448,980 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 36,014 | 29,716 | 14,668 | 48,129 | 76,797 | 55,369 | 55,022 | 51,970 |
| Cash from investing | -16,446 | -23,084 | -18,459 | -10,235 | -14,742 | -19,274 | -19,938 | -25,927 |
| Cash from financing | -19,446 | -6,618 | 5,285 | -35,423 | -39,114 | -34,297 | -42,789 | -39,081 |
| Net cash flow | -135 | 47 | 1,275 | 2,438 | 22,863 | 1,903 | -8,381 | -12,506 |
| Capital expenditure | -19,574 | -24,361 | -17,282 | -12,076 | -18,407 | -21,919 | -24,306 | -28,358 |
| Free cash flow | 16,440 | 5,355 | -2,614 | 36,053 | 58,390 | 33,450 | 30,716 | 23,612 |
XOM revenue by segment
| Segment | Q1 FY2024 | Q2 FY2024 | Q3 FY2024 | YoY growth latest quarter |
|---|---|---|---|---|
| Energy Products | 77% | 75% | 74% | — |
| Chemical Products | 7% | 6% | 7% | — |
| Specialty Products | 6% | 5% | 5% | — |
| Corporate and Financing | <1% | <1% | <1% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
XOM operating KPIs by quarter
| KPI | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Oil production Guyana | ~650K bbl/dWe have three major developments online producing roughly 650,000 gross barrels per day in total, considerably above our investment basis.Source: earnings call transcript | 700K bbl/d+Let's start in Guyana, where we're breaking records with production of more than 700,000 barrels per day in the quarter.Source: earnings call transcript | ~875K bbl/dOur most recent project, Yellowtail, came online ahead of schedule, raising gross production in the fourth quarter to roughly 875,000 barrels per day.Source: earnings call transcript | ~900K bbl/dIn the quarter, Guyana delivered gross production volumes of approximately 900,000 barrels per day.Source: earnings call transcript | — |
| Production Permian Basin | ~1.6M boe/dDuring the quarter, we produced roughly 1.6 million oil equivalent barrels per day, which was another record for us.Source: earnings call transcript | <1.7M boe/dIn the Permian Basin, another advantaged asset, we set yet another production record of nearly 1.7 million oil-equivalent barrels per day.Source: earnings call transcript | — | — | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q3 FY2024 · share of revenue
- Non Us 114% ↓ 5 pt
- US 81% ↑ 7 pt
- CA 9%
- GB 6% ↓ 1 pt
- SG 5%
- FR 4%
- DE 3%
- AU 3%
As XOM cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
51 filings between Nov 3, 2025 and Mar 16, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$2.40M
7 sales by 1 insider
Compensation
not trading decisions- 25
- Award — granted as compensation
- 12
- Tax withheld — shares kept back by the company to cover tax
Also filed: 7 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Talley Darrin L | — | $2.40M | Mar 16, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Mar 16, 2026 | Talley Darrin L VP - Corp Strategic Planning | Sale | 1,080 | $167.9K |
| Mar 2, 2026 | Talley Darrin L VP - Corp Strategic Planning | Sale | 2,150 | $339.3K |
| Feb 9, 2026 | Talley Darrin L VP - Corp Strategic Planning | Sale | 3,230 | $481.8K |
| Feb 2, 2026 | Talley Darrin L VP - Corp Strategic Planning | Sale | 650 | $90.8K |
| Feb 2, 2026 | Talley Darrin L VP - Corp Strategic Planning | Sale | 4,350 | $607.9K |
| Jan 2, 2026 | Hietala Kaisa Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Karsner Alexander Director | Award | 2,500 | $0 |
| Jan 2, 2026 | HOOLEY JOSEPH L Director | Award | 2,500 | $0 |
| Jan 2, 2026 | HARRIS JOHN D Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Garland Greg C. Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Dreyfus Maria S. Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Braly Angela F Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Angelakis Michael J Director | Award | 2,500 | $0 |
| Jan 2, 2026 | UBBEN JEFFREY W Director | Award | 2,500 | $0 |
| Jan 2, 2026 | Powell Dina H. Director | Award | 2,500 | $0 |
| Jan 2, 2026 | KELLNER LAWRENCE W Director | Award | 2,500 | $0 |
| Jan 2, 2026 | KANDARIAN STEVEN A Director | Award | 2,500 | $0 |
| Dec 18, 2025 | Chapman Neil A Senior Vice President | Gift | 335 | $0 |
| Dec 18, 2025 | Chapman Neil A Senior Vice President | Gift | 335 | $0 |
| Dec 18, 2025 | Chapman Neil A Senior Vice President | Gift | 335 | $0 |
| Dec 18, 2025 | Chapman Neil A Senior Vice President | Gift | 335 | $0 |
| Dec 18, 2025 | Chapman Neil A Senior Vice President | Gift | 335 | $0 |
| Dec 17, 2025 | Talley Darrin L VP - Corp Strategic Planning | Sale | 3,000 | $351.6K |
| Dec 15, 2025 | Talley Darrin L VP - Corp Strategic Planning | Sale | 3,000 | $356.3K |
| Dec 12, 2025 | Angelakis Michael J Director | Gift | 17,000 | $0 |
| Dec 11, 2025 | Williams Jack P Jr Senior Vice President | Gift | 5,000 | $0 |
| Dec 2, 2025 | Crocker Matthew Richard Vice President | Tax withheld | 25 | $2.9K |
| Dec 2, 2025 | Crocker Matthew Richard Vice President | Tax withheld | 7,693 | $889.5K |
| Nov 30, 2025 | Crocker Matthew Richard Vice President | Tax withheld | 2,062 | $238.4K |
| Nov 30, 2025 | Talley Darrin L VP - Corp Strategic Planning | Tax withheld | 4,880 | $564.3K |
| Nov 30, 2025 | Fox Leonard M. VP - Controller and Tax | Tax withheld | 4,543 | $525.3K |
| Nov 30, 2025 | Crocker Matthew Richard Vice President | Tax withheld | 37 | $4.3K |
| Nov 30, 2025 | Gibbs Jon M. Executive Officer | Tax withheld | 3,798 | $439.2K |
| Nov 25, 2025 | Fox Leonard M. VP - Controller and Tax | Award | 45,700 | $0 |
| Nov 25, 2025 | Ammann Daniel Vice President | Award | 102,800 | $0 |
| Nov 25, 2025 | Chapman James R. VP, Treasurer and Investor Rel | Award | 32,600 | $0 |
| Nov 25, 2025 | Crocker Matthew Richard Vice President | Award | 69,400 | $0 |
| Nov 25, 2025 | Crocker Matthew Richard Vice President | Award | 300 | $0 |
| Nov 25, 2025 | Mikells Kathryn A Senior Vice President | Award | 105,400 | $0 |
| Nov 25, 2025 | Taylor Jeffrey Allen VP, Gen. Counsel & Secretary | Award | 50,700 | $0 |
| Nov 25, 2025 | Talley Darrin L VP - Corp Strategic Planning | Award | 50,700 | $0 |
| Nov 25, 2025 | Talley Darrin L VP - Corp Strategic Planning | Tax withheld | 5,760 | $667.9K |
| Nov 25, 2025 | Gibbs Jon M. Executive Officer | Award | 102,800 | $0 |
| Nov 25, 2025 | Gibbs Jon M. Executive Officer | Tax withheld | 4,639 | $537.9K |
| Nov 25, 2025 | Chapman Neil A Senior Vice President | Award | 117,800 | $0 |
| Nov 25, 2025 | Chapman Neil A Senior Vice President | Tax withheld | 18,849 | $2.19M |
| Nov 25, 2025 | Williams Jack P Jr Senior Vice President | Award | 117,800 | $0 |
| Nov 25, 2025 | Williams Jack P Jr Senior Vice President | Tax withheld | 16,744 | $1.94M |
| Nov 25, 2025 | Woods Darren W Chairman and CEO | Award | 225,000 | $0 |
| Nov 25, 2025 | Woods Darren W Chairman and CEO | Tax withheld | 40,334 | $4.68M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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