ExxonMobil Holdings posted 2Q26 U.S. GAAP earnings of $14.5 billion, up from $4.18 billion in 1Q26; EPS rose to $3.48.
Adjusted earnings (non-GAAP) climbed to $14.7 billion from $8.77 billion; adjusted EPS increased to $3.52 from $2.09.
Cash flow from operating activities rose to $23.6 billion from $8.71 billion; free cash flow increased to $17.24 billion from $2.7 billion.
Segment performance improved and dividend declared
Upstream U.S. GAAP segment profit rose to $7.93 billion from $5.74 billion, while Energy Products swung to profit of $5.47 billion from a loss of $1.26 billion.
Darren Woods said the quarter was “shaped by disruption, but defined by execution,” as the company declared a $1.03 third-quarter dividend.