NYSE$XOM

Exxon-Mobil · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

ExxonMobil reported strong Q2 2026 earnings of $14.5 billion driven by advantaged portfolio and high production.

ExxonMobil announced second-quarter 2026 GAAP earnings of $14.5 billion ($3.48 per share) and adjusted earnings of $14.7 billion ($3.52 per share). Cash flow from operations reached $23.6 billion with free cash flow of $17.2 billion, supported by record Permian production and structural cost savings. The company returned $9.4 billion to shareholders through dividends and buybacks.

  • GAAP earnings $14.5B and adjusted earnings $14.7B for the quarter ended June 30, 2026.
  • Upstream production averaged 4,514 koebd with record Permian output exceeding 1.8 Moebd.
  • Cash flow from operations $23.6B and free cash flow $17.2B; $9.4B returned to shareholders.
  • Adjusted EPS $3.52, with strong sequential improvement in Upstream and Energy Products segments.

Headline financials

EPS (adj)

$3.52

Previous: $1.64+114.6%
Energy Products sales

5.7K

No prior period
Upstream production

4.5K

No prior period
Free Cash Flow

$17.2B

Previous: -$5.1B+437.3%
Net Income

$14.5B

Previous: $7.08B+105.1%

Revenue & EPS history

ExxonMobil · Revenue · Quarterly

$85.1B

Q1 2026+2.4%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Continued focus on advantaged production growth, structural cost savings, and shareholder returns amid market volatility.

Tailwinds

  • Record Permian production with planned 9% CAGR through 2030
  • Fifth Guyana FPSO on track for 4Q26 startup adding 250 Kbd capacity
  • Cumulative structural cost savings of $16.3B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.1%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+6.1%

Q4 2021

Best reaction

-10.5%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+0.1%-3.9%-2.3%
Q4 2025+0.7%+5.0%+8.5%
Q3 2025-0.4%-0.9%+1.1%
Q2 2025-2.1%-2.6%+2.1%
Q1 2025+0.3%-1.1%-3.3%
Q4 2024-2.5%+0.3%+1.6%
Q3 2024+1.6%+3.6%+1.0%
Q2 2024-1.9%-1.1%+0.8%
Q1 2024-1.4%-4.4%-6.5%
Q4 2023-0.8%-0.2%+3.4%
Q3 2023-1.6%-1.8%-2.8%
Q2 2023+1.7%-0.1%+2.7%
Q1 2023-1.8%-7.6%-10.2%
Q4 2022+1.0%-1.4%-1.9%
Q3 2022+3.0%+1.9%+5.3%
Q2 2022+2.0%-1.7%+5.6%
Q1 2022-0.9%+5.2%+11.9%
Q4 2021+6.1%+7.2%+6.7%
Q3 2021+2.1%-0.6%-4.8%
Q2 2021-2.3%-3.5%-5.4%
Q1 2021-0.2%+3.4%-1.0%
Q4 2020+5.6%+11.2%+30.7%
Q3 2020+3.1%+0.8%+21.9%
Q2 2020+0.9%+4.7%-2.8%
Q1 2020-3.4%-5.3%-2.2%
Q4 2019-6.3%-3.2%-20.6%
Q3 2019+6.1%+5.8%+0.8%
Q2 2019-3.0%-2.7%-5.5%
Q1 2019-2.7%-4.3%-9.9%
Q4 2018+2.1%+2.7%+9.2%
Q3 2018+1.2%+2.9%-1.5%
Q2 2018-3.0%-4.6%-5.5%
Q1 2018-3.8%-5.0%-2.7%
Q4 2017-10.5%-13.6%-15.2%
Q3 2017+0.1%+0.5%-2.5%
Q2 2017-1.0%-0.3%-5.1%
Q1 2017+1.0%+1.8%+0.4%
Q4 2016-2.3%-1.6%-1.8%
Q3 2016-4.1%-4.0%+0.2%
Q2 2016-4.8%-3.0%-3.2%
Q1 2016+1.2%
Q4 2015+2.9%
Q3 2015+3.7%
Q2 2015-6.0%
Q1 2015+1.1%
Q4 2014+5.5%
Q3 2014+0.9%
Q2 2014-4.3%
Q1 2014-0.4%
Q4 2013-3.1%
Q3 2013+1.1%
Q2 2013-1.9%
Q1 2013-1.6%
Q4 2012-0.9%
Q3 2012-1.0%
Q2 2012+2.6%
Q1 2012-0.9%
Q4 2011+0.2%
Q3 2011+1.5%
Q2 2011-3.7%
Q1 2011+0.2%
Q4 2010-0.5%
Q3 2010+2.3%
Q2 2010-0.0%
Q1 2009-3.7%
Q1 2010+0.8%
Q4 2009+0.4%
Q4 2007+0.4%
Q3 2009+1.8%
Q3 2008+1.8%
Q2 2009-1.2%
Q4 2008-1.2%
Q2 2008-1.2%

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