Imperial Oil Limited (IMO) Income Statement
IMO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIMO revenue and net income
Where IMO's revenue goes
2025Each bar shows an amount and its share of revenue. IMO kept 6.9% of revenue as net income.
IMO profit margins
IMO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +25.5% | +11.5% | +10.1% | — |
| Gross profit | +64.1% | +28.3% | +21.8% | — |
| Operating income | −17.3% | +6.7% | +10.7% | — |
| Net income | +31.8% | +14.1% | +46.2% | — |
| EPS (diluted) | +144.1% | +62.4% | +52.6% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IMO quarterly EPS vs estimates
Imperial Oil beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: October 30, 2026 (estimate $3.98).
IMO income statement
| 2025 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.08B | $37.51B | $22.28B | $34.00B | $34.96B | $29.12B | $23.40B | $25.19B |
| Cost of revenue | $37.08B | $31.42B | $20.56B | $29.27B | $29.33B | $25.40B | $20.23B | $20.72B |
| Gross profit | $9.99B | $6.09B | $1.72B | $4.73B | $5.63B | $3.72B | $3.17B | $4.47B |
| Research & development | — | $89.0M | $105.0M | $133.0M | $110.0M | $111.0M | $152.0M | $195.0M |
| Sales, general & admin | $1.38B | $868.0M | $862.0M | $1.04B | $1.01B | $1.00B | $1.25B | $1.12B |
| Total operating expenses | $5.74B | $947.0M | $980.0M | $1.22B | $1.14B | $1.16B | $1.47B | $1.39B |
| Operating income | $4.25B | $5.14B | $740.0M | $3.50B | $4.49B | $2.56B | $1.70B | $3.08B |
| Interest income | $139.0M | $6.0M | $8.0M | $37.0M | $8.0M | $42.0M | $325.0M | $19.0M |
| Interest expense | $26.0M | $54.0M | $64.0M | $93.0M | $108.0M | $78.0M | $72.0M | $39.0M |
| Income before taxes | $4.26B | $3.28B | −$2.41B | $2.05B | $3.07B | $582.0M | $2.44B | $1.92B |
| Income taxes | $994.0M | $804.0M | −$551.0M | −$154.0M | $759.0M | $92.0M | $279.0M | $801.0M |
| Net income | $3.27B | $2.48B | −$1.86B | $2.20B | $2.31B | $490.0M | $2.17B | $1.12B |
| EBITDA | $6.84B | $5.23B | $2.38B | $3.64B | $4.60B | $2.53B | $1.83B | $3.28B |
| EPS (diluted) | $8.52 | $3.49 | −$0.29 | $1.99 | $2.87 | $1.03 | $0.54 | $1.70 |
| Gross margin | 21.2% | 16.2% | 7.7% | 13.9% | 16.1% | 12.8% | 13.6% | 17.7% |
| Operating margin | 9.0% | 13.7% | 3.3% | 10.3% | 12.8% | 8.8% | 7.3% | 12.2% |
| Net margin | 6.9% | 6.6% | −8.3% | 6.5% | 6.6% | 1.7% | 9.3% | 4.5% |
| Dec '25 | Sep '23 | Sep '22 | |
|---|---|---|---|
| Revenue | $11.28B | $13.87B | $15.07B |
| Cost of revenue | $9.36B | $11.07B | $11.93B |
| Gross profit | $1.92B | $2.81B | $3.14B |
| Research & development | $134.0M | — | — |
| Sales, general & admin | $216.9M | $257.0M | $217.0M |
| Total operating expenses | $1.30B | $258.0M | $214.0M |
| Operating income | $625.0M | $2.55B | $2.92B |
| Interest income | $12.0M | $34.0M | $6.0M |
| Interest expense | $10.0M | $19.0M | $16.0M |
| Income before taxes | $629.0M | $2.10B | $2.50B |
| Income taxes | $137.0M | $499.0M | $474.0M |
| Net income | $492.0M | $1.60B | $2.03B |
| EBITDA | $1.29B | $2.55B | $2.92B |
| EPS (diluted) | $1.97 | $2.76 | $2.91 |
| Gross margin | 17.0% | 20.2% | 20.8% |
| Operating margin | 5.5% | 18.4% | 19.4% |
| Net margin | 4.4% | 11.5% | 13.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IMO's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IMO financial results
In fiscal year 2025 (ended December 31, 2025), Imperial Oil reported revenue of $47.1 billion, up 25.5% from the year before. It had net income of $3.3 billion (up 31.8%), a net profit margin of 6.9%. Diluted earnings per share came to $8.52. Over five years revenue grew at an average rate of 10.1% a year.
See the IMO stock overview for the latest quote and news, or the IMO chart for price history and technical indicators.
IMO income statement FAQ
What is Imperial Oil's annual revenue?
Imperial Oil reported total revenue of $47.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 25.5% from $37.5 billion the previous year.
Is Imperial Oil profitable?
Yes. Imperial Oil reported net income of $3.3 billion in fiscal 2025, a net profit margin of 6.9%; its operating margin was 9.0%.
What is Imperial Oil's gross margin?
Imperial Oil's gross margin was 21.2% in fiscal 2025: for every $100 of revenue, Imperial Oil kept $21 after the direct cost of its products and services.
How fast is Imperial Oil growing?
Revenue grew 10.1% a year on average over the last five fiscal years, from $29.1 billion to $47.1 billion.
What are Imperial Oil's earnings per share?
Imperial Oil earned $8.52 per diluted share in fiscal 2025, compared with $3.49 a year earlier.
When will Imperial Oil report its next earnings?
Imperial Oil is expected to report results for the quarter ending September 30, 2026 on October 30, 2026 before the market opens.
When does Imperial Oil's fiscal year end?
Imperial Oil's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.