EOG Resources (EOG) financials
EOG Resources revenue and earnings by year
EOG Resources's revenue was $22.6 billion in the fiscal year to December 31, 2025, down 4.5% from the year before. Net income was $4.98 billion, 22.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 12.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.6 | 23.7 | 24.2 | 25.7 | 18.6 | 11.0 | 17.4 | 17.3 | 11.2 | 7.7 |
| Revenue growth | -4.5% | -2.0% | -5.9% | 37.9% | 69.0% | -36.5% | 0.6% | 54.1% | 46.5% | — |
| Gross profit | 14.0 | 14.7 | 15.4 | 16.2 | 11.8 | 6.1 | 9.4 | 9.6 | 5.9 | 3.8 |
| Gross margin | 61.8% | 61.9% | 63.7% | 63.0% | 63.5% | 55.0% | 54.1% | 55.6% | 53.0% | 49.9% |
| Operating income | 6.4 | 8.1 | 9.6 | 10.0 | 6.1 | -0.5 | 3.7 | 4.5 | 0.9 | -1.2 |
| Operating margin | 28.2% | 34.1% | 39.7% | 38.8% | 32.7% | -4.9% | 21.3% | 25.9% | 8.3% | -16.0% |
| Net income | 5.0 | 6.4 | 7.6 | 7.8 | 4.7 | -0.6 | 2.7 | 3.4 | 2.6 | -1.1 |
| Net margin | 22.0% | 27.0% | 31.4% | 30.2% | 25.0% | -5.5% | 15.7% | 19.8% | 23.0% | -14.3% |
| Diluted EPS | $9.12 | $11.25 | $13.00 | $13.22 | $7.99 | -$1.04 | $4.72 | $5.89 | $4.46 | -$1.99 |
| Free cash flow | 3.5 | 5.8 | 5.3 | 6.4 | 5.2 | 1.7 | 1.9 | 1.9 | 0.4 | 0.9 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open EOG in Markets.
How EOG Resources makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Oil & Condensate | $4.90B | 57.7% |
| Natural Gas Gathering Transportation Marketing & Processing | $2.01B | 23.7% |
| Natural Gas Production | $812M | 9.6% |
| Natural Gas Liquids Reserves | $770M | 9.1% |
See also: EOG valuation and P/E history · EOG returns
No forecast, no recommendation. This page describes EOG Resources from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.