$XOM · ExxonMobil Holdings Corp
ExxonMobil Holdings Corporation filed its Q3 2026 10-Q, reporting net income attributable to ExxonMobil of $15.41 billion ($3.72 diluted EPS) on total revenues of $113.16 billion for the quarter ended September 30, 2026. This compares to $7.55 billion ($1.76 EPS) on $85.29 billion in revenues in Q3 2025. The filing also reflects the July 1, 2026 redomiciliation merger that moved the parent from New Jersey to Texas, with no impact on consolidated operations.
- Q3 net income attributable to ExxonMobil: $15.41B vs $7.55B in Q3 2025 — a 104% increase.
- Q3 diluted EPS of $3.72 vs $1.76 in the prior-year quarter.
- Total revenues and other income hit $113.16B, up 32.7% YoY from $85.29B.
- Nine-month operating cash flow reached $57.91B vs $39.29B in the same 2025 period.
- Completed redomiciliation from New Jersey to Texas on July 1, 2026; no change to consolidated business.
XOM down 3.07% today to $181.50 despite the blowout quarter — the -0.23% since-filing move suggests the strong results were largely priced in or overshadowed by macro/commodity headwinds.
ExxonMobil just printed the strongest quarterly profit in recent memory — doubling YoY — yet the stock fell, signaling the market may believe peak-cycle earnings are already here.
ExxonMobil's Q3 results reflect the broader integrated-oil windfall from elevated crude and product prices in 2026. The Upstream U.S. segment alone generated $4.30B in pre-tax income. Peer supermajors are likely to report similarly strong upstream results, though Exxon's Energy Products margin expansion stands out.
Energy Products segment — the largest by revenue — saw segment income swing from $2.74B to $6.34B YoY, heavily tied to refining margins and crude differentials that can reverse quickly. Upstream non-U.S. segment income fell from $5.85B to $3.48B, signaling international production or pricing pressure.