Net Income

Net Income

Occidental Petroleum Net Income remained flat by 0.0% to $3.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 255.4%, from $945.00M to $3.36B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.

Detailed definition

The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...

Peer comparison

This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.

Metric ID: net_income

Historical Data

40 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q4 '25Q4 '25Q1 '26Q1 '26
Value$103.00M$103.00M$828.00M$828.00M$1.54B$1.54B$4.88B$4.88B$3.76B$3.76B$2.75B$2.75B$1.93B$1.93B$1.26B$1.26B$860.00M$860.00M$1.38B$1.38B$1.20B$1.20B$888.00M$888.00M$1.17B$1.17B$1.14B$1.14B$0.00$0.00$945.00M$945.00M$468.00M$468.00M$842.00M$842.00M$114.00M$114.00M$3.36B$3.36B
QoQ Change+0.0%+703.9%+0.0%+85.6%+0.0%+217.2%+0.0%-23.0%+0.0%-26.9%+0.0%-29.8%+0.0%-34.5%+0.0%-31.9%+0.0%+59.9%+0.0%-12.9%+0.0%-25.9%+0.0%+31.8%+0.0%-2.6%+0.0%-100.0%+0.0%-50.5%+0.0%+79.9%+0.0%-86.5%+0.0%>999%+0.0%
YoY Change>999%>999%+231.6%+231.6%+25.4%+25.4%-74.1%-74.1%-77.1%-77.1%-49.9%-49.9%-37.8%-37.8%-29.7%-29.7%+36.0%+36.0%-17.1%-17.1%-100.0%-100.0%+6.4%+6.4%-60.0%-60.0%-26.1%-26.1%+255.4%+255.4%
Range$0.00$4.88B
CAGR+43.0%
Avg YoY Growth+241.9%
Median YoY Growth-26.1%
Current Streak3 quarters growth

Business Segments — Oil And Gas

View all
SegmentQ1 '22Q2 '22Q3 '22
Oil And Gas$2.90B$4.09B$3.35B
Total$4.88B$3.76B$2.75B

Oil And Gas was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Oil and gas

View all
SegmentQ1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23
Oil and gas$2.90B$4.09B$3.35B$1.64B$1.06B$1.97B
Chemical$671.00M$800.00M$580.00M
Midstream and marketing-$50.00M$264.00M$104.00M
Total$4.88B$3.76B$2.75B$1.26B$860.00M$1.38B

Chemical, Midstream and marketing, Oil and gas were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Occidental Petroleum's net income?
Occidental Petroleum (OXY) reported net income of $3.36B in Q1 2026.
How has Occidental Petroleum's net income changed year-over-year?
Occidental Petroleum's net income increased by 255.4% year-over-year, from $945.00M to $3.36B.
What does net income mean?
The final profit of the company after every single expense and tax has been paid.