Filing Flows › Occidental Petroleum (OXY) › Q1 2026 › vs Q1 2025
Occidental Petroleum (OXY) Q1 2026 vs Q1 2025 (year over year)
Occidental Petroleum's revenue fell $474M (-8%) from $5.7B in Q1 2025 to $5.2B in Q1 2026. Operating margin 67.2% against 22.7% (+44.5 pts).
Occidental Petroleum, Q1 2026: revenue $5.2B (-8% year over year), operating margin 67.2%, net earnings $3.2B, operating cash flow $1.3B. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 67.2% | 22.7% | +44.5 pts |
| Net margin | 60.3% | 13.3% | +47.0 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.2B | $5.7B | −$474M | -8% |
| Operating profit | $3.5B | $1.3B | $2.2B | +172% |
| Costs & expenses | $1.7B | $4.4B | −$2.7B | -61% |
| Pre-tax earnings | $3.5B | $1.3B | $2.2B | +172% |
| SG&A | $245M | $241M | $4.0M | +2% |
| Other operating costs | $1.5B | $3.4B | −$1.9B | -56% |
| Net earnings | $3.2B | $761M | $2.4B | +315% |
| Minority interests | $204M | $184M | $20.0M | +11% |
| Income tax | $154M | $347M | −$193M | -56% |
| Operating cash sources | $4.9B | $2.6B | $2.4B | +93% |
| Depreciation & amortization | $1.8B | $1.8B | −$10.0M | -0.6% |
| Working capital & other | $3.7B | $417M | $3.3B | +780% |
| Operating cash flow | $1.3B | $2.1B | −$867M | -40% |
| Capital expenditures | $1.6B | $1.7B | −$128M | -8% |
| Negative free cash flow (OCF − capex) | $273M | −$466M | $739M | — |
Questions
How much did Occidental Petroleum's revenue grow year over year in Q1 2026?
Occidental Petroleum's revenue fell $474M (-8%) from $5.7B in Q1 2025 to $5.2B in Q1 2026. Operating margin 67.2% against 22.7% (+44.5 pts).