Conocophillips (COP) Current Taxes (2016 - 2026)

Conocophillips has reported Current Taxes over the past 18 years, most recently at $2.1 billion for Q1 2026.

Quarterly Current Taxes fell 27.06% to $2.1 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $2.1 billion through Mar 2026, down 27.06% year-over-year, with the annual reading at $1.8 billion for FY2025, 25.41% down from the prior year.
Current Taxes was $2.1 billion for Q1 2026 at Conocophillips, up from $1.8 billion in the prior quarter.
Over five years, Current Taxes peaked at $3.2 billion in Q4 2022 and troughed at $1.7 billion in Q2 2023.
The 5-year median for Current Taxes is $2.1 billion (2026), against an average of $2.4 billion.
Year-over-year, Current Taxes skyrocketed 229.72% in 2022 and then plummeted 43.28% in 2023.
A 5-year view of Current Taxes shows it stood at $3.2 billion in 2022, then plummeted by 43.28% to $1.8 billion in 2023, then skyrocketed by 35.84% to $2.5 billion in 2024, then fell by 25.41% to $1.8 billion in 2025, then increased by 16.02% to $2.1 billion in 2026.
Per Business Quant, the three most recent readings for COP's Current Taxes are $2.1 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.9 billion (Q3 2025).

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