Exxon Mobil (XOM) Operating Expenses (2009 - 2026)
Exxon Mobil (XOM) posted Operating Expenses of $78.2 billion for Q1 2026, up 5.24% sequentially from $74.3 billion in Q4 2025, and up 9.28% YoY from $71.5 billion in Q1 2025.
Exxon Mobil (XOM) Operating Expenses (2009 - 2026) Analysis & Trends
Exxon Mobil (XOM) has 18 years of Operating Expenses data on file, last reported at $78.2 billion in Q1 2026.
- Quarterly Operating Expenses rose 9.28% year-over-year to $78.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $297.6 billion (down 1.3% YoY) and the FY2025 annual result came in at $291.0 billion, down 3.24% from the prior year.
- Operating Expenses improved to $78.2 billion in Q1 2026 per XOM's latest filing, from $74.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $90.7 billion in Q2 2022, with the low at $69.8 billion in Q1 2023.
- Average Operating Expenses over 5 years is $76.3 billion, with a median of $74.4 billion recorded in 2025.
- Year-over-year, Operating Expenses surged 47.71% in 2022 and decreased 21.48% in 2023.
- Exxon Mobil's Operating Expenses stood at $76.6 billion in 2022, then fell by 3.74% to $73.7 billion in 2023, then dropped by 0.14% to $73.6 billion in 2024, then increased by 0.9% to $74.3 billion in 2025, then climbed by 5.24% to $78.2 billion in 2026.
- Business Quant data shows XOM's Operating Expenses at $78.2 billion in Q1 2026, $74.3 billion in Q4 2025, and $74.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 78.17 Bn |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | -3.49 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 44.00 Mn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -5,222.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 7.68 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -19.06 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 511.24 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 277.71 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | 14.66 Mn |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | 1.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |