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Income Statement (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Revenue | 6.76B | 19.9% |
| Gross Profit | 5.36B | 22.2% |
| Cost of Revenue | 1.4B | 11.6% |
| Operating expense | 2.76B | 45.6% |
| Net Income | 1.98B | 182.5% |
| EBITDA | 3.79B | 55.1% |
Balance Sheet (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Total Assets | 53.4B | 3% |
| Total Liabilities | 22.5B | 2.3% |
| Total Equity | 30.9B | 3.6% |
| Shares Outstanding | 535M | 0.8% |
Cash Flow (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Cash from operations | 2.97B | 13.6% |
| Cash from investing | -1.55B | 12.3% |
| Cash from financing | -968M | 1.6% |
EPS
Financial Highlights for EOG Resources in Q1 '26
EOG Resources reported a revenue of 6.76B, which is a 19.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 5.36B, marking a 22.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.4B, a 11.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.76B, showing a 45.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.98B, showing a 182.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 3.79B, showing a 55.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for EOG Resources with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
