ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a decline from the $33.7 billion recorded in the previous year.

For the fourth quarter of 2025 (Q4), the energy major announced earnings of $6.5 billion. This quarterly result followed a stronger performance in Q3 2025, when earnings reached $7.5 billion.

The company noted that earnings were primarily pressured by weaker crude prices and lower chemical margins. Additional headwinds included higher depreciation and increased growth-related costs.

However, these impacts were partially offset by advantaged volume growth and structural cost savings. High industry refining margins and favorable timing effects also contributed to mitigating the decline.

ExxonMobil maintained a strong liquidity position throughout the final quarter. Cash flow from operating activities totaled $12.7 billion in Q4 2025. During the same period, the company recorded a free cash flow of $5.6 billion.

A core component of the company’s long-term strategy remains its aggressive cost-management program. ExxonMobil has generated cumulative structural cost savings of $15.1 billion since 2019. In 2025 alone, the company achieved $3.0 billion in additional savings. Management expects these structural savings to reach $20 billion by 2030.

ExxonMobil is one of the world’s largest publicly traded oil and gas companies, headquartered in Irving, Texas, USA. It operates across the full energy value chain, including exploration, production, refining, and marketing of oil and natural gas, as well as chemical manufacturing.

ExxonMobil has a global presence, with operations in over 50 countries, and is known for its technological expertise in deepwater drilling, oil sands, and liquefied natural gas (LNG). It is also investing in low-carbon solutions, such as carbon capture and hydrogen.