Occidental Petroleum Corporation (OXY) Income Statement
OXY 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOXY revenue and net income
Where OXY's revenue goes
2025Each bar shows an amount and its share of revenue. OXY kept 11.0% of revenue as net income.
OXY profit margins
OXY growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.9% | −15.9% | +4.7% | +5.6% |
| Gross profit | −9.0% | −24.6% | +75.3% | +13.3% |
| Operating income | −20.8% | −34.6% | — | +22.7% |
| Net income | −22.1% | −43.6% | — | — |
| EPS (diluted) | −36.1% | −38.1% | — | +35.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OXY quarterly EPS vs estimates
Occidental beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 9, 2026 (estimate $1.45).
OXY income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.59B | $22.02B | $28.33B | $36.25B | $25.96B | $17.14B | $19.21B | $15.57B | $12.46B | $10.09B |
| Cost of revenue | $14.30B | $14.00B | $18.59B | $19.20B | $18.36B | $16.70B | $14.77B | $10.65B | $9.68B | $9.52B |
| Gross profit | $7.29B | $8.02B | $9.74B | $17.05B | $7.60B | $441.0M | $4.44B | $4.92B | $2.78B | $575.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $2.02B | $960.0M | $1.08B | $2.73B | $2.93B | $864.0M | $1.67B | $1.61B | $1.42B | $1.33B |
| Total operating expenses | $3.57B | $3.32B | $3.25B | $3.76B | $2.93B | $2.37B | $3.15B | $2.05B | $1.74B | $1.61B |
| Operating income | $3.72B | $4.70B | $6.49B | $13.28B | $4.67B | −$1.93B | $1.29B | $2.86B | $1.05B | −$1.03B |
| Interest income | $521.0M | $171.0M | $139.0M | $388.0M | $669.0M | $3.14B | $217.0M | $136.0M | $99.0M | $106.0M |
| Interest expense | $900.0M | $1.17B | $945.0M | $1.03B | $1.61B | $1.42B | $1.07B | $389.0M | $345.0M | $292.0M |
| Income before taxes | $3.13B | $4.02B | $6.43B | $14.12B | $3.71B | −$15.71B | $354.0M | $5.94B | $1.33B | −$1.66B |
| Income taxes | $1.02B | $1.16B | $1.73B | $813.0M | $915.0M | −$2.17B | $861.0M | $1.48B | $17.0M | −$662.0M |
| Net income | $2.37B | $3.04B | $4.67B | $13.22B | $2.31B | −$14.83B | −$667.0M | $4.11B | $1.30B | −$574.0M |
| EBITDA | $11.56B | $12.14B | $13.82B | $22.07B | $13.89B | −$6.14B | $7.65B | $10.03B | $5.37B | $2.75B |
| EPS (diluted) | $2.21 | $3.46 | $3.69 | $9.33 | $2.52 | −$3.90 | $1.62 | $5.01 | $0.89 | −$1.02 |
| Gross margin | 33.8% | 36.4% | 34.4% | 47.0% | 29.3% | 2.6% | 23.1% | 31.6% | 22.3% | 5.7% |
| Operating margin | 17.2% | 21.3% | 22.9% | 36.6% | 18.0% | −11.3% | 6.7% | 18.4% | 8.4% | −10.2% |
| Net margin | 11.0% | 13.8% | 16.5% | 36.5% | 8.9% | −86.5% | −3.5% | 26.4% | 10.5% | −5.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.33B | $5.23B | $5.01B | $6.62B | $6.32B | $6.80B | $6.92B | $7.09B | $6.88B | $6.21B | $7.34B | $7.27B |
| Cost of revenue | $1.58B | $4.61B | $3.62B | $4.46B | $4.41B | $4.35B | $4.51B | $4.49B | $4.35B | $4.10B | $4.87B | $4.59B |
| Gross profit | $6.75B | $620.0M | $1.39B | $2.16B | $1.91B | $2.46B | $2.41B | $2.60B | $2.52B | $2.11B | $2.47B | $2.68B |
| Sales, general & admin | $262.0M | $245.0M | $407.0M | $277.0M | $284.0M | $267.0M | $276.0M | $268.0M | $259.0M | $259.0M | $307.0M | $258.0M |
| Total operating expenses | $2.97B | $245.0M | $927.0M | $987.0M | $1.05B | $978.0M | $1.05B | $858.0M | $868.0M | $904.0M | $970.0M | $876.0M |
| Operating income | $3.78B | $375.0M | $467.0M | $1.17B | $857.0M | $1.48B | $1.36B | $1.74B | $1.66B | $1.21B | $1.50B | $1.80B |
| Interest income | $82.0M | $81.0M | $165.0M | $59.0M | $44.0M | $59.0M | $41.0M | $60.0M | $34.0M | $36.0M | $32.0M | $50.0M |
| Interest expense | $108.0M | $432.0M | $36.0M | $270.0M | $276.0M | $318.0M | $327.0M | $312.0M | $252.0M | $284.0M | $247.0M | $230.0M |
| Income before taxes | $3.92B | $390.0M | $406.0M | $1.17B | $738.0M | $1.33B | −$169.0M | $1.59B | $1.64B | $1.01B | $1.56B | $1.81B |
| Income taxes | $915.0M | $154.0M | $173.0M | $324.0M | $270.0M | $387.0M | −$49.0M | $454.0M | $465.0M | $304.0M | $361.0M | $434.0M |
| Net income | $2.98B | $3.35B | $102.0M | $830.0M | $431.0M | $931.0M | −$125.0M | $1.13B | $1.16B | $884.0M | $1.19B | $1.37B |
| EBITDA | $5.47B | $2.62B | $2.41B | $3.50B | $2.95B | $3.57B | $2.13B | $3.83B | $3.66B | $2.99B | $3.53B | $3.75B |
| EPS (diluted) | $2.40 | $1.06 | $0.31 | $0.64 | $0.39 | $0.87 | $0.80 | $1.00 | $1.03 | $0.63 | $0.74 | $1.18 |
| Gross margin | 81.0% | 11.9% | 27.8% | 32.6% | 30.2% | 36.1% | 34.8% | 36.7% | 36.7% | 34.0% | 33.6% | 36.9% |
| Operating margin | 45.4% | 7.2% | 9.3% | 17.7% | 13.6% | 21.7% | 19.7% | 24.6% | 24.1% | 19.4% | 20.4% | 24.8% |
| Net margin | 35.8% | 64.0% | 2.0% | 12.5% | 6.8% | 13.7% | −1.8% | 15.9% | 16.8% | 14.2% | 16.2% | 18.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OXY's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OXY financial results
In fiscal year 2025 (ended December 31, 2025), Occidental reported revenue of $21.6 billion, down 1.9% from the year before. It had net income of $2.4 billion (down 22.1%), a net profit margin of 11.0%. Diluted earnings per share came to $2.21. Over five years revenue grew at an average rate of 4.7% a year.
See the OXY stock overview for the latest quote and news, or the OXY chart for price history and technical indicators.
OXY income statement FAQ
What is Occidental's annual revenue?
Occidental reported total revenue of $21.6 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.9% from $22.0 billion the previous year.
Is Occidental profitable?
Yes. Occidental reported net income of $2.4 billion in fiscal 2025, a net profit margin of 11.0%; its operating margin was 17.2%.
What is Occidental's gross margin?
Occidental's gross margin was 33.8% in fiscal 2025: for every $100 of revenue, Occidental kept $34 after the direct cost of its products and services.
How fast is Occidental growing?
Revenue grew 4.7% a year on average over the last five fiscal years, from $17.1 billion to $21.6 billion.
What are Occidental's earnings per share?
Occidental earned $2.21 per diluted share in fiscal 2025, compared with $3.46 a year earlier.
When will Occidental report its next earnings?
Occidental is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Occidental's fiscal year end?
Occidental's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.