EXXON MOBIL CORP 10-Q

Financial Statements (unaudited)

ITEM 1. FINANCIAL STATEMENTS The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements. Due to rounding, numbers presented may not add up precisely to the totals indicated. CONDENSED CONSOLIDATED STATEMENT OF INCOME (millions of dollars, unless noted) Note Reference Number Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenues and other income Sales and other operating revenue 3 114,529 79,477 197,690 160,535 Income from equity affiliates 893 1,462 2,262 2,831 Other income 595 567 1,203 1,270 Total revenues and other income 116,017 81,506 201,155 164,636 Costs and other deductions Crude oil and product purchases 67,801 45,327 119,603 92,115 Production and manufacturing expenses 12,250 10,102 22,945 20,185 Selling, general and administrative expenses 2,483 2,528 5,167 5,068 Depreciation and depletion (includes impairments) 8,689 6,101 15,460 11,803 Exploration expenses, including dry holes (1) 155 251 281 315 Non-service pension and postretirement benefit expense 4 32 90 94 203 Interest expense 227 145 522 350 Other taxes and duties 4,956 6,257 10,692 12,292 Total costs and other deductions 96,593 70,801 174,764 142,331 Income (loss) before income taxes 19,424 10,705 26,391 22,305 Income tax expense (benefit) 4,543 3,351 7,038 6,918 Net income (loss) including noncontrolling interests 14,881 7,354 19,353 15,387 Net income (loss) attributable to noncontrolling interests 356 272 645 592 Net income (loss) attributable to ExxonMobil 14,525 7,082 18,708 14,795 Earnings (loss) per common share (dollars) 2 3.48 1.64 4.47 3.40 Earnings (loss) per common share - assuming dilution (dollars) 2 3.48 1.64 4.47 3.40 (1) Includes $ 40 million related to the write-off of exploratory well costs in 2025 that were previously capitalized for greater than one year at December 31, 2024. 4 Table of Contents CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (millions of dollars) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net income (loss) including noncontrolling interests 14,881 7,354 19,353 15,387 Other comprehensive income (net of income taxes) Foreign exchange translation adjustment ( 452 ) 2,206 ( 715 ) 2,508 Adjustment for foreign exchange translation (gain)/loss included in net income 1 — ( 4 ) — Postretirement benefits reserves adjustment (excluding amo