Conocophillips (COP) Cost of Revenue (2017 - 2026)

Conocophillips has reported Cost of Revenue over the past 10 years, most recently at $6.3 billion for Q1 2026.

Quarterly Cost of Revenue rose 1.54% to $6.3 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $22.4 billion through Mar 2026, up 7.45% year-over-year, with the annual reading at $22.3 billion for FY2025, 11.56% up from the prior year.
Cost of Revenue was $6.3 billion for Q1 2026 at Conocophillips, up from $5.2 billion in the prior quarter.
Over five years, Cost of Revenue peaked at $9.3 billion in Q3 2022 and troughed at $4.6 billion in Q2 2023.
The 5-year median for Cost of Revenue is $5.7 billion (2023), against an average of $6.2 billion.
Year-over-year, Cost of Revenue skyrocketed 208.01% in 2022 and then plummeted 50.01% in 2023.
A 5-year view of Cost of Revenue shows it stood at $8.7 billion in 2022, then crashed by 35.0% to $5.7 billion in 2023, then dropped by 10.66% to $5.1 billion in 2024, then grew by 2.4% to $5.2 billion in 2025, then grew by 20.94% to $6.3 billion in 2026.
Per Business Quant, the three most recent readings for COP's Cost of Revenue are $6.3 billion (Q1 2026), $5.2 billion (Q4 2025), and $5.9 billion (Q3 2025).

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