EOG Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), EOG reported revenue of $8.6B, gross profit of $5.5B (64.1% gross margin), operating income of $3.5B, and net income of $2.7B (31.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
EOG was profitable; revenue grew 47.4% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +47.4% | +85.2% | +6.4 pp |
Consensus estimate data is not available for this report.
EOG Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $8.6B | 100% |
| Cost of Revenue | −$3.1B | 35.9% |
| Gross Profit | $5.5B | 64.1% |
| Research & Development | −$77M | 0.9% |
| Selling, General & Administrative | −$213M | 2.5% |
| Other Operating Expenses | −$1.7B | 19.8% |
| Operating Income | $3.5B | 40.9% |
| Interest Expense | −$67M | 0.8% |
| Other Income, net | $38M | 0.4% |
| Income Tax Expense | −$775M | 9.0% |
| Net Income | $2.7B | 31.6% |
Source: EOG filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.