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

Conocophillips (COP) has 10 years of Cost of Revenue data on file, last reported at $6.3 billion in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 1.54% year-over-year to $6.3 billion in Q1 2026; TTM through Mar 2026 was $22.4 billion, a 7.45% increase from a year earlier, with the FY2025 full-year figure at $22.3 billion, up 11.56% from the prior year.
• Cost of Revenue for Q1 2026 stood at $6.3 billion, up from $5.2 billion in the prior quarter.
• Over the last five years, Cost of Revenue for COP reached as high as $9.3 billion in Q3 2022 and fell as low as $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.
• Across the five-year window, Cost of Revenue surged 208.01% in 2022 and tumbled 50.01% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $8.7 billion in 2022, then slumped by 35.0% to $5.7 billion in 2023, then retreated 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 data, the three most recent Cost of Revenue figures were $6.3 billion in Q1 2026, $5.2 billion in Q4 2025, and $5.9 billion in Q3 2025.