Conocophillips (COP) Net Income (2009 - 2026)
Conocophillips (COP) posted quarterly Net Income of $2.2 billion for Q1 2026, down 23.38% year-over-year from $2.8 billion in Q1 2025, and up 51.39% quarter-over-quarter from $1.4 billion in Q4 2025.
Conocophillips (COP) Net Income (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Net Income for 17 consecutive years, with $2.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 23.38% year-over-year to $2.2 billion; the TTM figure through Mar 2026 stood at $7.3 billion (down 30.93% YoY), while the FY2025 annual figure was $8.0 billion, down 13.6% from the prior year.
- Net Income rose to $2.2 billion in Q1 2026 per COP's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Net Income topped out at $5.8 billion in Q1 2022 and bottomed at $1.4 billion in Q4 2025.
- Historically, Net Income has averaged $2.9 billion across 5 years, with a median of $2.8 billion in 2023.
- Annual changes were most pronounced in 2022 — Net Income surged 486.46% — and 2025, when it tumbled 57.13%.
- Conocophillips' Net Income stood at $3.2 billion in 2022, then decreased by 7.45% to $3.0 billion in 2023, then increased by 11.87% to $3.4 billion in 2024, then sank by 57.13% to $1.4 billion in 2025, then soared by 51.39% to $2.2 billion in 2026.
- Business Quant data shows COP's Net Income at $2.2 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.64 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 2.17 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 153.93 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 522.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.93 Bn |
| Mar 31, 2026 | 2.18 Bn |
| Dec 31, 2025 | 1.44 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.97 Bn |
| Mar 31, 2025 | 2.85 Bn |
| Dec 31, 2024 | 3.36 Bn |
| Sep 30, 2024 | 2.06 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 3.01 Bn |
| Sep 30, 2023 | 2.80 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 3.25 Bn |
| Sep 30, 2022 | 4.53 Bn |
| Jun 30, 2022 | 5.15 Bn |
| Mar 31, 2022 | 5.76 Bn |
| Dec 31, 2021 | 2.63 Bn |
| Sep 30, 2021 | 2.38 Bn |