Exxon Mobil Downstream United States — Earnings (Loss) after income tax decreased by 35.7% to $4.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 45.8%, from $7.71B to $4.18B. Over 2 years (FY 2023 to FY 2025), Downstream United States — Earnings (Loss) after income tax shows a downward trend with a -10.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates improved refining margins or operational cost efficiencies, while a decrease suggests margin compression or higher operating expenses.
This metric represents the net profitability of the downstream refining and marketing operations located within the Unit...
Peers like Chevron or Valero report similar segment-level net income, often benchmarked against regional crack spreads.
xom_segment_downstream_united_states_member_earnings_loss_after_income_tax| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q1 '22 | 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 | $4.69B | -$149.00M | $6.75B | $663.00M | $8.87B | $5.48B | $685.00M | $17.85B | $19.66B | $12.75B | $11.43B | $7.88B | $9.07B | $7.63B | $8.22B | $9.24B | $8.61B | $7.61B | $7.71B | $7.08B | $7.55B | $6.50B | $4.18B |
| QoQ Change | — | -103.2% | >999% | -90.2% | >999% | -38.2% | -87.5% | >999% | +10.1% | -35.1% | -10.4% | -31.1% | +15.1% | -15.9% | +7.7% | +12.4% | -6.8% | -11.6% | +1.4% | -8.2% | +6.6% | -13.9% | -35.7% |
| YoY Change | — | — | — | — | — | — | — | +280.6% | +191.3% | +43.7% | +108.6% | -55.9% | -53.9% | -40.2% | -28.1% | +17.3% | -5.1% | -0.3% | -6.2% | -23.4% | -12.3% | -14.6% | -45.8% |