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EOG Resources (EOG) operating margin by quarter

EOG Resources' operating margin was 41.9% in Q3 2026 (third quarter 2026), +1.0 pts from Q2 2026. Over the last 7 quarters it ranged from 16.7% (Q4 2025) to 41.9% (Q3 2026).

EOG Resources operating margin by quarterEOG Resources operating margin by quarter32.8%Q1 202531.9%Q2 202531.4%Q3 202516.7%Q4 202537.5%Q1 202640.9%Q2 202641.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202641.9%+1.0 pts+10.5 pts
Q2 202640.9%+3.4 pts+9.0 pts
Q1 202637.5%+20.8 pts+4.7 pts
Q4 202516.7%-14.7 pts—
Q3 202531.4%-0.5 pts—
Q2 202531.9%-0.9 pts—
Q1 202532.8%——

Q3 2026 at a glance

EOG Resources, Q3 2026: revenue $8.5B (+46% year over year), operating margin 41.9%, net earnings $2.8B, operating cash flow $3.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is EOG Resources' operating margin?

EOG Resources' operating margin was 41.9% in Q3 2026 (third quarter 2026), +1.0 pts from Q2 2026.

How has EOG Resources' operating margin changed?

Over the last 7 quarters it ranged from 16.7% (Q4 2025) to 41.9% (Q3 2026).

Q3 2026 results → · How EOG Resources makes money →