Filing Flows › EOG Resources (EOG) › Q2 2026
EOG Resources (EOG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
EOG Resources (EOG) reported revenue of $8.6B for the second quarter 2026 (Q2 2026), +57% from a year earlier and +25% from the quarter before. Operating margin was 40.9%, net earnings $2.7B (31.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.6B | +25% | +57% |
| Operating profit | $3.5B | +36% | +102% |
| Net earnings | $2.7B | +38% | +103% |
| Operating cash flow | $4.7B | +57% | +130% |
| Free cash flow | $3.0B | +105% | +810% |
What changed
Revenue was $8.6B in Q2 2026, up 57% year over year and up 25% from the previous quarter. United States was the largest line at 98% of revenue. United States added $3.1B year over year (up 58%), 99% of the total change.
Operating profit was $3.5B, a 40.9% margin (up 9.0 points year over year). Of the extra revenue versus Q2 2025, 57% reached operating profit, above the 32% margin then. Total costs grew 36% against revenue growth of 57%. The fastest-growing cost line was Other operating costs (+38%). Net earnings were $2.7B, up 103% year over year. The effective tax rate was 22.1%.
Operating cash flow was $4.7B (up 130% year over year), 171% of net earnings. Non-cash charges added back $1.3B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $0.63B. Capital expenditures of $1.6B left free cash flow of $3.0B.
Questions
What was EOG Resources' revenue in the second quarter 2026?
EOG Resources (EOG) reported revenue of $8.6B for the second quarter 2026 (Q2 2026), +57% from a year earlier and +25% from the quarter before.
Was EOG Resources profitable in the second quarter 2026?
Operating profit was $3.5B (40.9% of revenue) and net earnings $2.7B.
Source: EOG Resources 10-Q on SEC EDGAR.