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What Do They Do?

Explores for and produces oil and natural gas, and makes and sells fuels and chemicals to industrial and individual consumers.

How Do They Make Money?

Customers generally buy crude oil, natural gas, petroleum and chemical products under short-term agreements at market prices and typically pay within 30 days; some natural gas sales use longer agreements with periodic price adjustments.

FY2025 revenue by product or service revenue
SegmentShareRevenue
Sales and other operating revenue
Sold outright

97%
FY2022: 96%
Income from equity affiliates
1.6%
FY2022: 2.9%
Other income
0.6%
FY2022: 0.6%

Who Are Their Customers?

Serves industrial and individual consumers with energy, fuel, and chemical products. Divisions and affiliated companies operate or market products in the United States and most other countries.

Do Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 7 cents into free cash flow.

Net income, FY2025
9% of revenue
▼ −12% vs FY2024 ($33.7B, 10%)
Free cash flow, FY2025
7% of revenue
▼ −23% vs FY2024 ($30.7B, 9%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +42%
vs $81.5B in Q2 FY2025
Net income
▲ +102%
vs $7.4B in Q2 FY2025
Sales and other operating revenue share of revenue vs 97.5% in Q2 FY2025
  • Jul 1, 2026 Redomiciliation merger moved the listing to a new holding company Former shareholders became shareholders of ExxonMobil Holdings Corporation, which replaced ExxonMobil as the publicly traded company on the NYSE.

Growing. Revenue grew 16% in 4 years, from $285.6B in FY2021 to $332.2B in FY2025, about 4% a year.

Broader new business opportunities The latest description adds Proxxima resin systems, carbon materials, low-carbon data centers, and lithium to its lower-emission and other new opportunities; the older report listed carbon capture and storage, hydrogen, and lower-emission fuels.

Revenue over time
Sales and other operating revenue Income from equity affiliates Other income
$500B$250B$0

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