Conocophillips (COP) Asset Writedowns and Impairment (2009 - 2026)

Conocophillips (COP) has 18 years of Asset Writedowns and Impairment data on file, last reported at $19.0 million in Q1 2026.

• On a quarterly basis, Asset Writedowns and Impairment rose 1800.0% year-over-year to $19.0 million in Q1 2026; TTM through Mar 2026 was $44.0 million, a 45.68% decrease from a year earlier, with the FY2025 full-year figure at $26.0 million, down 67.5% from the prior year.
• Asset Writedowns and Impairment for Q1 2026 stood at $19.0 million, up from $14.0 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for COP reached as high as $46.0 million in Q4 2024 and fell as low as -$18.0 million in Q4 2022.
• Historically, Asset Writedowns and Impairment has averaged $9.1 million across 5 years, with a median of $2.0 million in 2022.
• Across the five-year window, Asset Writedowns and Impairment sank 102.36% in 2022 and jumped 2200.0% in 2024, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at -$18.0 million in 2022, then soared by 111.11% to $2.0 million in 2023, then soared by 2200.0% to $46.0 million in 2024, then tumbled by 69.57% to $14.0 million in 2025, then soared by 35.71% to $19.0 million in 2026.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $19.0 million in Q1 2026, $14.0 million in Q4 2025, and $10.0 million in Q3 2025.