Imperial Oil IMO Revenue from contracts outside the scope of ASC Topic 606

Revenue from contracts outside the scope of ASC Topic 606 at other companies

ConocoPhillipsCOP

$1.8B+31.3%

FAQ

What is Imperial Oil's revenue from contracts outside the scope of ASC topic 606?

Imperial Oil (IMO) reported revenue from contracts outside the scope of ASC topic 606 of $2.58B in Q1 2026.

How has Imperial Oil's revenue from contracts outside the scope of ASC topic 606 changed year-over-year?

Imperial Oil's revenue from contracts outside the scope of ASC topic 606 increased by 10.9% year-over-year, from $2.33B to $2.58B.

What is the long-term trend for Imperial Oil's revenue from contracts outside the scope of ASC topic 606?

Over 4 years (2021 to 2025), Imperial Oil's revenue from contracts outside the scope of ASC topic 606 has grown at a 26.4% compound annual growth rate (CAGR), from $3.23B to $8.24B.

What does revenue from contracts outside the scope of ASC topic 606 mean?

This represents revenue streams that fall outside the standard accounting framework for contracts with customers, such as ASC 606. These often include items like government grants, certain royalty arrangements, or non-operating income streams. It helps distinguish core commercial revenue from other recognized income.