Q2 25 EPS
$1.64
BEAT +4.93%
Est. $1.56
Q2 25 Revenue
$79.48B
MISS 1.27%
Est. $80.50B
vs S&P Since Q2 25
+26.9%
BEATING MARKET
XOM +42.8% vs S&P +15.9%
Market Reaction
Did XOM Beat Earnings? Q2 2025 Results
ExxonMobil delivered a mixed but largely resilient second quarter, posting earnings of $7.08 billion, or $1.64 per diluted share, that cleared the Wall Street consensus of $1.56 by 4.93%, even as revenue of $79.48 billion fell short of the $80.50 bil… Read more ExxonMobil delivered a mixed but largely resilient second quarter, posting earnings of $7.08 billion, or $1.64 per diluted share, that cleared the Wall Street consensus of $1.56 by 4.93%, even as revenue of $79.48 billion fell short of the $80.50 billion estimate and slid 11.7% from a year ago. The headline story was a commodity price environment that punished the top line, U.S. Crude realizations dropped to $62.58 per barrel from $69.41 in Q1, with Brent averaging just $67.82, yet the company cushioned the blow through record Permian Basin output of 1.6 million barrels per day and overall production of 4.63 million oil-equivalent barrels per day, the highest second-quarter volume since the Exxon-Mobil merger. Aggressive shareholder returns of $9.20 billion, including $5.00 billion in buybacks, underscore why the company's decades-long dividend commitment remains a cornerstone of its investment case. Management held full-year capex guidance at $27.00–$29.00 billion and reaffirmed plans for $20.00 billion in annual buybacks, with ten project start-ups expected to add over $3.00 billion in earnings power by 2026.
Key Takeaways
- • Record Permian Basin production of 1.6 million oil-equivalent barrels per day
- • Highest second-quarter Upstream production since the Exxon-Mobil merger over 25 years ago at 4.63 million oil-equivalent barrels per day
- • Cumulative structural cost savings of $13.5 billion since 2019, with $1.4 billion added in first half 2025
- • Advantaged volume growth in Permian and Guyana
- • Record high-value product sales volumes in Specialty Products
- • Stronger seasonal refining margins in Q2 versus Q1
- • Best quarter for high-value product sales volumes in Product Solutions
XOM YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
“The second quarter, once again, proved the value of our strategy and competitive advantages, which continue to deliver for our shareholders no matter the market conditions or geopolitical developments.”
— Darren Woods, Q2 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% |