Filing Flows › Occidental Petroleum (OXY) › Q3 2026 › vs Q2 2026
Occidental Petroleum (OXY) Q3 2026 vs Q2 2026 (quarter over quarter)
Occidental Petroleum's revenue fell $1.5B (-19%) from $8.1B in Q2 2026 to $6.6B in Q3 2026. Operating margin 36.2% against 48.5% (-12.4 pts).
Occidental Petroleum, Q3 2026: revenue $6.6B (+19% year over year), operating margin 36.2%, net earnings $1.6B, operating cash flow $3.7B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 36.2% | 48.5% | -12.4 pts |
| Net margin | 24.8% | 34.6% | -9.8 pts |
| Free cash flow margin | 35.8% | 33.3% | +2.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $6.6B | $8.1B | −$1.5B | -19% |
| Operating profit | $2.4B | $3.9B | −$1.5B | -39% |
| Costs & expenses | $4.2B | $4.2B | $42.0M | +1% |
| Pre-tax earnings | $2.4B | $3.9B | −$1.5B | -39% |
| SG&A | $224M | $262M | −$38.0M | -15% |
| Other operating costs | $4.0B | $3.9B | $80.0M | +2% |
| Net earnings | $1.6B | $2.8B | −$1.2B | -42% |
| Minority interests | $194M | $209M | −$15.0M | -7% |
| Income tax | $554M | $915M | −$361M | -39% |
| Depreciation & amortization | $1.8B | $1.8B | −$64.0M | -3% |
| Working capital & other | $262M | −$363M | $625M | — |
| Operating cash flow | $3.7B | $4.3B | −$599M | -14% |
| Free cash flow (OCF − capex) | $2.4B | $2.7B | −$332M | -12% |
| Capital expenditures | $1.3B | $1.6B | −$267M | -17% |
Questions
How much did Occidental Petroleum's revenue grow quarter over quarter in Q3 2026?
Occidental Petroleum's revenue fell $1.5B (-19%) from $8.1B in Q2 2026 to $6.6B in Q3 2026. Operating margin 36.2% against 48.5% (-12.4 pts).