Conocophillips (COP) Operating Expenses (2009 - 2026)

Conocophillips (COP) has 18 years of Operating Expenses data on file, last reported at $2.3 billion in Q1 2026.

• On a quarterly basis, Operating Expenses fell 9.18% year-over-year to $2.3 billion in Q1 2026; TTM through Mar 2026 was $10.1 billion, a 9.29% increase from a year earlier, with the FY2025 full-year figure at $10.3 billion, up 18.06% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.3 billion, down from $2.6 billion in the prior quarter.
• Over the last five years, Operating Expenses for COP reached as high as $2.6 billion in Q3 2025 and fell as low as $1.6 billion in Q1 2022.
• Historically, Operating Expenses has averaged $2.1 billion across 5 years, with a median of $2.0 billion in 2023.
• Across the five-year window, Operating Expenses climbed 29.52% in 2022 and dropped 9.18% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $1.9 billion in 2022, then gained by 7.85% to $2.0 billion in 2023, then advanced by 13.67% to $2.3 billion in 2024, then increased by 13.41% to $2.6 billion in 2025, then declined by 13.16% to $2.3 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $2.3 billion in Q1 2026, $2.6 billion in Q4 2025, and $2.6 billion in Q3 2025.