xom-20260610

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 11-K

[x] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2025

[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to ___________

Commission file number 1-2256

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

EXXONMOBIL SAVINGS PLAN

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

EXXON MOBIL CORPORATION

22777 Springwoods Village Parkway

Spring, Texas 77389-1425

EXXONMOBIL SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

Note 1: Description of the Plan

General

Active participants in the ExxonMobil Savings Plan ("Plan") are eligible employees of Exxon Mobil Corporation

("ExxonMobil" or the “Company") and certain affiliated employers. The terms and conditions of the Plan are

contained in the ExxonMobil Benefit Plans Common Provisions document, the ExxonMobil Savings Plan document,

and the ExxonMobil Savings Trust document (collectively, the "Plan Document"). The Plan is an "employee pension

benefit plan" described in Section 3(2) of the Employee Retirement Income Security Act of 1974 ("ERISA"), a

"defined contribution plan" described in Section 3(34) of ERISA, and a non-leveraged Employee Stock Ownership

Plan. The notes to the financial statements give a general description of the Plan. Participants should refer to the

Plan Document for a more complete discussion of the Plan's provisions.

Contributions

The Plan permits participant contributions that range from 6 percent to 20 percent of each participant’s eligible pay.

The Company matches only the minimum 6 percent contribution in an amount equal to 7 percent of a participant’s

eligible pay.

Employees who are at least age 50 during the plan year and who maximize the combination of their regular pretax

and Roth contributions may elect to make additional contributions.

Vesting

Participants are immediately vested in their contributions and all earnings. Company contributions vest at 100

percent upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or death

while an employee.

Forfeitures

During 2025, employer contributions totaling $2.6 million were forfeited by terminating employees and used to offset

employer contributions.

Other Plan Provisions

Other Plan provisions including eligibility, enrollment, participation, forfeiture, loans, benefit payments (including

withdrawals and distributions), and investment options are described in the Plan Document.

Plan Termination

The Company may terminate or amend the Plan at any time. In the event of termination, the net assets of the Plan

will be distributed in accordance with ERISA.

EXXONMOBIL SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

Note 2: Summary of Significant Accounting Policies

Basis of Accounting

The financial statements of the Plan are presented on the accrual basis. Benefit payments are reported when paid.

Investment Valuation and Income Recognition

Investments are stated at fair value as described in Note 5.

Under the terms of its trust agreement, the Plan engaged in an authorized form of security lending activities during

the year ended December 31, 2025. In accordance with the Savings Plan Securities Lending Agreement with The

Northern Trust Company, the market value of the collateral held at the time of trade execution is required to be at

least 102 percent of the market value of securities on loan or at least 105 percent if the collateral held and securities

on loan are denominated in different currencies. The fair value of U.S. Government securities on loan was $0 and

$2 million, at December 31, 2025 and 2024, respectively. The securities on loan are reflected in the Statements of

Net Assets Available for Benefits at December 31, 2025 and 2024 and the Schedule of Assets (Held At End Of

Year). The value of cash collateral obtained and reinvested in short term investments is reflected as a liability on the

Plan’s financial statements.

Purchases and sales of securities are recorded on a trade-date basis. "Dividends" only includes dividends on

ExxonMobil stock, and any dividends related to the NT CCT equity funds are reflected as part of the "Net

appreciation/(depreciation) in fair value of investments". "Interest" includes only interest from fixed income securities

held in the Common Assets Portfolio and from short term cash investments. Interest related to the NT Bond Fund

CCT is reflected as part of the "Net appreciation/(depreciation) in fair value of investments".

Net appreciation / depreciation in the current value of investments includes realized gains and losses on

investments sold or disposed of during the year and unrealized gains and losses on investments held at year end.

Transfers-in at fair value include participant-initiated rollovers of certain distributions from other tax-qualified plans

into the Plan.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United

States of America requires management to make estimates and assumptions that affect the reported amounts of

assets available for benefits, liabilities and disclosure of contingent liabilities at the date of the financial statements,

and the reported amounts of changes in net assets available for benefits during the reporting period. Actual results

could differ from those estimates.

Risks and Uncertainties

The Plan participants invest in various investment options offered by the Plan. Investments in these Plan-offered

options are subject to various risks, such as interest rate, market value, and credit risks. Market risks include global

events which could impact the value of investments securities, such as pandemics or international conflicts. Due to

the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the

values of investment securities will occur in the near term and that such changes could materially affect the

amounts reported in the Statements of Net Assets Available for Benefits.

Expenses

Investment income from all sources is stated net of brokerage fees on purchases and sales of ExxonMobil common

stock, administrative expenses and investment management fees. Fees for delivery of checks that are expedited

EXXONMOBIL SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

upon request by participants and participant loan origination fees are charged to the participant’s account. All other

administrative fees are paid by the Company. Administrative expenses are recorded when incurred.

Note 3: Related Party and Party in Interest Transactions

During 2025, certain Plan investments were units of various funds managed by The Northern Trust Company, and

therefore, purchases and sales of these investments qualified as party in interest transactions. The Northern Trust

Company also provided custodial services to the Plan and acted as securities lending agent during the Plan year.

The Plan holds ExxonMobil common stock. ExxonMobil is the employer of Plan participants and is the Plan

sponsor, and any transactions in ExxonMobil common stock qualify as party in interest transactions.

Notes receivable from participants (participant loans) also qualify as party in interest transactions.

Note 4: Tax Status

The Internal Revenue Service has determined and informed the Plan administrators by a letter dated August 7,

2017, that the Plan and related trust are designed in accordance with the applicable sections of the Internal

Revenue Code (“IRC”). The Plan has been amended since receiving the determination letter. The Plan

administrators and legal counsel believe the Plan is currently designed and is being operated in compliance with the

applicable requirements of the IRC. The Plan is subject to audit by taxing jurisdictions; however, there are currently

no audits for any tax periods in progress.

Note 5: Fair Value Measurements

The authoritative guidance for fair value measurements provides a framework for measuring fair value. The

framework establishes a three-level fair value hierarchy based on the nature of the information used to measure fair

value. The terms “Level 1” and “Level 2” are accounting terms that refer to different methods of valuing assets. The

terms do not represent the relative risk or credit quality of an investment. The fair value hierarchies for the Plan

assets are not a measure of the ability of the Plan to meet Plan benefit obligations.

The following tables set forth by level, within the fair value hierarchy, the Plan's assets at fair value:

EXXONMOBIL SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

Note 5: Fair Value Measurements (continued)


			Fair Value Measurements at
			December 31, 2025 Using*
(millions of dollars)
Description of investments	Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)

ExxonMobil common stock	7,361		7,361	(1)
U.S. Government Securities	2,936				2,936	(2)
Corporate Debt Securities	100				100	(2)

Total	10,397		7,361		3,036

Common/Collective trusts (at net asset value)**:
S&P 500 Fund	8,004	(3)
Small & Mid Cap Fund	3,293	(3)
World Ex-US Equity Fund	2,390	(3)
Aggregate Bond Fund	1,322	(4)
Short term investments	246	(5)

Total	25,652

(1) For ExxonMobil common stock, fair value is based on observable quoted prices on an active exchange.

(2) For U.S. government securities and corporate debt securities, fair value is based on observable inputs of comparable

market transactions.

(3) Investments in common and preferred stocks held in the form of units in common/collective trusts are redeemable daily at

the unit value, including the measurement date. The fair value of the underlying securities owned by the common/collective trusts

is based on observable quoted prices on an active exchange.

(4) Investments in debt securities and fixed income assets held in the form of units in common/collective trusts are redeemable

daily at the unit value, including the measurement date.

(5) Short term investments held in the form of units in common/collective trusts are redeemable daily at the unit value, including

the measurement date.

* There are no “Level 3” investments.

** Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient

have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit

reconciliation of the fair value hierarchy to the amounts in the Statements of Net Assets.

EXXONMOBIL SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

Note 5: Fair Value Measurements (continued)


			Fair Value Measurements at
			December 31, 2024 Using*
(millions of dollars)
Description of investments	Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)

ExxonMobil common stock	7,165		7,165	(1)
U.S. Government Securities	2,893				2,893	(2)
Corporate Debt Securities	34				34	(2)

Total	10,092		7,165		2,927

Common/Collective trusts (at net asset value)**:
S&P 500 Fund	6,991	(3)
Small & Mid Cap Fund	3,074	(3)
World Ex-US Equity Fund	1,798	(3)
Aggregate Bond Fund	1,172	(4)
Short term investments	296	(5)

Total	23,423

(1) For ExxonMobil common stock, fair value is based on observable quoted prices on an active exchange.

(2) For U.S. government securities and corporate debt securities, fair value is based on observable inputs of comparable

market transactions.

(3) Investments in common and preferred stocks held in the form of units in common/collective trusts are redeemable daily at

the unit value, including the measurement date. The fair value of the underlying securities owned by the common/collective trusts

is based on observable quoted prices on an active exchange.

(4) Investments in debt securities and fixed income assets held in the form of units in common/collective trusts are redeemable

daily at the unit value, including the measurement date.

(5) Short term investments held in the form of units in common/collective trusts are redeemable daily at the unit value, including

the measurement date.

* There are no “Level 3” investments.

** Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient

have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit

reconciliation of the fair value hierarchy to the amounts in the Statements of Net Assets.

Note 6: Pioneer 401(k) Plan Merger

On June 15, 2026, Pioneer Natural Resources USA, Inc. 401(k) and Matching Plan will merge into the ExxonMobil

Savings Plan. At December 31, 2025, Pioneer Natural Resources USA, Inc. 401(k) and Matching Plan net assets

were valued at $855 million.

SCHEDULE H

EXXONMOBIL SAVINGS PLAN

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DECEMBER 31, 2025

(a)

(b)

(c)

(d)

(e)

IDENTITY OF ISSUE

DESCRIPTION OF INVESTMENT

COST

CURRENT

VALUE

coupon

maturity

par/units

(000's)

($000's)


U.S. GOVERNMENT SECURITIES

FEDERAL FARM CREDIT	4.070%	11/20/28	70,000	69,983
FEDERAL HO	4.050%	12/04/28	40,000	39,910
FEDERAL HO	4.050%	12/04/28	40,000	40,006
FEDERAL HOME LN MTG	4.150%	11/13/28	20,000	19,999
FEDERAL HOME LN MTG	4.200%	11/16/28	50,000	49,994
FEDERAL HOME LN MTG	4.200%	11/06/28	25,000	25,000
FNMA DTD	4.160%	09/29/28	25,000	25,000
FNMA DTD	4.180%	09/29/28	25,000	25,000
FNMA	4.160%	09/21/28	50,000	49,956
FREDDIE MAC	4.210%	11/17/28	50,000	50,000
U.S SAVINGS BOND SERIES I	3.160%	01/01/40	269,263	269,263
U.S SAVINGS BOND SERIES I	2.860%	01/01/43	31,402	31,402
U.S SAVINGS BOND SERIES I	3.570%	02/01/39	294,902	294,902
U.S SAVINGS BOND SERIES EE	3.000%	03/01/38	148,331	148,331
U.S SAVINGS BOND SERIES I	5.900%	10/01/31	575,018	575,018
U.S SAVINGS BOND SERIES I	4.480%	01/01/33	403,852	403,852
U.S SAVINGS BOND SERIES I	4.080%	02/01/38	343,798	343,798
U.S SAVINGS BOND SERIES I	4.890%	10/01/32	228,886	228,886
U.S SAVINGS BOND SERIES I	3.220%	05/01/44	245,841	245,841

TOTAL U.S. GOVERNMENT SECURITIES				2,936,141


(a)	(b)	(c)			(d)	(e)
	IDENTITY OF ISSUE	DESCRIPTION OF INVESTMENT			COST	CURRENT
*					**	VALUE
		coupon	maturity	par/units
				(000's)		($000's)

	CORPORATE DEBT SECURITIES

	BK MONTREAL CH	4.250%	09/08/28	5,000		4,985
	BK MONTREAL MEDIU	4.750%	03/31/28	10,000		10,008
	CITIGROUP INC VAR	4.200%	09/08/28	10,000		9,982
	CR AGRICOLE CORP	4.200%	09/22/28	15,000		14,734
	INTL BUSINESS	3.450%	02/19/26	2,500		2,498
	NATL BK CDA STR	4.250%	09/15/28	15,000		15,004
	PVTPL JACKSON	5.500%	01/09/26	1,286		1,286
	ROYAL BANK OF CA	4.700%	03/24/28	15,000		15,025
	MACQUARIE GROUP LTD	0.000 %	01/22/26	15,000		14,965
	OVERWATCH BRAVO FDG	0.000 %	01/28/26	11,200		11,167

	TOTAL CORPORATE DEBT SECURITIES					99,654

*	PARTICIPANT LOANS	3.75% to 10.00% Maturity from 1 to 180 months				116,202

	COMMON/COLLECTIVE TRUSTS

*	NT S&P 500 INDEX FUND			299		8,004,223

*	NT EXTENDED EQUITY MARKET INDEX FUND			2,267		3,292,528

*	NT WORLD EX-US INVESTABLE MARKET INDEX FUND			7,736		2,390,522

*	NT AGGREGATE BOND INDEX FUND			2,138		1,321,654

*	NT GOVERNMENT STIF FUND			246,322		246,322

	TOTAL COMMON/COLLECTIVE TRUSTS					15,255,249

	COMMON STOCK

*	EXXON MOBIL CORPORATION			61,166		7,360,786

	TOTAL ASSETS HELD					25,768,032

*Party in interest as defined by ERISA

**Cost information is not required for participant-directed investments and, therefore, is not included

Report of Independent Registered Public Accounting Firm

To the Administrator and Plan Participants of ExxonMobil Savings Plan

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of ExxonMobil Savings Plan (the

“Plan”) as of December 31, 2025 and 2024 and the related statement of changes in net assets available for benefits

for the year ended December 31, 2025, including the related notes (collectively referred to as the “financial

statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available

for benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for benefits for

the year ended December 31, 2025 in conformity with accounting principles generally accepted in the United States

of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an

opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the

Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with

respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of

the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those

standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial

statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements,

whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included

examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits

also included evaluating the accounting principles used and significant estimates made by management, as well as

evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable

basis for our opinion.

Supplemental Information

The supplemental Schedule H, line 4i- Schedule of Assets (Held At End Of Year) as of December 31, 2025

("supplemental schedule") has been subjected to audit procedures performed in conjunction with the audit of the

Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit

procedures included determining whether the supplemental schedule reconciles to the financial statements or the

underlying accounting and other records, as applicable, and performing procedures to test the completeness and

accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental

schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in

conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee

Retirement Income Security Act of 1974. In our opinion, the supplemental schedule is fairly stated, in all material

respects, in relation to the financial statements as a whole.

/s/ PricewaterhouseCoopers LLP

Houston, Texas

June 10, 2026

We have served as the Plan’s auditor since at least 1994. We have not been able to determine the specific year we

began serving as auditor of the Plan.


	Page

Financial Statements

Statements of Net Assets Available for Benefits	3

Statement of Changes in Net Assets Available for Benefits	4

Notes to Financial Statements	5-9

Supplemental Schedule

Schedule H, Line 4i - Schedule of Assets (Held At End Of Year)	10-11

Report of Independent Registered Public Accounting Firm	12

Signature	13

Exhibit Index	14


	December 31,
	2025	2024
Assets

Investments, at fair value (Note 5):

Exxon Mobil Corporation common stock	7,361	7,165

Other investments	18,291	16,256

Other investments on loan	—	2

Total investments	25,652	23,423

Receivables:

Notes receivable from participants	116	118

Other receivables	15	169

Total receivables	131	287

Total assets	25,783	23,710

Liabilities

Payables and accrued liabilities	104	71
Payables for cash collateral on securities on loan	—	2

Total liabilities	104	73

Net assets available for benefits	25,679	23,637


Contributions:

Employer	300
Participant	466
Transfers-in at fair value	25

Total contributions	791


Investment income/(loss):

Interest	122
Dividends	264
Net appreciation/(depreciation) in fair value of investments	3,120

Net investment income/(loss)	3,506

Interest income on notes receivable from participants	9


Benefit payments	(2,264)

Net increase/(decrease)	2,042

Net assets available for benefits:

Beginning of year	23,637


End of year	25,679


	ExxonMobil Savings Plan


	/s/ Kristy A. Walker

	Kristy A. Walker
	Administrator-Accounting

Dated: June 10, 2026


23	Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm Dated June 10, 2026