Interest Expense
Exxon Mobil Interest Expense increased by 81.0% to $295.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.9%, from $205.00M to $295.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows a downward trend with a -10.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
interest_expenseHistorical Data
| 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 | $254.00M | $214.00M | $221.00M | $188.00M | $194.00M | $209.00M | $207.00M | $159.00M | $249.00M | $169.00M | $272.00M | $221.00M | $271.00M | $207.00M | $297.00M | $205.00M | $145.00M | $90.00M | $163.00M | $295.00M |
| QoQ Change | — | -15.7% | +3.3% | -14.9% | +3.2% | +7.7% | -1.0% | -23.2% | +56.6% | -32.1% | +60.9% | -18.8% | +22.6% | -23.6% | +43.5% | -31.0% | -29.3% | -37.9% | +81.1% | +81.0% |
| YoY Change | — | — | — | — | -23.6% | -2.3% | -6.3% | -15.4% | +28.4% | -19.1% | +31.4% | +39.0% | +8.8% | +22.5% | +9.2% | -7.2% | -46.5% | -56.5% | -45.1% | +43.9% |
Business Segments
| Segment | FY'21 | FY'22 |
|---|---|---|
| Corporateandfinancingmember | $844.00M | $699.00M |
| Total | $947.00M | $798.00M |
All segment values are derived from annual filings.
Corporateandfinancingmember was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Non-U.S. | $20.00M | $17.00M | $41.00M | $7.00M | $19.00M | $28.00M | $34.00M | $9.00M |
| Total | $271.00M | $207.00M | $297.00M | $205.00M | $145.00M | $90.00M | $163.00M | $295.00M |
Interest Expense at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's interest expense?
- Exxon Mobil (XOM) reported interest expense of $295.00M in Q1 2026.
- How has Exxon Mobil's interest expense changed year-over-year?
- Exxon Mobil's interest expense increased by 43.9% year-over-year, from $205.00M to $295.00M.
- What is the long-term trend for Exxon Mobil's interest expense?
- Over 4 years (2021 to 2025), Exxon Mobil's interest expense has grown at a -10.7% compound annual growth rate (CAGR), from $947.00M to $603.00M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.