Filing Flows › Occidental Petroleum (OXY) › How it makes money
How Occidental Petroleum (OXY) makes money
Occidental Petroleum (OXY) made $8.1B of revenue in the second quarter 2026 (Q2 2026), +53% from a year earlier. Of every dollar of revenue, 49¢ was left as operating profit, 35¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $8.1B | 100.0% |
| Operating profit | $3.9B | 48.5% |
| Income tax | $915M | 11.3% |
| Net earnings | $2.8B | 34.6% |
| Operating cash flow | $4.3B | 53.0% |
| Free cash flow | $2.7B | 33.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $8.1B | +53% |
| Q1 2026 | $5.2B | -8% |
| Q4 2025 | $1.8B | -15% |
| Q3 2025 | $6.6B | -8% |
| Q2 2025 | $6.4B | -6% |
| Q1 2025 | $6.8B | +14% |
| Q4 2024 | $6.8B | -6% |
From Occidental Petroleum's 10-Q filed Aug 5, 2026 (on EDGAR).
Questions
How does Occidental Petroleum make money?
Occidental Petroleum (OXY) made $8.1B of revenue in the second quarter 2026 (Q2 2026), +53% from a year earlier. Of every dollar of revenue, 49¢ was left as operating profit, 35¢ was left as net earnings.
What is Occidental Petroleum's profit margin?
Net earnings were $2.8B, 34.6% of revenue, in the second quarter 2026; the operating margin was 48.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.