Earnings preview

Exxon Mobil Corporation Exxon Mobil Corporation Q2 2026 Earnings Results vs. Expectations

ReportsJul 31, 2026
SlotBefore Market Open

Results are out

This quarter has reported. The consensus below is what we expected going in.

Read the release →

What the Street expects

EPS · ADJUSTED
$3.68
consensus · see the release
QoQ—
YoY—

QoQ and YoY are what the consensus implies against the prior quarter and the prior year.

Also on the card
Brent average $104.52/b, +64% vs 4Q25
Production 4,514 koebd, Permian record >1.8 Moebd
Free cash flow (company) $17.2B
Shareholder distributions $9.4B ($4.3B dividends, $5.1B buybacks)

Q2 2026 reported results

Estimate against reported

$4.08$2.04$0.002024 Q3 reported $1.922024 Q32024 Q4 reported $1.722024 Q42025 Q1 reported $1.762025 Q12025 Q2 reported $1.642025 Q22025 Q3 reported $1.762025 Q32025 Q4 reported $1.532025 Q42026 Q1 reported $1.002026 Q12026 Q2 estimate $3.682026 Q2 reported $3.522026 Q2
Our published estimate Reported EPS
QuarterEstimateReportedSurprise
2024 Q3 — $1.92 —
2024 Q4 — $1.72 —
2025 Q1 — $1.76 —
2025 Q2 — $1.64 —
2025 Q3 — $1.76 —
2025 Q4 — $1.53 —
2026 Q1 — $1.00 —
2026 Q2 $3.68 $3.52 −4%

Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.

Every quarter

Q2 2026 release page View XOM stock page