Business Segments · Revenue
Upstream — Revenue
Imperial Oil Upstream — Revenue increased by 11.7% to $4.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.8%, from $4.46B to $4.02B. Over 4 years (FY 2021 to FY 2025), Upstream — Revenue shows an upward trend with a 4.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026
Rolls up toRevenue
How to read this metric
An increase suggests higher production volumes or favorable commodity pricing, while a decrease indicates lower output or weaker market prices.
Detailed definition
Represents the total gross income generated from the exploration, development, and production of crude oil, natural gas,...
Peer comparison
Standard across all integrated oil and gas companies as 'Upstream Revenue'.
Metric ID:
imo_segment_upstream_revenuesHistorical 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 | $2.62B | $4.15B | $4.25B | $4.53B | $5.95B | $4.95B | $4.33B | $3.7B | $3.59B | $4.81B | $4.42B | $4.17B | $4.55B | $4.61B | $4.69B | $4.46B | $3.78B | $4.11B | $3.6B | $4.02B |
| QoQ Change | — | +58.7% | +2.4% | +6.6% | +31.2% | -16.8% | -12.5% | -14.6% | -3.0% | +33.9% | -8.2% | -5.6% | +9.2% | +1.3% | +1.7% | -4.9% | -15.1% | +8.6% | -12.4% | +11.7% |
| YoY Change | — | — | — | — | +127.4% | +19.2% | +1.9% | -18.4% | -39.7% | -2.9% | +1.9% | +12.6% | +26.8% | -4.1% | +6.1% | +7.0% | -16.9% | -10.8% | -23.2% | -9.8% |
Range$2.62B – $5.95B
CAGR+9.5%
Avg YoY Growth+4.8%
Median YoY Growth-0.5%
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Frequently Asked Questions
- What is Imperial Oil's upstream — revenue?
- Imperial Oil (IMO) reported upstream — revenue of $4.02B in Q1 2026.
- How has Imperial Oil's upstream — revenue changed year-over-year?
- Imperial Oil's upstream — revenue decreased by 9.8% year-over-year, from $4.46B to $4.02B.
- What is the long-term trend for Imperial Oil's upstream — revenue?
- Over 4 years (2021 to 2025), Imperial Oil's upstream — revenue has grown at a 4.9% compound annual growth rate (CAGR), from $13.16B to $15.95B.
- What does upstream — revenue mean?
- Total revenue generated from oil and gas extraction activities.