Filing Flows › Occidental Petroleum (OXY) › Q1 2026 › vs Q4 2025
Occidental Petroleum (OXY) Q1 2026 vs Q4 2025 (quarter over quarter)
Occidental Petroleum's revenue rose $3.5B (+199%) from $1.8B in Q4 2025 to $5.2B in Q1 2026. Operating margin 67.2% against 8.8% (+58.4 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 Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 67.2% | 8.8% | +58.4 pts |
| Net margin | 60.3% | -3.8% | +64.1 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.2B | $1.8B | $3.5B | +199% |
| Operating profit | $3.5B | $154M | $3.4B | 23× |
| Costs & expenses | $1.7B | $1.6B | $119M | +7% |
| Pre-tax earnings | $3.5B | $154M | $3.4B | 23× |
| SG&A | $245M | $158M | $87.0M | +55% |
| Other operating costs | $1.5B | $1.4B | $32.0M | +2% |
| Net earnings | $3.2B | −$67.0M | $3.2B | — |
| Minority interests | $204M | $181M | $23.0M | +13% |
| Income tax | $154M | $40.0M | $114M | +285% |
| Operating cash sources | $4.9B | $1.6B | $3.4B | +219% |
| Depreciation & amortization | $1.8B | $1.6B | $175M | +11% |
| Working capital & other | $3.7B | −$1.1B | $4.8B | — |
| Operating cash flow | $1.3B | $2.6B | −$1.4B | -51% |
| Capital expenditures | $1.6B | $753M | $801M | +106% |
| Negative free cash flow (OCF − capex) | $273M | −$1.9B | $2.2B | — |
Questions
How much did Occidental Petroleum's revenue grow quarter over quarter in Q1 2026?
Occidental Petroleum's revenue rose $3.5B (+199%) from $1.8B in Q4 2025 to $5.2B in Q1 2026. Operating margin 67.2% against 8.8% (+58.4 pts).