The latest data point for ExxonMobil's (XOM) net income in Q1'26 shows a decline to $4.18B USD, marking the lowest quarterly figure in the observed period and a significant drop from the previous quarter's $6.50B USD in Q4'25. Over the timeframe from Q2'23 to Q1'26, net income exhibited an overall downward trend, starting at a peak of $9.24B USD in Q2'24 before steadily declining amid volatile fluctuations, with year-over-year (YoY) growth turning negative across all periods after an initial positive shift in Q2'24 (17.3%). Key inflection points include a sharp 46% YoY drop in Q1'26, highlighting persistent pressures that eroded profitability from an average of approximately $8B USD in 2023-2024 to under $7B USD in 2025-2026, suggesting broader challenges in the energy sector.