Bp (BPPFF) Tax Provisions (2012 - 2026)

Bp (BPPFF) recorded quarterly Tax Provisions of $3.2 billion in Q1 2026, up 94.39% quarter-over-quarter from $1.6 billion in Q4 2025, and up 46.79% on a YoY basis from $2.1 billion in Q1 2025.

Bp (BPPFF) Tax Provisions (2012 - 2026) Analysis & Trends

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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 2.50 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -4,647.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 1.70 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 374.81 Mn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 3.15 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Bp - - - 3.15 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.15 Bn
Dec 31, 2025 1.62 Bn
Sep 30, 2025 1.73 Bn
Jun 30, 2025 954.00 Mn
Mar 31, 2025 2.15 Bn
Dec 31, 2024 1.12 Bn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.18 Bn
Mar 31, 2024 2.22 Bn
Dec 31, 2023 663.00 Mn
Sep 30, 2023 2.24 Bn
Jun 30, 2023 1.54 Bn
Mar 31, 2023 3.43 Bn
Dec 31, 2022 5.74 Bn
Sep 30, 2022 3.96 Bn
Mar 31, 2022 2.53 Bn
Dec 31, 2021 1.46 Bn
Sep 30, 2021 1.85 Bn
Jun 30, 2021 1.78 Bn
Mar 31, 2021 1.64 Bn