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Imperial Oil IMO Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Chemical$1.34B-4.4%$1.38B-5.0%$1.43B+0.5%$1.34B-13.4%$1.4B-10.5%
Chemical$963M-9.3%$989M-12.0%$1.04B-6.6%$988M-18.3%$1.06B-13.3%
Downstream$51.98B-9.3%$52.09B-8.5%$53.77B-6.3%$55.12B-4.8%$57.32B+2.3%
Downstream$45.53B-9.7%$45.64B-8.9%$46.95B-7.2%$48.27B-5.6%$50.4B+1.8%
Upstream$15.51B-15.3%$15.95B-11.5%$17.04B-4.0%$17.54B-2.3%$18.31B+7.8%
Net income (loss) by Business
Chemical$75M-48.3%$82M-52.0%$94M-43.7%$101M-37.7%$145M-13.7%
Downstream$1.9B+31.8%$1.87B+25.8%$1.71B-1.1%$1.47B-30.3%$1.44B-30.2%
Upstream$1.86B-45.8%$2.12B-34.9%$3B-4.9%$3.3B+4.6%$3.44B+25.4%
Investment And Other Income Net by Business
Chemical$0-100%$0-100%$0-100%$1M0.0%$1M0.0%
Downstream$79M+16.2%$81M+37.3%$94M+1.1%$74M-21.3%$68M-32.0%
Upstream$1M-97.2%$14M-46.2%$32M+113%$31M+244%$36M+100%
Income (loss) before income taxes by Business
Chemical10,100,000,000%-9,000,000,000pp11,100,000,000%-11,400,000,000pp12,400,000,000%-9,700,000,000pp13,300,000,000%-8,200,000,000pp19,100,000,000%-3,100,000,000pp
Downstream248,000,000,000%+61,600,000,000pp244,300,000,000%+51,400,000,000pp222,500,000,000%+300,000,000pp190,100,000,000%-83,600,000,000pp186,400,000,000%-81,600,000,000pp
Upstream244,700,000,000%-203,000,000,000pp279,100,000,000%-145,900,000,000pp391,400,000,000%-19,600,000,000pp429,600,000,000%+18,300,000,000pp447,700,000,000%+91,200,000,000pp
Income taxes by Business
Chemical$26M-43.5%$29M-46.3%$30M-44.4%$32M-39.6%$46M-14.8%
Downstream$584M+37.4%$574M+29.6%$519M+4.4%$434M-31.2%$425M-31.2%
Upstream$585M-43.9%$668M-32.4%$913M-4.5%$996M+4.0%$1.04B+26.3%
Total Assets by Business
Chemical$2.13B+11.9%$2.07B+6.6%$2.01B+3.1%$1.92B-0.9%$1.9B-0.7%
Downstream$48.62B+3.3%$46.84B+2.1%$47.43B+6.9%$46.84B+6.0%$47.07B+12.7%
Upstream$116.88B+2.4%$116.33B+2.6%$115.26B+1.0%$115B+0.7%$114.12B-0.2%
Selling and general by Business
Chemical$81M-8.0%$81M-12.0%$85M-6.6%$85M-5.6%$88M-1.1%
Downstream$731M+1.8%$725M+2.7%$721M+2.7%$722M+1.8%$718M+2.9%
Upstream$0$0$0$0$0
Costs and Expenses by Business
Chemical$1.24B+2.4%$1.27B+3.4%$1.3B+8.7%$1.21B-9.5%$1.21B-10.0%
Downstream$49.5B-10.7%$49.65B-9.8%$51.55B-6.5%$53.22B-3.6%$55.46B+4.0%
Upstream$13.08B-5.4%$13.18B-4.3%$13.12B-3.7%$13.24B-4.3%$13.83B+3.1%
Financing by Business
Chemical$0$0$0$0$0
Downstream$0$0$0$0$0
Upstream-$2M+77.8%-$14M-450%-$9M-213%-$10M-211%-$9M-213%
Cash flows from (used in) operating activities by Business
Downstream$2.62B+9.3%$3.37B+221%$2.81B+188%$2.66B+123%$2.4B+132%
Upstream$3.53B-11.3%$3.61B-22.7%$3.95B-12.3%$3.83B-23.0%$3.97B-9.5%
Depreciation and depletion (includes impairments) by Business
Chemical$16M+6.7%$16M+6.7%$16M0.0%$15M0.0%$15M0.0%
Downstream$214M+18.2%$203M+12.2%$187M0.0%$179M-3.2%$181M-1.1%
Upstream$1.88B+5.5%$1.91B+9.1%$1.79B+5.2%$1.81B+7.8%$1.79B+6.4%
Federal excise tax and fuel charge by Business
Chemical$5M+25.0%$5M+25.0%$5M+33.3%$5M+42.9%$4M+23.1%
Downstream$1.47B-42.1%$1.71B-32.4%$1.97B-21.5%$2.25B-8.1%$2.53B+6.0%
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$242M+24.1%$241M+22.3%$231M+9.5%$209M-16.1%$195M-23.5%
Downstream$2B+12.4%$1.99B+14.4%$1.85B+9.3%$1.81B+8.1%$1.78B+3.8%
Upstream$3.74B-19.3%$3.68B-20.8%$4.6B-0.5%$4.56B-4.4%$4.63B-3.9%
Capital and exploration expenditures by Business
Chemical$11M-60.7%$11M-63.3%$27M+17.4%$26M+18.2%$28M+16.7%
Downstream$415M-18.1%$412M-28.0%$429M-25.8%$448M-18.2%$507M-8.0%
Upstream$1.58B+49.5%$1.48B+37.3%$1.19B+8.8%$1.14B+9.5%$1.05B-2.1%
Purchase of crude oil and products by Business
Chemical$896M-1.4%$923M+0.8%$967M+10.0%$893M-8.5%$909M-7.5%
Downstream$45.09B-10.3%$45.02B-9.7%$46.82B-6.4%$48.26B-3.7%$50.25B+4.1%
Upstream$6.12B-17.5%$6.26B-15.0%$6.73B-7.6%$6.89B-6.6%$7.42B+7.4%
Exploration Expense by Business
Chemical0%0%0%0%0%
Downstream0%0%0%0%0%
Upstream800,000,000%+400,000,000pp700,000,000%+400,000,000pp300,000,000%-200,000,000pp300,000,000%-200,000,000pp400,000,000%-100,000,000pp

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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.