Bp (BP) Tax Provisions (2012 - 2026)

Bp's Tax Provisions history runs 15 years deep, the most recent figure standing at $3.2 billion for 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 was $3.2 billion for Q1 2026 at Bp, up from $1.6 billion in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $5.7 billion in Q4 2022 to a low of $663.0 million in Q4 2023.
• Historically, Tax Provisions has averaged $2.2 billion across 5 years, with a median of $1.9 billion in 2025.
• The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 292.14% in 2022, then plunged 88.45% in 2023.
• A 5-year view of Tax Provisions shows it stood at $5.7 billion in 2022, then slumped 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.
• The last three Tax Provisions figures came in at $3.2 billion (Q1 2026), $1.6 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.