Conocophillips (COP) Deferred Taxes (2009 - 2026)

Conocophillips (COP) has reported Deferred Taxes for 18 consecutive years, with $47.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Deferred Taxes fell 68.46% year-over-year to $47.0 million in Q2 2026; TTM through Jun 2026 was $620.0 million, a 164.96% increase from a year earlier, with the FY2025 full-year figure at $549.0 million, up 49.59% from the prior year.
• Deferred Taxes was $47.0 million for Q2 2026 at Conocophillips, down from $102.0 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $726.0 million in Q3 2022 and troughed at -$71.0 million in Q1 2025.
• A 5-year average of $238.7 million and a median of $157.0 million in 2023 frame the typical range for Deferred Taxes.
• The widest YoY moves for Deferred Taxes: up 831.58% in 2025, down 181.61% in 2025.
• Over 5 years, Deferred Taxes stood at $492.0 million in 2022, then retreated by 20.33% to $392.0 million in 2023, then plunged by 69.9% to $118.0 million in 2024, then retreated by 0.85% to $117.0 million in 2025, then plunged by 59.83% to $47.0 million in 2026.
• The last three Deferred Taxes figures came in at $47.0 million (Q2 2026), $102.0 million (Q1 2026), and $117.0 million (Q4 2025), per Business Quant data.