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| Date | Value |
|---|---|
| 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 |