Filing Flows › Occidental Petroleum (OXY) › Q3 2025
Occidental Petroleum (OXY) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Occidental Petroleum (OXY) reported revenue of $6.6B for the third quarter 2025 (Q3 2025), -8% from a year earlier and +3% from the quarter before. Operating margin was 17.6%, net earnings $657M (9.9% of revenue).
Occidental Petroleum, Q3 2025: revenue $6.6B (-8% year over year), operating margin 17.6%, net earnings $657M, operating cash flow $2.8B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.6B | +3% | -8% |
| Operating profit | $1.2B | +58% | -27% |
| Net earnings | $657M | +152% | -31% |
| Operating cash flow | $2.8B | -6% | -24% |
| Free cash flow | $1.0B | +6% | -49% |
What changed
Revenue was $6.6B in Q3 2025, down 8% year over year and up 3% from the previous quarter.
Operating profit was $1.2B, a 17.6% margin (down 4.6 points year over year). Total costs fell 2% while revenue fell 8%. Net earnings were $0.66B, down 31% year over year. The effective tax rate was 27.8%.
Operating cash flow was $2.8B (down 24% year over year), 331% of net income including minority interests. Non-cash charges added back $2.1B of depreciation and amortization. Capital expenditures of $1.8B left free cash flow of $1.0B.
Questions
What was Occidental Petroleum's revenue in the third quarter 2025?
Occidental Petroleum (OXY) reported revenue of $6.6B for the third quarter 2025 (Q3 2025), -8% from a year earlier and +3% from the quarter before.
Was Occidental Petroleum profitable in the third quarter 2025?
Operating profit was $1.2B (17.6% of revenue) and net earnings $657M.