Occidental Petroleum Net Income increased by 2846.5% to $3.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 255.4%, from $945.00M to $3.36B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a 0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
net_income_cf| 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 | $103.00M | $828.00M | $1.54B | $4.88B | $3.76B | $2.75B | $1.93B | $1.26B | $860.00M | $1.38B | $1.20B | $888.00M | $1.17B | $1.14B | $0.00 | $945.00M | $468.00M | $842.00M | $114.00M | $3.36B |
| QoQ Change | — | +703.9% | +85.6% | +217.2% | -23.0% | -26.9% | -29.8% | -34.5% | -31.9% | +59.9% | -12.9% | -25.9% | +31.8% | -2.6% | -100.0% | — | -50.5% | +79.9% | -86.5% | >999% |
| YoY Change | — | — | — | — | >999% | +231.6% | +25.4% | -74.1% | -77.1% | -49.9% | -37.8% | -29.7% | +36.0% | -17.1% | -100.0% | +6.4% | -60.0% | -26.1% | — | +255.4% |
| Segment | Q1 '22 |
|---|---|
| Oil And Gas | $2.90B |
| Total | $4.88B |
Oil And Gas was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Oil and gas | $3.20B | $1.64B | $1.06B | $1.97B | $1.57B | $1.24B | $1.64B | $1.17B |
| Midstream and marketing | — | — | — | — | — | — | $116.00M | $631.00M |
| Total | $1.93B | $1.26B | $860.00M | $1.38B | $1.20B | $888.00M | $1.17B | $1.14B |
Chemical, Midstream and marketing, Oil and gas were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.