Bp (BP) Gross Margin (2009 - 2026)

Bp (BP) posted quarterly Gross Margin of 99.18% for Q1 2026, up 13.0% year-over-year from 87.77% in Q1 2025, and little changed on a QoQ basis from 99.14% in Q4 2025.

Bp (BP) Gross Margin (2009 - 2026) Analysis & Trends

Bp (BP) has reported Gross Margin for 15 consecutive years, with 99.18% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 13.0% year-over-year to 99.18%; the TTM figure through Mar 2026 stood at 99.14% (up 9.0% YoY), while the FY2022 annual figure was 99.07%, down 68.0% from the prior year.
  • Gross Margin came in at 99.18% for Q1 2026 at Bp, roughly flat from 99.14% in the prior quarter.
  • The five-year high for Gross Margin was 99.18% in Q2 2023, with the low at 96.64% in Q4 2022.
  • Average Gross Margin over 5 years is 98.93%, with a median of 99.11% recorded in 2025.
  • Across the five-year window, Gross Margin sank 255 bps in 2022 and jumped 250 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 96.64% in 2022, then gained by 3 bps to 99.15% in 2023, then declined by 0 bps to 99.12% in 2024, then grew by 0 bps to 99.14% in 2025, then climbed by 0 bps to 99.18% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 99.18%, 99.14%, and 99.11% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn 48.18%
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 99.18%
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 49.51%
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 41.85%
6 Equinor Asa 77.88 Bn 70.78 Bn - -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 75.79%
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn -12.33%
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 3.54%
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 99.18%
Dec 31, 2025 99.14%
Sep 30, 2025 99.11%
Jun 30, 2025 99.11%
Mar 31, 2025 99.05%
Dec 31, 2024 96.07%
Sep 30, 2024 99.01%
Jun 30, 2024 99.00%
Mar 31, 2024 99.09%
Dec 31, 2023 99.15%
Sep 30, 2023 99.14%
Jun 30, 2023 99.18%
Mar 31, 2023 99.16%
Dec 31, 2022 99.20%
Sep 30, 2022 98.84%
Mar 31, 2022 98.97%
Dec 31, 2021 97.41%
Sep 30, 2021 99.02%
Jun 30, 2021 99.22%
Mar 31, 2021 99.27%