Current Liabilities
Income Taxes Payable
Exxon Mobil Income Taxes Payable increased by 30.0% to $2.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 46.1%, from $5.11B to $2.76B. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows an upward trend with a 25.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical 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 | $1.17B | $1.63B | $1.60B | $3.67B | $4.79B | $5.33B | $5.21B | $4.44B | $3.48B | $4.19B | $3.19B | $4.16B | $4.04B | $3.84B | $4.06B | $5.11B | $3.02B | $3.26B | $2.12B | $2.76B |
| QoQ Change | — | +40.2% | -2.0% | +129.4% | +30.3% | +11.3% | -2.1% | -14.9% | -21.5% | +20.2% | -23.8% | +30.5% | -3.1% | -4.8% | +5.5% | +26.1% | -41.0% | +7.9% | -34.8% | +30.0% |
| YoY Change | — | — | — | — | +310.7% | +226.1% | +225.7% | +20.8% | -27.2% | -21.4% | -38.8% | -6.1% | +15.9% | -8.2% | +27.2% | +22.8% | -25.2% | -15.3% | -47.6% | -46.1% |
Range$1.17B – $5.33B
CAGR+19.9%
Avg YoY Growth+38.3%
Median YoY Growth-7.2%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's income taxes payable?
- Exxon Mobil (XOM) reported income taxes payable of $2.76B in Q1 2026.
- How has Exxon Mobil's income taxes payable changed year-over-year?
- Exxon Mobil's income taxes payable decreased by 46.1% year-over-year, from $5.11B to $2.76B.
- What is the long-term trend for Exxon Mobil's income taxes payable?
- Over 5 years (2020 to 2025), Exxon Mobil's income taxes payable has grown at a 25.4% compound annual growth rate (CAGR), from $684.00M to $2.12B.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.