Datacenter Cooling — Timeline
22 milestones, source-traced.
Jan 7, 2025
Partnership: Munters participated in Qvantum's $96M Series C funding round at a $347M valuation on...
Munters participated in Qvantum's $96M Series C funding round at a $347M valuation on January 7, 2025.
funding-research →Jul 17, 2025
Earnings: In its Q2 2025 interim report Munters reported continued strong growth led by Data...
In its Q2 2025 interim report Munters reported continued strong growth led by Data Center Technologies, which was its largest business area at roughly SEK 7 billion of the group's ~SEK 15.5 billion FY2024 net sales base, driven by AI data center cooling demand.
ai_synthesis_sdk
Oct 24, 2025
Earnings: Munters' Q3 2025 interim report highlighted sustained double-digit demand in Data Center Technologies as...
Munters' Q3 2025 interim report highlighted sustained double-digit demand in Data Center Technologies as customers shifted toward higher-density rack cooling, building on a group net sales base of approximately SEK 15.5 billion in FY2024.
ai_synthesis_sdk
Oct 31, 2025
Acquisition: nVent Electric's EPG acquisition grew sales by strong double digits year-over-year and contributed to...
nVent Electric's EPG acquisition grew sales by strong double digits year-over-year and contributed to a 53% increase in adjusted operating income, as reported in Q3 2025 results released October 31, 2025.
funding-research →Nov 30, 2025
Customer Win: Asetek RackCDU D2C platform integrated into AI server SKUs from Dell, Supermicro, HPE for...
Asetek RackCDU D2C platform integrated into AI server SKUs from Dell, Supermicro, HPE for >100kW liquid-cooled deployments.
customer_wins_seed →Jan 1, 2026
Acquisition: Munters paid MUSD 18.5 in contingent consideration to sellers of prior acquisition MTech, fully...
Munters paid MUSD 18.5 in contingent consideration to sellers of prior acquisition MTech, fully accrued by end of 2025.
funding-research →Jan 22, 2026
Customer Win: Iceotope KU:L precision liquid cooling chassis qualified at multiple HPC + AI datacenter customers...
Iceotope KU:L precision liquid cooling chassis qualified at multiple HPC + AI datacenter customers with >100kW per rack density requirements.
customer_wins_seed →Jan 22, 2026
Customer Win: CoolIT Systems published a customer showcase featuring GWDG (Gesellschaft für Wissenschaftliche Datenverarbeitung) deploying CoolIT's...
CoolIT Systems published a customer showcase featuring GWDG (Gesellschaft für Wissenschaftliche Datenverarbeitung) deploying CoolIT's Direct Liquid Cooling to enable AI infrastructure.
funding-research →Feb 5, 2026
Customer Win: nVent Schroff liquid cooling enclosures and rack manifolds deployed across hyperscaler AI server programs;...
nVent Schroff liquid cooling enclosures and rack manifolds deployed across hyperscaler AI server programs; Q4 2025 earnings highlighted AI as primary datacenter growth driver.
customer_wins_seed →Feb 6, 2026
Earnings: In its FY2025 year-end report Munters reported full-year net sales above the approximately SEK...
In its FY2025 year-end report Munters reported full-year net sales above the approximately SEK 15.5 billion recorded in FY2024, with Data Center Technologies remaining the primary growth engine on AI data center cooling demand.
ai_synthesis_sdk
Feb 15, 2026
Customer Win: CoolIT Systems shipping direct-to-chip liquid cooling CDUs into CoreWeave's GPU cluster buildout for OpenAI...
CoolIT Systems shipping direct-to-chip liquid cooling CDUs into CoreWeave's GPU cluster buildout for OpenAI / hyperscaler GPU rental workloads.
customer_wins_seed →Mar 18, 2026
Customer Win: Vertiv Liebert XDU and rear-door heat exchanger products were named in NVIDIA GB200 NVL72...
Vertiv Liebert XDU and rear-door heat exchanger products were named in NVIDIA GB200 NVL72 reference architecture, deployed at multiple hyperscaler GB200 sites.
customer_wins_seed →Mar 20, 2026
Acquisition: Ecolab announced the acquisition of CoolIT Systems for $4.75 billion in cash, representing approximately...
Ecolab announced the acquisition of CoolIT Systems for $4.75 billion in cash, representing approximately 29x estimated next-12-month adjusted EBITDA, with closing expected in Q3 2026.
funding-research →Mar 20, 2026
Acquisition: Ecolab entered a definitive agreement to acquire CoolIT Systems for $4.75 billion in cash,...
Ecolab entered a definitive agreement to acquire CoolIT Systems for $4.75 billion in cash, with the deal expected to close in Q3 2026.
funding-research →Apr 1, 2026
Customer Win: Munters won a BSEK 2.0 order (approx. €17.5M) for a modular AI cooling solution...
Munters won a BSEK 2.0 order (approx. €17.5M) for a modular AI cooling solution from a US colocation data center provider, including custom CDUs and CRAHs for an AI factory build-out, with deliveries expected early 2027–Q1 2028.
funding-research →May 14, 2026
Funding: Iceotope closed a $26 million Series B round led by Two Seas Capital and...
Iceotope closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures, with participation from Edinv, ABC Impact, Northern Gritstone, and the British Business Bank.
funding-research →May 14, 2026
Funding: Iceotope closed a $26 million Series B round on May 14, 2026, led by...
Iceotope closed a $26 million Series B round on May 14, 2026, led by Two Seas Capital and Barclays Climate Ventures, with participation from Edinv, ABC Impact, Northern Gritstone, and the British Business Bank.
funding-research →Jun 1, 2026
Product Launch: CoolIT Systems demonstrated a 15kW Coldplate for high-performance computing applications.
funding-research →Jun 2, 2026
Acquisition: Munters acquired OPTIfarm on June 2, 2026, for an undisclosed amount.
funding-research →Jun 11, 2026
Partnership: Munters joined the Energy Efficiency Movement as an Active Mover.
funding-research →Jun 11, 2026
Partnership: Munters joined the Energy Efficiency Movement as an Active Mover on June 11, 2026.
funding-research →Aug 3, 2026
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0000034088 xom:ProductsMember us-gaap:ShortMember 2025-01-01 2025-12-31 0000034088 xom:NaturalGasMember us-gaap:ShortMember 2026-01-01 2026-06-30 0000034088 xom:NaturalGasMember us-gaap:ShortMember 2025-01-01 2025-12-31 0000034088 xom:OtherGuaranteesMember xom:EquityCompanyObligationsMember 2026-06-30 0000034088 xom:OtherGuaranteesMember xom:OtherThirdPartyObligationsMember 2026-06-30 0000034088 xom:OtherGuaranteesMember 2026-06-30 0000034088 xom:EquityCompanyObligationsMember 2026-06-30 0000034088 xom:OtherThirdPartyObligationsMember 2026-06-30 0000034088 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2026-01-01 2026-06-30 0000034088 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2025-01-01 2025-12-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ State or other jurisdiction of incorporation or organization Exact name of registrant as specified in its charter Commission File Number I.R.S. Employer Identification Number Texas ExxonMobil Holdings Corporation 1-43384 41-4104094 New Jersey Exxon Mobil Corporation 1-2256 13-5409005 22777 Springwoods Village Parkway , Spring , Texas 77389-1425 (Address of principal executive offices) (Zip Code) ( 972 ) 940-6000 (Registrant's telephone number, including area code) _______________________ Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common Stock, without par value XOM New York Stock Exchange 0.524% Notes due 2028 XOM28 New York Stock Exchange 0.835% Notes due 2032 XOM32 New York Stock Exchange 1.408% Notes due 2039 XOM39A New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T ( 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and emerging growth company in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Class Outstanding as of June 30, 2026 Common stock, without par value 4,111,911,960 2 EXPLANATORY NOTE On July 1, 2026, Exxon Mobil Corporation, a New Jersey corporation ( "EMC" ), completed its previously announced redomiciliation reorganization, pursuant to which ExxonMobil Holdings Corporation, a Texas corporation ( "EMHC" ), became the publicly traded parent company of the ExxonMobil consolidated group and the successor registrant of EMC's common stock under the Securities Exchange Act of 1934 ( "Exchange Act" ). Additional information regarding the redomiciliation reorganization and its effect on the presentation of these financial statements is included in Note 1 to the Condensed Consolidated Financial Statements. This Form 10-Q of EMC is being separately filed by EMC and EMHC, with EMHC filing as the successor registrant of EMC's common stock under the Exchange Act. EXXON MOBIL CORPORATION FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2026 TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1. Financial Statements Condensed Consolidated Statement of Income 3 Condensed Consolidated Statement of Comprehensive Income 4 Condensed Consolidated Balance Sheet 5 Condensed Consolidated Statement of Cash Flows 6 Condensed Consolidated Statement of Changes in Equity 7 Notes to Condensed Consolidated Financial Statements Note 1. Basis of Financial Statement Preparation 8 Note 2. Earnings Per Share 8 Note 3. Disclosures about Segments and Related Information 9 Note 4. Pension and Other Postretirement Benefits 14 Note 5. Other Comprehensive Income Information 15 Note 6. Financial Instruments and Derivatives 16 Note 7. Litigation and Other Contingencies 17 Note 8. Divestment Activities 18 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 3. Quantitative and Qualitative Disclosures About Market Risk 34 Item 4. Controls and Procedures 34 PART II. OTHER INFORMATION Item 1. Legal Proceedings 35 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 35 Item 5. Other Information 35 Item 6. Exhibits 36 Signature 37 3 Table of Contents PART I. FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements. Due to rounding, numbers presented may not add up precisely to the totals indicated. CONDENSED CONSOLIDATED STATEMENT OF INCOME (millions of dollars, unless noted) Note Reference Number Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenues and other income Sales and other operating revenue 3 114,529 79,477 197,690 160,535 Income from equity affiliates 893 1,462 2,262 2,831 Other income 595 567 1,203 1,270 Total revenues and other income 116,017 81,506 201,155 164,636 Costs and other deductions Crude oil and product purchases 67,801 45,327 119,603 92,115 Production and manufacturing expenses 12,250 10,102 22,945 20,185 Selling, general and administrative expenses 2,483 2,528 5,167 5,068 Depreciation and depletion (includes impairments) 8,689 6,101 15,460 11,803 Exploration expenses, including dry holes (1) 155 251 281 315 Non-service pension and postretirement benefit expense 4 32 90 94 203 Interest expense 227 145 522 350 Other taxes and duties 4,956 6,257 10,692 12,292 Total costs and other deductions 96,593 70,801 174,764 142,331 Income (loss) before income taxes 19,424 10,705 26,391 22,305 Income tax expense (benefit) 4,543 3,351 7,038 6,918 Net income (loss) including noncontrolling interests 14,881 7,354 19,353 15,387 Net income (loss) attributable to noncontrolling interests 356 272 645 592 Net income (loss) attributable to ExxonMobil 14,525 7,082 18,708 14,795 Earnings (loss) per common share (dollars) 2 3.48 1.64 4.47 3.40 Earnings (loss) per common share - assuming dilution (dollars) 2 3.48 1.64 4.47 3.40 (1) Includes $ 40 million related to the write-off of exploratory well costs in 2025 that were previously capitalized for greater than one year at December 31, 2024. 4 Table of Contents CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (millions of dollars) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net income (loss) including noncontrolling interests 14,881 7,354 19,353 15,387 Other comprehensive income (net of income taxes) Foreign exchange translation adjustment ( 452 ) 2,206 ( 715 ) 2,508 Adjustment for foreign exchange translation (gain)/loss included in net income 1 ( 4 ) Postretirement benefits reserves adjustment (excluding amortization) ( 51 ) ( 12 ) ( 86 ) ( 46 ) Amortization and settlement of postretirement benefits reserves adjustment included in net periodic benefit costs ( 25 ) 7 ( 52 ) 30 Total other comprehensive income (loss) ( 527 ) 2,201 ( 857 ) 2,492 Comprehensive income (loss) including noncontrolling interests 14,354 9,555 18,496 17,879 Comprehensive income (loss) attributable to noncontrolling interests 280 571 474 901 Comprehensive income (loss) attributable to ExxonMobil 14,074 8,984 18,022 16,978 5 Table of Contents CONDENSED CONSOLIDATED BALANCE SHEET (millions of dollars, unless noted) Note Reference Number June 30, 2026 December 31, 2025 ASSETS Current assets Cash and cash equivalents 10,588 10,681 Notes and accounts receivable net 60,558 44,562 Inventories Crude oil, products and merchandise 22,363 22,979 Materials and supplies 3,200 3,323 Other current assets 4,084 1,837 Total current assets 100,793 83,382 Investments, advances and long-term receivables 45,605 45,317 Property, plant and equipment net 296,298 299,373 Other assets, including intangibles net 21,786 20,908 Total Assets 464,482 448,980 LIABILITIES Current liabilities Notes and loans payable 10,139 9,296 Accounts payable and accrued liabilities 74,491 60,911 Income taxes payable 4,200 2,123 Total current liabilities 88,830 72,330 Long-term debt 32,229 34,241 Postretirement benefits reserves 9,068 8,847 Deferred income tax liabilities 39,546 40,216 Long-term obligations to equity companies 549 542 Other long-term obligations 28,149 26,178 Total Liabilities 198,371 182,354 Commitments and contingencies 7 EQUITY Common stock without par value ( 9,000 million shares authorized, 8,019 million shares issued) 46,636 46,150 Earnings reinvested 492,569 482,494 Accumulated other comprehensive income 5 ( 11,549 ) ( 10,863 ) Common stock held in treasury ( 3,907 million shares at June 30, 2026 and 3,840 million shares at December 31, 2025 ) ( 268,276 ) ( 258,395 ) ExxonMobil share of equity 259,380 259,386 Noncontrolling interests 6,731 7,240 Total Equity 266,111 266,626 Total Liabilities and Equity 464,482 448,980 6 Table of Contents CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (millions of dollars) Six Months Ended June 30, 2026 2025 CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) including noncontrolling interests 19,353 15,387 Depreciation and depletion (includes impairments) 15,460 11,803 Changes in operational working capital, excluding cash and debt ( 3,857 ) ( 4,848 ) All other items net 1,304 2,161 Net cash provided by operating activities 32,260 24,503 CASH FLOWS FROM INVESTING ACTIVITIES Additions to property, plant and equipment ( 12,997 ) ( 12,181 ) Proceeds from asset sales and returns of investments 649 1,999 Additional investments and advances ( 711 ) ( 472 ) Other investing activities including collection of advances 734 339 Net cash used in investing activities ( 12,325 ) ( 10,315 ) CASH FLOWS FROM FINANCING ACTIVITIES Additions to long-term debt 894 883 Reductions in long-term debt ( 135 ) ( 13 ) Additions to short-term debt (1) 172 Reductions in short-term debt (1) ( 5,500 ) ( 4,676 ) Additions/(reductions) in commercial paper, and debt with three months or less maturity 3,912 257 Contingent consideration payments ( 125 ) ( 79 ) Cash dividends to ExxonMobil shareholders ( 8,633 ) ( 8,623 ) Cash dividends to noncontrolling interests ( 332 ) ( 452 ) Changes in noncontrolling interests 61 ( 10 ) Inflows from noncontrolling interests for major projects 45 Common stock acquired ( 10,007 ) ( 9,768 ) Net cash used in financing activities ( 19,865 ) ( 22,264 ) Effects of exchange rate changes on cash ( 163 ) 600 Increase/(decrease) in cash and cash equivalents (including restricted) ( 93 ) ( 7,476 ) Cash and cash equivalents at beginning of period (including restricted) 10,681 23,187 Cash and cash equivalents at end of period (including restricted) 10,588 15,711 SUPPLEMENTAL DISCLOSURES Cash interest paid Included in cash flows from operating activities 402 169 Capitalized, included in cash flows from investing activities 508 707 Total cash interest paid 910 876 Noncash right of use assets recorded in exchange for lease liabilities Operating leases 1,737 900 Finance leases 52 6 (1) Includes commercial paper with a maturity greater than three months. 7 Table of Contents CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ExxonMobil Share of Equity (millions of dollars, unless noted) Common Stock Earnings Reinvested Accumulated Other Comprehensive Income Common Stock Held in Treasury ExxonMobil Share of Equity Non- controlling Interests Total Equity Balance as of March 31, 2025 46,426 474,290 ( 14,338 ) ( 243,658 ) 262,720 7,086 269,806 Amortization of stock-based awards 220 220 220 Other ( 17 ) ( 23 ) ( 40 ) 23 ( 17 ) Net income (loss) for the period 7,082 7,082 272 7,354 Dividends - common shares ( 4,288 ) ( 4,288 ) ( 311 ) ( 4,599 ) Other comprehensive income (loss) 1,902 1,902 299 2,201 Share repurchases, at cost ( 5,014 ) ( 5,014 ) ( 5,014 ) Dispositions 11 11 11 Balance as of June 30, 2025 46,629 477,061 ( 12,436 ) ( 248,661 ) 262,593 7,369 269,962 Balance as of March 31, 2026 46,426 482,344 ( 11,098 ) ( 263,291 ) 254,381 6,615 260,996 Amortization of stock-based awards 226 226 226 Other ( 16 ) ( 1 ) ( 17 ) ( 2 ) ( 19 ) Net income (loss) for the period 14,525 14,525 356 14,881 Dividends - common shares ( 4,299 ) ( 4,299 ) ( 162 ) ( 4,461 ) Other comprehensive income (loss) ( 451 ) ( 451 ) ( 76 ) ( 527 ) Share repurchases, at cost ( 4,994 ) ( 4,994 ) ( 4,994 ) Dispositions 9 9 9 Balance as of June 30, 2026 46,636 492,569 ( 11,549 ) ( 268,276 ) 259,380 6,731 266,111 Balance as of December 31, 2024 46,238 470,903 ( 14,619 ) ( 238,817 ) 263,705 6,901 270,606 Amortization of stock-based awards 414 414 414 Other ( 23 ) ( 14 ) ( 37 ) 19 ( 18 ) Net income (loss) for the period 14,795 14,795 592 15,387 Dividends - common shares ( 8,623 ) ( 8,623 ) ( 452 ) ( 9,075 ) Other comprehensive income (loss) 2,183 2,183 309 2,492 Share repurchases, at cost ( 9,866 ) ( 9,866 ) ( 9,866 ) Dispositions 22 22 22 Balance as of June 30, 2025 46,629 477,061 ( 12,436 ) ( 248,661 ) 262,593 7,369 269,962 Balance as of December 31, 2025 46,150 482,494 ( 10,863 ) ( 258,395 ) 259,386 7,240 266,626 Amortization of stock-based awards 530 530 530 Other ( 44 ) ( 44 ) ( 639 ) ( 683 ) Net income (loss) for the period 18,708 18,708 645 19,353 Dividends - common shares ( 8,633 ) ( 8,633 ) ( 344 ) ( 8,977 ) Other comprehensive income (loss) ( 686 ) ( 686 ) ( 171 ) ( 857 ) Share repurchases, at cost ( 9,911 ) ( 9,911 ) ( 9,911 ) Dispositions 30 30 30 Balance as of June 30, 2026 46,636 492,569 ( 11,549 ) ( 268,276 ) 259,380 6,731 266,111 Three Months Ended June 30, 2026 Three Months Ended June 30, 2025 Common Stock Share Activity (millions of shares) Issued Held in Treasury Outstanding Issued Held in Treasury Outstanding Balance as of March 31 8,019 ( 3,874 ) 4,145 8,019 ( 3,709 ) 4,310 Share repurchases, at cost ( 33 ) ( 33 ) ( 47 ) ( 47 ) Balance as of June 30 8,019 ( 3,907 ) 4,112 8,019 ( 3,756 ) 4,263 Six Months Ended June 30, 2026 Six Months Ended June 30, 2025 Balance as of December 31 8,019 ( 3,840 ) 4,179 8,019 ( 3,666 ) 4,353 Share repurchases, at cost ( 67 ) ( 67 ) ( 90 ) ( 90 ) Balance as of June 30 8,019 ( 3,907 ) 4,112 8,019 ( 3,756 ) 4,263 8 Table of Contents NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Due to rounding, numbers presented may not add up precisely to the totals indicated. Note 1. Basis of Financial Statement Preparation On July 1, 2026, Exxon Mobil Corporation, a New Jersey corporation ( "EMC" ), completed its previously announced redomiciliation reorganization (the "Redomiciliation Merger" ), pursuant to which ExxonMobil Holdings Corporation, a Texas corporation ( "EMHC" ), became the publicly traded parent company of the ExxonMobil consolidated group. The Redomiciliation Merger became effective on July 1, 2026. At the effective time of the Redomiciliation Merger, each outstanding share of EMC common stock, without par value, was automatically exchanged for one share of EMHC common stock with a par value of $ 0.001 per share, and former EMC shareholders became shareholders of EMHC holding the same number and percentage ownership interests immediately following the transaction. EMHC replaced EMC as the publicly held corporation traded on the New York Stock Exchange under the ticker symbol "XOM" and became the successor registrant of EMC's common stock pursuant to Rule 12g-3(a) under the Securities Exchange Act of 1934. As of the effective time of the Redomiciliation Merger, the rights of EMHC shareholders are governed by the Texas Business Organizations Code and the governing organizational documents of EMHC. Prior to the Redomiciliation Merger, shareholder rights were governed by the New Jersey Business Corporation Act and EMC's governing organizational documents. Unless otherwise indicated, references herein to "ExxonMobil," the "Corporation," "we," "our," and "us" refer to the ExxonMobil consolidated group, which was headed by EMC through June 30, 2026, and by EMHC thereafter. The accompanying Condensed Consolidated Financial Statements reflect periods prior to the completion of the Redomiciliation Merger. The Redomiciliation Merger did not change the Corporation's consolidated business, operations, assets, liabilities, or financial reporting basis. These unaudited Condensed Consolidated Financial Statements should be read in the context of the Consolidated Financial Statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2025 Annual Report on Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring nature. The Corporation's exploration and production activities are accounted for under the "successful efforts" method. Note 2. Earnings Per Share Earnings per common share Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Net income (loss) attributable to ExxonMobil (millions of dollars) 14,525 7,082 18,708 14,795 Weighted-average number of common shares outstanding (millions of shares) (1) 4,174 4,331 4,188 4,351 Earnings (loss) per common share (dollars) (2) 3.48 1.64 4.47 3.40 Dividends paid per common share (dollars) 1.03 0.99 2.06 1.98 (1) Includes restricted shares not vested. (2) Earnings (loss) per common share and earnings (loss) per common share assuming dilution are the same in each period shown. 9 Table of Contents Note 3. Disclosures about Segments and Related Information Our four reportable segments are Upstream, Energy Products, Chemical Products, and Specialty Products. (millions of dollars) Upstream Energy Products Chemical Products Specialty Products Segment Total U.S. Non-U.S. U.S. Non-U.S. U.S. Non-U.S. U.S. Non-U.S. Three Months Ended June 30, 2026 Revenues and other income Sales and other operating revenue 8,201 4,479 38,517 51,091 2,552 4,335 1,596 3,732 114,503 Income from equity affiliates ( 95 ) 682 40 171 ( 15 ) 180 2 ( 11 ) 954 Intersegment revenue 9,916 11,931 10,258 9,309 2,023 998 590 125 45,150 Other income 286 57 76 81 2 1 33 536 Segment revenues and other income 18,308 17,149 48,891 60,652 4,560 5,515 2,189 3,879 161,143 Costs and other items Crude oil and product purchases 7,013 3,444 41,997 50,164 2,469 3,520 1,260 2,479 112,346 Operating expenses, excl. depreciation and depletion (1) 4,603 2,734 2,049 2,394 1,095 1,038 515 531 14,959 Depreciation and depletion (includes impairments) 4,066 1,918 272 1,343 198 187 26 52 8,062 Interest expense 13 15 1 1 1 1 1 33 Other taxes and duties 139 222 764 3,718 29 31 6 47 4,956 Total costs and other deductions 15,834 8,333 45,083 57,620 3,791 4,777 1,808 3,110 140,356 Segment income (loss) before income taxes 2,474 8,816 3,808 3,032 769 738 381 769 20,787 Income tax expense (benefit) 554 2,527 764 401 170 189 96 93 4,794 Segment net income (loss) incl. noncontrolling interests 1,920 6,289 3,044 2,631 599 549 285 676 15,993 Net income (
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