Conocophillips (COP) Gross Profit (2017 - 2026)

Conocophillips (COP) recorded quarterly Gross Profit of $9.5 billion in Q1 2026, up 48.42% quarter-over-quarter from $6.4 billion in Q4 2025, and down 8.24% on a YoY basis from $10.3 billion in Q1 2025.

Conocophillips (COP) Gross Profit (2017 - 2026) Analysis & Trends

Conocophillips' Gross Profit history runs 10 years deep, the most recent figure standing at $9.5 billion for Q1 2026.

  • In Q1 2026, Gross Profit fell 8.24% year-over-year to $9.5 billion; the TTM figure through Mar 2026 stood at $34.7 billion (down 11.77% YoY), while the FY2025 annual figure was $36.6 billion, down 0.87% from the prior year.
  • Gross Profit was $9.5 billion for Q1 2026 at Conocophillips, up from $6.4 billion in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $12.8 billion in Q2 2022 to a low of -$5.1 billion in Q4 2023.
  • Historically, Gross Profit has averaged $8.9 billion across 5 years, with a median of $9.3 billion in 2023.
  • The sharpest annual moves came in 2023 and 2024: Gross Profit plunged 151.98% in 2023, then jumped 322.7% in 2024.
  • A 5-year view of Gross Profit shows it stood at $9.8 billion in 2022, then slumped by 151.98% to -$5.1 billion in 2023, then surged by 322.7% to $11.4 billion in 2024, then tumbled by 43.84% to $6.4 billion in 2025, then soared by 48.42% to $9.5 billion in 2026.
  • The last three Gross Profit figures came in at $9.5 billion (Q1 2026), $6.4 billion (Q4 2025), and $9.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.48 Bn
Mar 31, 2026 9.48 Bn
Dec 31, 2025 6.39 Bn
Dec 31, 2025 6.39 Bn
Sep 30, 2025 9.17 Bn
Sep 30, 2025 9.17 Bn
Jun 30, 2025 9.66 Bn
Jun 30, 2025 9.66 Bn
Mar 31, 2025 10.33 Bn
Mar 31, 2025 10.33 Bn
Dec 31, 2024 11.37 Bn
Dec 31, 2024 11.37 Bn
Sep 30, 2024 8.86 Bn
Sep 30, 2024 8.86 Bn
Jun 30, 2024 8.76 Bn
Jun 30, 2024 8.76 Bn
Mar 31, 2024 8.51 Bn
Mar 31, 2024 8.51 Bn
Dec 31, 2023 -5.11 Bn
Dec 31, 2023 -5.11 Bn