Conocophillips (COP) Gross Profit (2017 - 2026)
Conocophillips (COP) posted quarterly Gross Profit of $9.5 billion for Q1 2026, down 8.24% year-over-year from $10.3 billion in Q1 2025, and up 48.42% quarter-over-quarter from $6.4 billion in Q4 2025.
Conocophillips (COP) Gross Profit (2017 - 2026) Analysis & Trends
Conocophillips (COP) has reported Gross Profit for 10 consecutive years, with $9.5 billion the latest figure, recorded in 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 $35.2 billion (changed 0.49% YoY), while the FY2025 annual figure was $36.6 billion, up 5.43% from the prior year.
- Gross Profit advanced to $9.5 billion in Q1 2026 per COP's latest filing, from $6.4 billion in the prior quarter.
- Across five years, Gross Profit topped out at $12.5 billion in Q1 2022 and bottomed at -$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.
- Annual changes were most pronounced in 2023 — Gross Profit slumped 174.38% — and 2024, when it soared 246.02%.
- Conocophillips' Gross Profit stood at $6.9 billion in 2022, then plunged by 174.38% to -$5.1 billion in 2023, then jumped by 246.02% to $7.5 billion in 2024, then slipped by 14.35% to $6.4 billion in 2025, then surged by 48.42% to $9.5 billion in 2026.
- Business Quant data shows COP's Gross Profit at $9.5 billion in Q1 2026, $6.4 billion in Q4 2025, and $9.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.50 Bn | 155.81 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.53 Bn | 104.64 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.14 Bn | 75.24 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 6 | Woodside Energy | 46.08 Bn | 40.14 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 34.01 Bn | 33.89 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.39 Bn | 26.15 Bn | - |
| 10 | Expand Energy | 22.99 Bn | 21.72 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.81 Bn |
| Jun 30, 2026 | 12.81 Bn |
| 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 |