EXXON MOBIL CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: ExxonMobil reported Q1 FY2026 revenue of $85.1B (+2.4% YoY) but net income fell sharply by 45.8% to $4.2B, reflecting significant margin compression and higher liabilities, while the company continued returning capital to shareholders via $4.9B in buybacks.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew modestly by 2.4% YoY to $85.1B in Q1 FY2026, but net income collapsed 45.8% to $4.2B, indicating that cost pressures and/or lower commodity realizations significantly outpaced top-line growth, compressing net margin to approximately 4.9% from roughly 9.3% in the prior-year period.
Depreciation & Amortization surged 18.7% YoY to $6.8B in Q1 FY2026, likely reflecting the integration of assets from the Pioneer Natural Resources acquisition, which adds to non-cash charges and weighs on reported earnings.
Operating cash flow fell 32.8% YoY to $8.7B, while investing cash outflows increased 45.2% to $6.0B, resulting in estimated free cash flow of approximately $2.7B — a substantial reduction from prior-year levels, signaling tighter near-term cash generation.
Revenue
$85.14B
++2.42% YoY
EPS (Basic)
$1.00
-43.18% YoY
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