Occidental Petroleum Corporation (OXY) income statement
NYSE · Energy · Oil & Gas Exploration & Production · 10,412 employees · CEO Richard A. Jackson
- Price
- $64.00 +1.57%
- Market cap
- $64B
- Enterprise value
- $74.5B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-09
Occidental Petroleum Corporation (OXY) reported revenue of $8.33B for Q2 '26 (+31.8% year on year), operating income of $3.78B (45.4% of revenue) and net income of $2.98B. Over the last four quarters revenue was $25.2B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.27B | $7.34B | $5.98B | $6.82B | $7.17B | $6.76B | $6.8B | $6.32B | $6.62B | $5.01B | $5.23B | $8.33B | |
| Cost of revenue | $4.59B | $4.87B | $4.1B | $4.35B | $4.49B | $4.51B | $4.35B | $4.41B | $4.46B | $3.62B | $4.61B | $1.58B | |
| Gross profit | $2.68B | $2.47B | $1.87B | $2.47B | $2.69B | $2.25B | $2.46B | $1.91B | $2.16B | $1.39B | $620M | $6.75B | |
| General & administrative | $0 | $0 | $259M | $259M | $268M | $276M | $0 | $0 | $0 | $0 | $245M | $262M | |
| Other operating expenses | $618M | $663M | $657M | $623M | $660M | $776M | $711M | $766M | $710M | $677M | $0 | $2.7B | |
| Operating expenses | $876M | $970M | $916M | $882M | $928M | $1.05B | $978M | $1.05B | $987M | $927M | $245M | $2.97B | |
| Operating income | $1.81B | $1.5B | $958M | $1.58B | $1.76B | $1.2B | $1.48B | $857M | $1.17B | $467M | $375M | $3.78B | |
| Interest income | $50M | $32M | $36M | $34M | $60M | $41M | $59M | $44M | $59M | $57M | $0 | $82M | |
| Interest expense | $230M | $247M | $284M | $252M | $312M | $327M | $318M | $276M | $270M | $36M | $432M | $108M | |
| Other non-operating income (gains on investments, FX ...) | -$234M | -$307M | -$336M | -$304M | -$147M | $1.04B | -$173M | -$157M | -$262M | $25M | -$447M | $160M | |
| Total non-operating income | $4M | $60M | $52M | $52M | -$165M | -$1.37B | -$145M | -$119M | -$8M | -$61M | $15M | $134M | |
| Income before tax | $1.81B | $1.56B | $1.01B | $1.64B | $1.59B | -$169M | $1.33B | $738M | $1.17B | $406M | $390M | $3.92B | |
| Income tax | $434M | $361M | $304M | $465M | $454M | -$49M | $387M | $270M | $324M | $173M | $154M | $915M | |
| Net income | $1.37B | $1.19B | $888M | $1.16B | $1.13B | -$125M | $931M | $431M | $830M | $102M | $3.35B | $2.98B | |
| EPS (basic) | $1.30 | $1.16 | $0.81 | $1.10 | $1.03 | -$0.31 | $0.81 | $0.27 | $0.67 | -$0.07 | $3.25 | $2.80 | |
| EPS (diluted) | $1.20 | $1.08 | $0.75 | $1.03 | $0.98 | -$0.31 | $0.77 | $0.26 | $0.65 | -$0.07 | $3.17 | $2.75 | |
| Shares (basic, weighted) | 884M | 881M | 884M | 894M | 928M | 941M | 941M | 985M | 986M | 988M | 976M | 997M | |
| Shares (diluted, weighted) | 958M | 950M | 949M | 959M | 976M | 941M | 983M | 1.01B | 1B | 1B | 1B | 1.01B | |
| Depreciation & amortization | $1.71B | $1.72B | $1.69B | $1.78B | $1.93B | $1.98B | $1.8B | $1.82B | $2.06B | $1.97B | $1.79B | $1.85B | |
| EBITDA | $3.75B | $3.53B | $2.99B | $3.66B | $3.83B | $2.14B | $3.45B | $2.84B | $3.5B | $2.41B | $2.62B | $5.47B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.1B | $12.5B | $15.6B | $19.2B | $17.1B | $26B | $36.3B | $28.3B | $22B | $21.6B | |
| Cost of revenue | $9.52B | $9.68B | $10.7B | $14.8B | $16.7B | $18.4B | $19.2B | $18.6B | $14B | $14.3B | |
| Gross profit | $575M | $2.78B | $4.92B | $4.44B | $441M | $7.6B | $17B | $9.74B | $8.02B | $7.29B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $960M | $0 | |
| Other operating expenses | $277M | $311M | $1.47B | $2.27B | $1.51B | $2.07B | $2.82B | $2.17B | $2.36B | $2.59B | |
| Operating expenses | $1.61B | $1.74B | $2.05B | $3.15B | $2.37B | $2.93B | $3.76B | $3.25B | $3.32B | $3.57B | |
| Operating income | -$1.03B | $1.05B | $2.86B | $1.29B | -$1.93B | $4.67B | $13.3B | $6.49B | $4.7B | $3.72B | |
| Interest income | $106M | $99M | $136M | $217M | $118M | $166M | $153M | $139M | $192M | $219M | |
| Interest expense | $292M | $345M | $389M | $1.07B | $1.42B | $1.61B | $1.03B | $945M | $1.17B | $900M | |
| Other non-operating income (gains on investments, FX ...) | $521M | -$269M | -$3.13B | -$134M | $12.4B | -$648M | -$1.86B | -$886M | -$495M | -$306M | |
| Total non-operating income | -$632M | $281M | $3.08B | -$932M | -$13.8B | -$966M | $833M | -$59M | -$674M | -$594M | |
| Income before tax | -$1.66B | $1.33B | $5.94B | $354M | -$15.7B | $3.71B | $14.1B | $6.43B | $4.02B | $3.13B | |
| Income tax | -$662M | $17M | $1.48B | $861M | -$2.17B | $915M | $813M | $1.73B | $1.16B | $1.02B | |
| Net income | -$574M | $1.31B | $4.11B | -$667M | -$14.8B | $2.31B | $13.2B | $4.67B | $3.04B | $2.37B | |
| EPS (basic) | -$0.75 | $1.71 | $5.40 | -$1.22 | -$17.06 | $1.62 | $13.41 | $4.22 | $2.59 | $1.69 | |
| EPS (diluted) | -$0.75 | $1.70 | $5.39 | -$1.22 | -$17.06 | $1.58 | $12.40 | $3.90 | $2.44 | $1.61 | |
| Shares (basic, weighted) | 764M | 765M | 762M | 810M | 919M | 935M | 926M | 889M | 912M | 976M | |
| Shares (diluted, weighted) | 764M | 766M | 763M | 810M | 919M | 959M | 1B | 961M | 967M | 1B | |
| Depreciation & amortization | $4.3B | $4.05B | $3.98B | $6.14B | $8.1B | $8.45B | $6.93B | $6.45B | $6.95B | $7.53B | |
| EBITDA | $2.75B | $5.37B | $9.97B | $7.56B | -$6.18B | $13.8B | $22.1B | $13.8B | $12.1B | $11.6B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01