Bp (BP) Tax Provisions (2009 - 2026)

Bp (BP) has reported Tax Provisions for 15 consecutive years, with $3.2 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Tax Provisions rose 46.79% year-over-year to $3.2 billion; the TTM figure through Mar 2026 stood at $7.5 billion (up 36.13% YoY), while the FY2025 annual figure was $6.5 billion, up 16.17% from the prior year.
• Tax Provisions came in at $3.2 billion for Q1 2026 at Bp, up from $1.6 billion in the prior quarter.
• The five-year high for Tax Provisions was $5.7 billion in Q4 2022, with the low at $663.0 million in Q4 2023.
• Average Tax Provisions over 5 years is $2.2 billion, with a median of $1.9 billion recorded in 2025.
• Across the five-year window, Tax Provisions jumped 292.14% in 2022 and sank 88.45% in 2023, its largest moves.
• Year by year, Tax Provisions stood at $5.7 billion in 2022, then tumbled by 88.45% to $663.0 million in 2023, then jumped by 68.48% to $1.1 billion in 2024, then jumped by 45.21% to $1.6 billion in 2025, then surged by 94.39% to $3.2 billion in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $3.2 billion, $1.6 billion, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.