Filing Flows › Occidental Petroleum (OXY) › Q2 2026 › vs Q2 2025
Occidental Petroleum (OXY) Q2 2026 vs Q2 2025 (year over year)
Occidental Petroleum's revenue rose $2.8B (+53%) from $5.3B in Q2 2025 to $8.1B in Q2 2026. Operating margin 48.5% against 13.1% (+35.4 pts).
Occidental Petroleum, Q2 2026: revenue $8.1B (+53% year over year), operating margin 48.5%, net earnings $2.8B, operating cash flow $4.3B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 48.5% | 13.1% | +35.4 pts |
| Net margin | 34.6% | 5.0% | +29.6 pts |
| Free cash flow margin | 33.3% | 23.9% | +9.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $8.1B | $5.3B | $2.8B | +53% |
| Operating profit | $3.9B | $690M | $3.2B | +467% |
| Costs & expenses | $4.2B | $4.6B | −$418M | -9% |
| Pre-tax earnings | $3.9B | $690M | $3.2B | +467% |
| SG&A | $262M | $257M | $5.0M | +2% |
| Other operating costs | $3.9B | $3.5B | $424M | +12% |
| Net earnings | $2.8B | $261M | $2.5B | +968% |
| Minority interests | $209M | $207M | $2.0M | +1% |
| Income tax | $915M | $222M | $693M | +312% |
| Depreciation & amortization | $1.8B | $1.8B | $24.0M | +1% |
| Working capital & other | $363M | −$876M | $1.2B | — |
| Operating cash flow | $4.3B | $3.0B | $1.3B | +44% |
| Free cash flow (OCF − capex) | $2.7B | $1.3B | $1.4B | +114% |
| Capital expenditures | $1.6B | $1.7B | −$116M | -7% |
Questions
How much did Occidental Petroleum's revenue grow year over year in Q2 2026?
Occidental Petroleum's revenue rose $2.8B (+53%) from $5.3B in Q2 2025 to $8.1B in Q2 2026. Operating margin 48.5% against 13.1% (+35.4 pts).