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
DateValue
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