Exxon Mobil (XOM) Operating Expenses (2009 - 2026)

Exxon Mobil's (XOM) quarterly Operating Expenses came in at $78.2 billion in Q1 2026, up 9.28% year-on-year from $71.5 billion in Q1 2025, and up 5.24% quarter-over-quarter from $74.3 billion in Q4 2025.

Exxon Mobil (XOM) Operating Expenses (2009 - 2026) Analysis & Trends

Exxon Mobil has disclosed Operating Expenses across 18 years of filings, most recently posting $78.2 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $78.2 billion, up 9.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $297.6 billion (down 1.3% YoY), and the FY2025 annual result was $291.0 billion, down 3.24% from the prior year.
  • Operating Expenses came in at $78.2 billion for Q1 2026 at Exxon Mobil, up from $74.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $90.7 billion in Q2 2022 to a low of $69.8 billion in Q1 2023.
  • The 5-year median for Operating Expenses is $74.4 billion (2025), against an average of $76.3 billion.
  • Across the five-year window, Operating Expenses jumped 47.71% in 2022 and dropped 21.48% in 2023, its largest moves.
  • Exxon Mobil's Operating Expenses stood at $76.6 billion in 2022, then slipped by 3.74% to $73.7 billion in 2023, then retreated by 0.14% to $73.6 billion in 2024, then advanced by 0.9% to $74.3 billion in 2025, then rose by 5.24% to $78.2 billion in 2026.
  • The last three Operating Expenses figures came in at $78.2 billion (Q1 2026), $74.3 billion (Q4 2025), and $74.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -3.49 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 78.17 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -5,222.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 7.68 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 1.08 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 44.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.27 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 8.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 78.17 Bn
Dec 31, 2025 74.28 Bn
Sep 30, 2025 74.36 Bn
Jun 30, 2025 70.80 Bn
Mar 31, 2025 71.53 Bn
Dec 31, 2024 73.61 Bn
Sep 30, 2024 76.99 Bn
Jun 30, 2024 79.40 Bn
Mar 31, 2024 70.71 Bn
Dec 31, 2023 73.72 Bn
Sep 30, 2023 77.06 Bn
Jun 30, 2023 71.26 Bn
Mar 31, 2023 69.76 Bn
Dec 31, 2022 76.59 Bn
Sep 30, 2022 86.65 Bn
Jun 30, 2022 90.75 Bn
Mar 31, 2022 81.94 Bn
Dec 31, 2021 73.24 Bn
Sep 30, 2021 64.18 Bn
Jun 30, 2021 61.44 Bn