Exxon Mobil (XOM) Tax Provisions (2009 - 2026)
Exxon Mobil (XOM) posted Tax Provisions of $2.5 billion for Q1 2026, up 75.46% sequentially from $1.4 billion in Q4 2025, and down 30.05% YoY from $3.6 billion in Q1 2025.
Exxon Mobil (XOM) Tax Provisions (2009 - 2026) Analysis & Trends
Exxon Mobil (XOM) has 18 years of Tax Provisions data on file, last reported at $2.5 billion in Q1 2026.
- Quarterly Tax Provisions fell 30.05% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.4 billion (down 23.15% YoY) and the FY2025 annual result came in at $11.5 billion, down 16.7% from the prior year.
- Tax Provisions improved to $2.5 billion in Q1 2026 per XOM's latest filing, from $1.4 billion in the prior quarter.
- The five-year high for Tax Provisions was $6.4 billion in Q2 2022, with the low at $1.4 billion in Q4 2025.
- Average Tax Provisions over 5 years is $3.7 billion, with a median of $3.6 billion recorded in 2025.
- Year-over-year, Tax Provisions surged 316.71% in 2022 and tumbled 54.85% in 2023.
- Exxon Mobil's Tax Provisions stood at $5.8 billion in 2022, then plunged by 54.85% to $2.6 billion in 2023, then decreased by 28.89% to $1.9 billion in 2024, then dropped by 23.47% to $1.4 billion in 2025, then soared by 75.46% to $2.5 billion in 2026.
- Business Quant data shows XOM's Tax Provisions at $2.5 billion in Q1 2026, $1.4 billion in Q4 2025, and $3.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 2.50 Bn |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 3.11 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 3.15 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -3,788.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 1.70 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -6.64 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 82.74 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -152.76 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | 6,000.00 |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | - |
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 |