Q3 25 EPS
$1.88
BEAT +2.99%
Est. $1.83
Q3 25 Revenue
$85.29B
BEAT +2.02%
Est. $83.60B
vs S&P Since Q3 25
+31.7%
BEATING MARKET
XOM +37.4% vs S&P +5.7%
Market Reaction
Did XOM Beat Earnings? Q3 2025 Results
ExxonMobil delivered a solid beat across the board in Q3 2025, with adjusted earnings per share of $1.88 edging past the $1.83 consensus by 2.99%, while revenue of $85.29 billion topped estimates by 2.02%, even as the top line slipped 2.9% from the y… Read more ExxonMobil delivered a solid beat across the board in Q3 2025, with adjusted earnings per share of $1.88 edging past the $1.83 consensus by 2.99%, while revenue of $85.29 billion topped estimates by 2.02%, even as the top line slipped 2.9% from the year-ago period amid softer commodity prices. The primary engine behind the quarter was an Upstream segment that generated $5.68 billion in earnings, driven by record production in both Guyana and the Permian Basin; the Yellowtail project in Guyana came online four months ahead of schedule, pushing total installed capacity in the country above 900,000 barrels per day. Energy Products also contributed meaningfully, with earnings jumping to $1.84 billion on stronger refining margins and record throughput. The company returned $9.40 billion to shareholders through dividends and buybacks, and the board's 4% dividend increase, extending 43 consecutive years of growth, underscored confidence heading into year-end, with full-year capex now expected to land below the low end of the $27 billion to $29 billion guidance range.
Key Takeaways
- • Record quarterly production in Guyana surpassing 700,000 barrels per day
- • Record Permian Basin production of nearly 1.7 million oil-equivalent barrels per day
- • Yellowtail project started up four months ahead of schedule and under budget
- • Cumulative structural cost savings exceeding $14 billion since 2019 with additional $2.2 billion in 2025
- • Record refinery throughput on a same-site basis since Exxon-Mobil merger
- • Record high-value product sales in Chemical Products
- • Stronger industry refining margins due to supply disruptions
XOM YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“ExxonMobil had a strong third quarter, continuing to demonstrate that we are truly in a league of our own.”
— Darren Woods, Q3 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% |