Filing Flows › EOG Resources (EOG) › Q3 2026
EOG Resources (EOG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
EOG Resources (EOG) reported revenue of $8.5B for the third quarter 2026 (Q3 2026), +46% from a year earlier and -0.8% from the quarter before. Operating margin was 41.9%, net earnings $2.8B (32.5% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5B | -0.8% | +46% |
| Operating profit | $3.6B | +2% | +95% |
| Net earnings | $2.8B | +2% | +89% |
| Operating cash flow | $3.8B | -18% | +23% |
| Free cash flow | $2.3B | -23% | +44% |
What changed
Revenue was $8.5B in Q3 2026, up 46% year over year and down 1% from the previous quarter. United States was the largest line at 99% of revenue. United States added $2.7B year over year (up 46%), 99% of the total change.
Operating profit was $3.6B, a 41.9% margin (up 10.5 points year over year). Of the extra revenue versus Q3 2025, 65% reached operating profit, above the 31% margin then. Total costs grew 24% against revenue growth of 46%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $2.8B, up 89% year over year. The effective tax rate was 22.0%.
Operating cash flow was $3.8B (up 23% year over year), 137% 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 used $0.32B. Capital expenditures of $1.5B left free cash flow of $2.3B.
Questions
What was EOG Resources' revenue in the third quarter 2026?
EOG Resources (EOG) reported revenue of $8.5B for the third quarter 2026 (Q3 2026), +46% from a year earlier and -0.8% from the quarter before.
Was EOG Resources profitable in the third quarter 2026?
Operating profit was $3.6B (41.9% of revenue) and net earnings $2.8B.
Source: EOG Resources 10-Q on SEC EDGAR.