Q1 25 EPS
$1.76
BEAT +1.51%
Est. $1.73
Q1 25 Revenue
$83.13B
MISS 3.44%
Est. $86.09B
vs S&P Since Q1 25
+22.4%
BEATING MARKET
XOM +49.6% vs S&P +27.2%
Market Reaction
Did XOM Beat Earnings? Q1 2025 Results
ExxonMobil delivered a mixed first quarter for 2025, posting earnings of $1.76 per diluted share, edging past the $1.73 consensus estimate by 1.51%, while revenue of $83.13 billion fell 3.44% short of the $86.09 billion Wall Street had expected, even… Read more ExxonMobil delivered a mixed first quarter for 2025, posting earnings of $1.76 per diluted share, edging past the $1.73 consensus estimate by 1.51%, while revenue of $83.13 billion fell 3.44% short of the $86.09 billion Wall Street had expected, even as sales grew 3.4% year over year. The headline profit figure masked a notable year-over-year decline from $2.06 per share in Q1 2024, with sharply weaker refining and chemical margins acting as the primary drag. The bright spot was a surging Upstream segment, where net production climbed 20% to 4.55 million oil-equivalent barrels per day, fueled by the Pioneer acquisition, pushing segment earnings up $1.10 billion year over year to $6.76 billion. ExxonMobil's long-running shareholder returns program remained intact, with $9.10 billion distributed in the quarter through dividends and buybacks. Looking ahead, management reiterated full-year capex guidance of $27 billion to $29 billion and said ten new projects starting in 2025 are expected to generate more than $3 billion in 2026 earnings.
Key Takeaways
- • Advantaged volume growth in Permian Basin and Guyana drove Upstream earnings higher
- • Pioneer Natural Resources acquisition contributed to 20% net production increase (767,000 boed)
- • Cumulative structural cost savings of $12.7 billion versus 2019 including $0.6 billion additional in Q1
- • Significantly weaker industry refining margins pressured Energy Products earnings
- • Weaker crude realizations partially offset Upstream gains
- • Favorable timing effects from unsettled derivatives and LIFO inventory accounting
XOM YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
“In this uncertain market, our shareholders can be confident in knowing that we're built for this. The work we've done to transform our company over the past eight years positions us to excel in any environment.”
— Darren Woods, Q1 2025 Earnings Press Release
XOM Earnings Trends
XOM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
XOM EPS Trend
Earnings per share: estimate vs actual
XOM Revenue Trend
Quarterly revenue: estimate vs actual
XOM Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.16 | — | $85.14B | -0.18% |
| Q4 25 BEAT FY | $1.66 | $1.71 | +3.01% | $82.31B | — |
| FY Full Year | $6.95 | $6.70 | -3.66% | $332.24B | +1.45% |
| Q3 25 BEAT | $1.83 | $1.88 | +2.99% | $85.29B | +2.02% |
| Q2 25 BEAT | $1.56 | $1.64 | +4.93% | $79.48B | -1.27% |
| Q1 25 BEAT | $1.73 | $1.76 | +1.51% | $83.13B | -3.44% |