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

Conocophillips' Cost of Revenue history runs 10 years deep, the most recent figure standing at $6.3 billion for Q1 2026.

• In Q1 2026, Cost of Revenue rose 1.54% year-over-year to $6.3 billion; the TTM figure through Mar 2026 stood at $22.4 billion (up 7.45% YoY), while the FY2025 annual figure was $22.3 billion, up 11.56% 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.
• In the past five years, Cost of Revenue ranged from a high of $9.3 billion in Q3 2022 to a low of $4.6 billion in Q2 2023.
• Historically, Cost of Revenue has averaged $6.2 billion across 5 years, with a median of $5.7 billion in 2023.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 208.01% in 2022, then slumped 50.01% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $8.7 billion in 2022, then tumbled by 35.0% to $5.7 billion in 2023, then fell by 10.66% to $5.1 billion in 2024, then climbed by 2.4% to $5.2 billion in 2025, then climbed by 20.94% to $6.3 billion in 2026.
• The last three Cost of Revenue figures came in at $6.3 billion (Q1 2026), $5.2 billion (Q4 2025), and $5.9 billion (Q3 2025), per Business Quant data.