Imperial Oil IMO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Chemical | $336M+9.8% | $306M-10.8% | $343M-3.7% | $356M-4.3% | $372M+4.2% | |
| Chemical | $240M+10.6% | $217M-12.1% | $247M-4.6% | $259M-2.6% | $266M-1.1% | |
| Downstream | $13.91B+12.0% | $12.42B-6.1% | $13.22B+6.4% | $12.43B-11.4% | $14.02B-0.6% | |
| Downstream | $12.05B+10.2% | $10.94B-6.3% | $11.68B+7.5% | $10.86B-10.7% | $12.16B-0.7% | |
| Upstream | $4.02B+11.7% | $3.6B-12.4% | $4.11B+8.6% | $3.78B-15.1% | $4.46B-4.9% | |
| Net income (loss) by Business | ||||||
| Chemical | $24M+167% | $9M-57.1% | $21M0.0% | $21M-32.3% | $31M+47.6% | |
| Downstream | $611M+17.7% | $519M+16.9% | $444M+37.9% | $322M-44.9% | $584M+64.0% | |
| Upstream | $470M— | $0-100% | $728M+9.6% | $664M-9.2% | $731M-16.7% | |
| Investment And Other Income Net by Business | ||||||
| Chemical | $0— | $0— | $0— | $0— | $0— | |
| Downstream | $19M+35.7% | $14M-54.8% | $31M+107% | $15M-28.6% | $21M-22.2% | |
| Upstream | $1M0.0% | $1M-66.7% | $3M+175% | -$4M-129% | $14M-26.3% | |
| Income (loss) before income taxes by Business | ||||||
| Chemical | 3,100,000,000%+1,600,000,000pp | 1,500,000,000%-1,200,000,000pp | 2,700,000,000%-100,000,000pp | 2,800,000,000%-1,300,000,000pp | 4,100,000,000%+1,300,000,000pp | |
| Downstream | 80,200,000,000%+12,300,000,000pp | 67,900,000,000%+10,000,000,000pp | 57,900,000,000%+15,900,000,000pp | 42,000,000,000%-34,500,000,000pp | 76,500,000,000%+30,400,000,000pp | |
| Upstream | 61,600,000,000%— | 0%-96,100,000,000pp | 96,100,000,000%+9,100,000,000pp | 87,000,000,000%-9,000,000,000pp | 96,000,000,000%-16,300,000,000pp | |
| Income taxes by Business | ||||||
| Chemical | $7M+16.7% | $6M0.0% | $6M-14.3% | $7M-30.0% | $10M+42.9% | |
| Downstream | $191M+19.4% | $160M+18.5% | $135M+37.8% | $98M-45.9% | $181M+72.4% | |
| Upstream | $146M— | $0-100% | $233M+13.1% | $206M-10.0% | $229M-6.5% | |
| Total Assets by Business | ||||||
| Chemical | $527M-2.4% | $540M-0.4% | $542M+4.4% | $519M+9.7% | $473M-0.2% | |
| Downstream | $14.1B+27.8% | $11.04B-5.6% | $11.7B-0.7% | $11.78B-4.4% | $12.33B+6.0% | |
| Upstream | $29.94B+2.8% | $29.11B+2.3% | $28.45B-3.2% | $29.39B0.0% | $29.38B+4.8% | |
| Selling and general by Business | ||||||
| Chemical | $22M+29.4% | $17M-22.7% | $22M+10.0% | $20M-9.1% | $22M+4.8% | |
| Downstream | $180M-13.0% | $207M+22.5% | $169M-3.4% | $175M+0.6% | $174M-14.3% | |
| Upstream | $0— | $0— | $0— | $0— | $0— | |
| Costs and Expenses by Business | ||||||
| Chemical | $305M+4.8% | $291M-7.9% | $316M-3.7% | $328M-0.9% | $331M+0.6% | |
| Downstream | $13.11B+11.6% | $11.74B-7.1% | $12.64B+5.3% | $12.01B-9.4% | $13.25B-2.8% | |
| Upstream | $3.41B-5.9% | $3.62B+14.9% | $3.15B+8.0% | $2.91B-16.7% | $3.5B-1.8% | |
| Financing by Business | ||||||
| Chemical | $0— | $0— | $0— | $0— | $0— | |
| Downstream | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $0+100% | -$5M-267% | $3M— | $0+100% | -$12M— | |
| Cash flows from (used in) operating activities by Business | ||||||
| Chemical | $25M— | —— | $15M+111% | -$134M-327% | $59M-35.2% | |
| Downstream | $604M-42.8% | $1.06B+231% | $319M-50.2% | $641M-52.7% | $1.36B+174% | |
| Upstream | $121M-87.5% | $969M-31.5% | $1.42B+38.6% | $1.02B+408% | $201M-84.7% | |
| Depreciation and depletion (includes impairments) by Business | ||||||
| Chemical | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | |
| Downstream | $56M-3.4% | $58M+3.6% | $56M+27.3% | $44M-2.2% | $45M+7.1% | |
| Upstream | $447M-23.5% | $584M+34.6% | $434M+3.8% | $418M-11.1% | $470M-0.4% | |
| Federal excise tax and fuel charge by Business | ||||||
| Chemical | $1M0.0% | $1M0.0% | $1M-50.0% | $2M+100% | $1M0.0% | |
| Downstream | $347M-6.2% | $370M-2.4% | $379M+2.4% | $370M-37.4% | $591M-5.6% | |
| Upstream | $0— | $0— | $0— | $0— | $0— | |
| Non-service pension and postretirement benefit by Business | ||||||
| Chemical | $0— | $0— | $0— | $0— | $0— | |
| Downstream | $0— | $0— | $0— | $0— | $0— | |
| Upstream | $0— | $0— | $0— | $0— | $0— | |
| Production And Manufacturing Expenses by Business | ||||||
| Chemical | $52M-25.7% | $70M+20.7% | $58M-6.5% | $62M+21.6% | $51M-15.0% | |
| Downstream | $463M-23.7% | $607M+31.4% | $462M-0.9% | $466M+2.0% | $457M-1.1% | |
| Upstream | $1.24B+343% | $279M-74.6% | $1.1B-2.6% | $1.13B-4.2% | $1.18B-2.2% | |
| Capital and exploration expenditures by Business | ||||||
| Chemical | $3M0.0% | $3M-25.0% | $4M+300% | $1M-66.7% | $3M-84.2% | |
| Downstream | $91M-24.2% | $120M+5.3% | $114M+26.7% | $90M+2.3% | $88M-35.8% | |
| Upstream | $362M-28.7% | $508M+43.9% | $353M0.0% | $353M+32.7% | $266M+20.4% | |
| Purchase of crude oil and products by Business | ||||||
| Chemical | $226M+13.6% | $199M-13.9% | $231M-3.8% | $240M-5.1% | $253M+4.1% | |
| Downstream | $12.06B+14.9% | $10.5B-9.3% | $11.58B+5.7% | $10.95B-8.6% | $11.99B-2.6% | |
| Upstream | $1.72B+21.1% | $1.42B-11.9% | $1.61B+17.8% | $1.37B-26.5% | $1.86B-1.4% | |
| Exploration Expense by Business | ||||||
| Chemical | 0%— | 0%— | 0%— | 0%— | 0%— | |
| Downstream | 0%— | 0%— | 0%— | 0%— | 0%— | |
| Upstream | 300,000,000%-100,000,000pp | 400,000,000%+300,000,000pp | 100,000,000%— | 0%-200,000,000pp | 200,000,000%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Imperial Oil break its business down?
- Imperial Oil (IMO) reports revenue by business across 5 parts — Chemical, Chemical, Downstream, Downstream and Upstream. Each is extracted from the segment footnotes and tracked over time.
- Where does Imperial Oil's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Imperial Oil's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
