Conocophillips (COP) Operating Income (2016 - 2026)

Conocophillips (COP) recorded quarterly Operating Income of $7.2 billion in Q1 2026, up 91.29% quarter-over-quarter from $3.8 billion in Q4 2025, and down 7.94% on a YoY basis from $7.8 billion in Q1 2025.

Conocophillips (COP) Operating Income (2016 - 2026) Analysis & Trends

Conocophillips' Operating Income history runs 11 years deep, the most recent figure standing at $7.2 billion for Q1 2026.

  • In Q1 2026, Operating Income fell 7.94% year-over-year to $7.2 billion; the TTM figure through Mar 2026 stood at $24.6 billion (down 18.24% YoY), while the FY2025 annual figure was $26.3 billion, down 6.75% from the prior year.
  • Operating Income was $7.2 billion for Q1 2026 at Conocophillips, up from $3.8 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $11.0 billion in Q2 2022 to a low of -$7.1 billion in Q4 2023.
  • Historically, Operating Income has averaged $6.7 billion across 5 years, with a median of $7.1 billion in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Income sank 189.93% in 2023, then soared 226.91% in 2024.
  • A 5-year view of Operating Income shows it stood at $7.9 billion in 2022, then sank by 189.93% to -$7.1 billion in 2023, then jumped by 226.91% to $9.1 billion in 2024, then sank by 58.44% to $3.8 billion in 2025, then surged by 91.29% to $7.2 billion in 2026.
  • The last three Operating Income figures came in at $7.2 billion (Q1 2026), $3.8 billion (Q4 2025), and $6.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 2.60 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 215.59 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 266.77 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -27.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.20 Bn
Dec 31, 2025 3.77 Bn
Sep 30, 2025 6.54 Bn
Jun 30, 2025 7.08 Bn
Mar 31, 2025 7.82 Bn
Dec 31, 2024 9.06 Bn
Sep 30, 2024 6.60 Bn
Jun 30, 2024 6.60 Bn
Mar 31, 2024 6.50 Bn
Dec 31, 2023 -7.14 Bn
Sep 30, 2023 7.33 Bn
Jun 30, 2023 6.38 Bn
Mar 31, 2023 6.89 Bn
Dec 31, 2022 7.94 Bn
Sep 30, 2022 9.96 Bn
Jun 30, 2022 11.01 Bn
Mar 31, 2022 10.96 Bn
Dec 31, 2021 7.08 Bn
Sep 30, 2021 6.05 Bn
Jun 30, 2021 5.83 Bn