ExxonMobil Q3 2026: adjusted EPS $4.23 beats, cash flow surges
ExxonMobil beat on the number management steers by: adjusted EPS of $4.23 against a $4.12 consensus, while GAAP EPS of $3.72 was dragged down by $2.54 billion of unfavorable timing effects. Revenue rose 32.7% year over year to $113.16 billion. Read the quarter through cash instead of the GAAP headline: $18.47 billion of free cash flow comfortably covered $9.40 billion of dividends and buybacks.
1 · Expected vs. Actual
Free preview belowAdjusted EPS of $4.23 beat the $4.12 consensus by 2.7%, while GAAP EPS of $3.72 landed 9.7% below it. The $0.51 gap is mostly $2.54 billion of unfavorable timing effects, worth $0.61 a share, partly offset by $0.11 a share of net identified gains. Adjusted earnings of $17.51 billion were up 19.2% from the second quarter and adjusted EPS is up 20.2% over the same span.
Revenue of $113.16 billion rose 32.7% from $85.29 billion a year earlier but slipped 2.5% from $116.02 billion in the second quarter. No revenue consensus was provided, so the beat/miss test only applies to earnings. The release credits higher Energy Products margins and record year-to-date fuels utilization, and does not split the year-over-year jump into price versus volume.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-02
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