Filing Flows › Imperial Oil (IMO) › Q2 2026
Imperial Oil (IMO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Imperial Oil (IMO) reported revenue of $16.1B for the second quarter 2026 (Q2 2026), +43% from a year earlier and +29% from the quarter before. Operating margin was 17.8%, net earnings $2.2B (13.6% of revenue).
Imperial Oil, Q2 2026: revenue $16.1B (+43% year over year), operating margin 17.8%, net earnings $2.2B, operating cash flow $2.7B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.1B | +29% | +43% |
| Operating profit | $2.9B | +132% | +130% |
| Net earnings | $2.2B | +133% | +131% |
| Operating cash flow | $2.7B | +258% | +85% |
| Free cash flow | $2.2B | +674% | +119% |
What changed
Revenue was C$16.1B in Q2 2026, up 43% year over year and up 29% from the previous quarter.
Operating profit was C$2.9B, a 17.8% margin (up 6.7 points year over year). Of the extra revenue versus Q2 2025, 33% reached operating profit, above the 11% margin then. Total costs grew 32% against revenue growth of 43%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were C$2.2B, up 131% year over year. The effective tax rate was 23.4%.
Operating cash flow was C$2.7B (up 85% year over year), 123% of net earnings. Non-cash charges added back C$0.51B of depreciation and amortization. Capital expenditures of C$0.53B left free cash flow of C$2.2B.
Questions
What was Imperial Oil's revenue in the second quarter 2026?
Imperial Oil (IMO) reported revenue of $16.1B for the second quarter 2026 (Q2 2026), +43% from a year earlier and +29% from the quarter before.
Was Imperial Oil profitable in the second quarter 2026?
Operating profit was $2.9B (17.8% of revenue) and net earnings $2.2B.
Source: Imperial Oil 10-Q on SEC EDGAR.