Filing Flows › EOG Resources (EOG) › Q2 2026 › vs Q2 2025
EOG Resources (EOG) Q2 2026 vs Q2 2025 (year over year)
EOG Resources's revenue rose $3.1B (+57%) from $5.5B in Q2 2025 to $8.6B in Q2 2026. The biggest changes: United States +$3.1B (+58%); Trinidad +$37.0M (+41%); Other International +$8.0M (+267%). Operating margin 40.9% against 31.9% (+9.0 pts).
EOG Resources, Q2 2026: revenue $8.6B (+57% year over year), operating margin 40.9%, net earnings $2.7B, operating cash flow $4.7B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 40.9% | 31.9% | +9.0 pts |
| Net margin | 31.6% | 24.6% | +7.0 pts |
| Free cash flow margin | 35.2% | 6.1% | +29.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| United States | $8.5B | $5.4B | $3.1B | +58% |
| Trinidad | $127M | $90.0M | $37.0M | +41% |
| Other International | $11.0M | $3.0M | $8.0M | +267% |
| Revenue | $8.6B | $5.5B | $3.1B | +57% |
| Operating profit | $3.5B | $1.7B | $1.8B | +102% |
| Costs & expenses | $5.1B | $3.7B | $1.4B | +36% |
| Pre-tax earnings | $3.5B | $1.8B | $1.7B | +100% |
| Other expense, net | $29.0M | −$4.0M | $33.0M | — |
| General & admin | $213M | $186M | $27.0M | +15% |
| Other operating costs | $4.9B | $3.5B | $1.3B | +38% |
| Net earnings | $2.7B | $1.3B | $1.4B | +103% |
| Income tax | $775M | $406M | $369M | +91% |
| Depreciation & amortization | $1.3B | $1.1B | $206M | +20% |
| Share-based compensation | $60.0M | $53.0M | $7.0M | +13% |
| Working capital & other | $626M | −$419M | $1.0B | — |
| Operating cash flow | $4.7B | $2.0B | $2.6B | +130% |
| Free cash flow (OCF − capex) | $3.0B | $333M | $2.7B | +810% |
| Capital expenditures | $1.6B | $1.7B | −$61.0M | -4% |
Questions
How much did EOG Resources's revenue grow year over year in Q2 2026?
EOG Resources's revenue rose $3.1B (+57%) from $5.5B in Q2 2025 to $8.6B in Q2 2026.
What drove EOG Resources's revenue change in Q2 2026?
United States +$3.1B (+58%); Trinidad +$37.0M (+41%); Other International +$8.0M (+267%).