Cost of Revenue
Production and manufacturing expenses
Exxon Mobil Production and manufacturing expenses decreased by 11.9% to $10.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $10.08B to $10.70B. Over 4 years (FY 2021 to FY 2025), Production and manufacturing expenses shows an upward trend with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
Lower expenses relative to output indicate improved operational efficiency and better cost control.
Detailed definition
These expenses encompass the direct operating costs required to extract oil and gas and to convert raw materials into fi...
Peer comparison
Standard for industrial and energy firms; peers are compared based on unit production costs.
Metric ID:
xom_production_and_manufacturing_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.47B | $8.72B | $10.78B | $10.24B | $10.69B | $11.32B | $10.37B | $9.44B | $8.86B | $8.70B | $9.89B | $9.09B | $9.80B | $9.88B | $10.83B | $10.08B | $10.10B | $10.09B | $12.15B | $10.70B |
| QoQ Change | — | +2.9% | +23.7% | -5.0% | +4.3% | +5.9% | -8.4% | -9.0% | -6.1% | -1.9% | +13.8% | -8.1% | +7.8% | +0.8% | +9.6% | -6.9% | +0.2% | -0.1% | +20.3% | -11.9% |
| YoY Change | — | — | — | — | +26.1% | +29.8% | -3.9% | -7.9% | -17.1% | -23.2% | -4.6% | -3.7% | +10.7% | +13.6% | +9.5% | +10.9% | +3.0% | +2.2% | +12.1% | +6.1% |
Range$8.47B – $12.15B
CAGR+5.0%
Avg YoY Growth+4.0%
Median YoY Growth+4.6%
Production and manufacturing expenses at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's production and manufacturing expenses?
- Exxon Mobil (XOM) reported production and manufacturing expenses of $10.70B in Q1 2026.
- How has Exxon Mobil's production and manufacturing expenses changed year-over-year?
- Exxon Mobil's production and manufacturing expenses increased by 6.1% year-over-year, from $10.08B to $10.70B.
- What is the long-term trend for Exxon Mobil's production and manufacturing expenses?
- Over 4 years (2021 to 2025), Exxon Mobil's production and manufacturing expenses has grown at a 4.2% compound annual growth rate (CAGR), from $36.04B to $42.42B.
- What does production and manufacturing expenses mean?
- The day-to-day costs of running oil wells, refineries, and chemical manufacturing plants.