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
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