Business Segments · Net Income Loss

Upstream — Net Income Loss

Exxon Mobil Upstream — Net Income Loss 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 4 years (FY 2021 to FY 2025), Upstream — Net Income Loss shows an upward trend with a 5.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2025
Last reportedQ1 2026
Rolls up toNet Income

How to read this metric

An increase indicates improved operational efficiency or higher commodity prices, while a decrease suggests rising production costs or lower market prices for oil and gas.

Detailed definition

Represents the net profit or loss generated specifically by the exploration and production segment of the business. It r...

Peer comparison

Standard across integrated oil and gas companies as 'Upstream Earnings' or 'Exploration and Production Net Income'.

Metric ID: xom_segment_upstream_net_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.69B$6.75B$8.87B$5.48B$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+43.9%+31.4%-38.2%+225.7%+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%
Range$4.18B$19.66B
CAGR-2.4%
Avg YoY Growth+22.2%
Median YoY Growth-9.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is Exxon Mobil's upstream — net income loss?
Exxon Mobil (XOM) reported upstream — net income loss of $4.18B in Q1 2026.
How has Exxon Mobil's upstream — net income loss changed year-over-year?
Exxon Mobil's upstream — net income loss decreased by 45.8% year-over-year, from $7.71B to $4.18B.
What is the long-term trend for Exxon Mobil's upstream — net income loss?
Over 4 years (2021 to 2025), Exxon Mobil's upstream — net income loss has grown at a 5.8% compound annual growth rate (CAGR), from $23.04B to $28.84B.
What does upstream — net income loss mean?
The total profit or loss generated by the company's oil and gas exploration and production operations.