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

Conocophillips (COP) has reported Cost of Revenue for 10 consecutive years, with $6.3 billion the latest figure, recorded in 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 climbed to $6.3 billion in Q1 2026 per COP's latest filing, from $5.2 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $9.3 billion in Q3 2022 and bottomed at $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.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 208.01% — and 2023, when it sank 50.01%.
• Conocophillips' Cost of Revenue stood at $8.7 billion in 2022, then slumped by 35.0% to $5.7 billion in 2023, then declined by 10.66% to $5.1 billion in 2024, then advanced by 2.4% to $5.2 billion in 2025, then advanced by 20.94% to $6.3 billion in 2026.
• Business Quant data shows COP's Cost of Revenue at $6.3 billion in Q1 2026, $5.2 billion in Q4 2025, and $5.9 billion in Q3 2025.