Exxon Mobil (XOM) Tax Provisions (2009 - 2026)
Exxon Mobil's (XOM) quarterly Tax Provisions came in at $2.5 billion in Q1 2026, down 30.05% year-on-year from $3.6 billion in Q1 2025, and up 75.46% quarter-over-quarter from $1.4 billion in Q4 2025.
Exxon Mobil (XOM) Tax Provisions (2009 - 2026) Analysis & Trends
Exxon Mobil has disclosed Tax Provisions across 18 years of filings, most recently posting $2.5 billion for Q1 2026.
- Tax Provisions for Q1 2026 came in at $2.5 billion, down 30.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.4 billion (down 23.15% YoY), and the FY2025 annual result was $11.5 billion, down 16.7% from the prior year.
- Tax Provisions came in at $2.5 billion for Q1 2026 at Exxon Mobil, up from $1.4 billion in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $6.4 billion in Q2 2022 to a low of $1.4 billion in Q4 2025.
- The 5-year median for Tax Provisions is $3.6 billion (2025), against an average of $3.7 billion.
- Across the five-year window, Tax Provisions jumped 316.71% in 2022 and sank 54.85% in 2023, its largest moves.
- Exxon Mobil's Tax Provisions stood at $5.8 billion in 2022, then tumbled by 54.85% to $2.6 billion in 2023, then declined by 28.89% to $1.9 billion in 2024, then retreated by 23.47% to $1.4 billion in 2025, then soared by 75.46% to $2.5 billion in 2026.
- The last three Tax Provisions figures came in at $2.5 billion (Q1 2026), $1.4 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 2.50 Bn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -4,647.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 1.70 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 374.81 Mn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 3.15 Bn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | - |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 212.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.50 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 3.16 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.57 Bn |
| Dec 31, 2024 | 1.86 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Jun 30, 2024 | 4.09 Bn |
| Mar 31, 2024 | 3.80 Bn |
| Dec 31, 2023 | 2.61 Bn |
| Sep 30, 2023 | 4.35 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 4.96 Bn |
| Dec 31, 2022 | 5.79 Bn |
| Sep 30, 2022 | 5.22 Bn |
| Jun 30, 2022 | 6.36 Bn |
| Mar 31, 2022 | 2.81 Bn |
| Dec 31, 2021 | 2.65 Bn |
| Sep 30, 2021 | 2.66 Bn |
| Jun 30, 2021 | 1.53 Bn |