Conocophillips (COP) Gross Profit (2017 - 2026)
Conocophillips' (COP) quarterly Gross Profit came in at $9.5 billion in Q1 2026, down 8.24% year-on-year from $10.3 billion in Q1 2025, and up 48.42% on a QoQ basis from $6.4 billion in Q4 2025.
Conocophillips (COP) Gross Profit (2017 - 2026) Analysis & Trends
Conocophillips (COP) has 10 years of Gross Profit data on file, last reported at $9.5 billion in Q1 2026.
- On a quarterly basis, Gross Profit fell 8.24% year-over-year to $9.5 billion in Q1 2026; TTM through Mar 2026 was $35.2 billion, a 0.49% change from a year earlier, with the FY2025 full-year figure at $36.6 billion, up 5.43% from the prior year.
- Gross Profit for Q1 2026 stood at $9.5 billion, up from $6.4 billion in the prior quarter.
- Over the last five years, Gross Profit for COP reached as high as $12.5 billion in Q1 2022 and fell as low as -$5.1 billion in Q4 2023.
- Historically, Gross Profit has averaged $8.4 billion across 5 years, with a median of $9.3 billion in 2024.
- Across the five-year window, Gross Profit plunged 174.38% in 2023 and jumped 246.02% in 2024, its largest moves.
- Year by year, Gross Profit stood at $6.9 billion in 2022, then plunged by 174.38% to -$5.1 billion in 2023, then soared by 246.02% to $7.5 billion in 2024, then declined by 14.35% to $6.4 billion in 2025, then jumped by 48.42% to $9.5 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $9.5 billion in Q1 2026, $6.4 billion in Q4 2025, and $9.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 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 | 9.67 Bn |
| Sep 30, 2025 | 9.67 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 | 7.46 Bn |
| Dec 31, 2024 | 7.46 Bn |
| Sep 30, 2024 | 8.29 Bn |
| Sep 30, 2024 | 8.29 Bn |
| Jun 30, 2024 | 9.28 Bn |
| Jun 30, 2024 | 9.28 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 |