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
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