Conocophillips (COP) Gross Margin (2017 - 2026)

Conocophillips (COP) has 10 years of Gross Margin data on file, last reported at 60.14% in Q1 2026.

• On a quarterly basis, Gross Margin fell 240.0% year-over-year to 60.14% in Q1 2026; TTM through Mar 2026 was 61.08%, a 181.0% decrease from a year earlier, with the FY2025 full-year figure at 62.13%, down 132.0% from the prior year.
• Gross Margin for Q1 2026 stood at 60.14%, up from 55.14% in the prior quarter.
• Over the last five years, Gross Margin for COP reached as high as 65.63% in Q2 2024 and fell as low as 892.66% in Q4 2023.
• Historically, Gross Margin has averaged 4.02% across 5 years, with a median of 61.48% in 2024.
• Across the five-year window, Gross Margin tumbled 93666 bps in 2023 and jumped 95217 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 44.01% in 2022, then tumbled by 2128 bps to 892.66% in 2023, then soared by 107 bps to 59.51% in 2024, then retreated by 7 bps to 55.14% in 2025, then grew by 9 bps to 60.14% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 60.14% in Q1 2026, 55.14% in Q4 2025, and 62.27% in Q3 2025.