Conocophillips (COP) Tax Provisions (2009 - 2026)

Conocophillips (COP) has 18 years of Tax Provisions data on file, last reported at $1.2 billion in Q1 2026.

• On a quarterly basis, Tax Provisions fell 27.03% year-over-year to $1.2 billion in Q1 2026; TTM through Mar 2026 was $4.2 billion, a 13.46% increase from a year earlier, with the FY2025 full-year figure at $4.7 billion, up 5.44% from the prior year.
• Tax Provisions for Q1 2026 stood at $1.2 billion, up from $803.0 million in the prior quarter.
• Over the last five years, Tax Provisions for COP reached as high as $2.9 billion in Q3 2022 and fell as low as -$394.0 million in Q4 2024.
• Historically, Tax Provisions has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2023.
• Across the five-year window, Tax Provisions plunged 131.34% in 2024 and jumped 303.81% in 2025, its largest moves.
• Year by year, Tax Provisions stood at $2.0 billion in 2022, then tumbled by 36.71% to $1.3 billion in 2023, then plunged by 131.34% to -$394.0 million in 2024, then soared by 303.81% to $803.0 million in 2025, then surged by 46.95% to $1.2 billion in 2026.
• Per Business Quant data, the three most recent Tax Provisions figures were $1.2 billion in Q1 2026, $803.0 million in Q4 2025, and $1.2 billion in Q3 2025.