Conocophillips (COP) Operating Income (2017 - 2026)

Conocophillips' (COP) quarterly Operating Income came in at $7.2 billion in Q1 2026, down 7.94% year-on-year from $7.8 billion in Q1 2025, and up 91.29% on a QoQ basis from $3.8 billion in Q4 2025.

Conocophillips (COP) Operating Income (2017 - 2026) Analysis & Trends

Conocophillips (COP) has 10 years of Operating Income data on file, last reported at $7.2 billion in Q1 2026.

  • On a quarterly basis, Operating Income fell 7.94% year-over-year to $7.2 billion in Q1 2026; TTM through Mar 2026 was $25.1 billion, a 3.95% decrease from a year earlier, with the FY2025 full-year figure at $26.3 billion, up 1.18% from the prior year.
  • Operating Income for Q1 2026 stood at $7.2 billion, up from $3.8 billion in the prior quarter.
  • Over the last five years, Operating Income for COP reached as high as $11.0 billion in Q1 2022 and fell as low as -$7.1 billion in Q4 2023.
  • Historically, Operating Income has averaged $6.3 billion across 5 years, with a median of $7.0 billion in 2025.
  • Across the five-year window, Operating Income surged 176.74% in 2022 and slumped 243.35% in 2023, its largest moves.
  • Year by year, Operating Income stood at $5.0 billion in 2022, then slumped by 243.35% to -$7.1 billion in 2023, then jumped by 172.07% to $5.1 billion in 2024, then dropped by 26.82% to $3.8 billion in 2025, then soared by 91.29% to $7.2 billion in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $7.2 billion in Q1 2026, $3.8 billion in Q4 2025, and $7.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 994.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.20 Bn
Dec 31, 2025 3.77 Bn
Sep 30, 2025 7.03 Bn
Jun 30, 2025 7.08 Bn
Mar 31, 2025 7.82 Bn
Dec 31, 2024 5.15 Bn
Sep 30, 2024 6.03 Bn
Jun 30, 2024 7.11 Bn
Mar 31, 2024 6.50 Bn
Dec 31, 2023 -7.14 Bn
Sep 30, 2023 7.33 Bn
Jun 30, 2023 5.85 Bn
Mar 31, 2023 6.89 Bn
Dec 31, 2022 4.98 Bn
Sep 30, 2022 9.96 Bn
Jun 30, 2022 10.19 Bn
Mar 31, 2022 10.96 Bn
Dec 31, 2021 7.08 Bn
Sep 30, 2021 6.05 Bn
Jun 30, 2021 5.18 Bn