ConocoPhillips (COP) income statement
NYSE · Energy · Oil & Gas Exploration & Production · 9,600 employees · CEO Andrew O'Brien
- Price
- $154.03 +2.67%
- Market cap
- $185B
- Enterprise value
- $202B
- Last report
- Q2 '26 filed 2026-08-06
- Next report
- 2026-11-05 EPS est. $3.05
ConocoPhillips (COP) reported revenue of $19.2B for Q2 '26 (+36.8% year on year), operating income of $5.98B (31.2% of revenue) and net income of $3.93B. Over the last four quarters revenue was $63.3B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.3B | $14.7B | $13.8B | $13.6B | $13B | $14.2B | $16.5B | $14B | $15B | $13.4B | $15.8B | $19.2B | |
| Cost of revenue | $9.63B | $9.93B | $9.56B | $9.36B | $9.4B | $10B | $11.4B | $10.5B | $11.4B | $10.8B | $11.5B | $12.1B | |
| Gross profit | $4.62B | $4.8B | $4.29B | $4.26B | $3.64B | $4.19B | $5.08B | $3.51B | $3.63B | $2.58B | $4.3B | $7.04B | |
| Other operating expenses | $628M | $535M | $667M | $638M | $546M | $591M | $668M | $653M | $596M | $636M | $716M | $868M | |
| Operating expenses | $797M | $707M | $845M | $802M | $732M | $1.22B | $859M | $903M | $867M | $817M | $909M | $1.06B | |
| Operating income | $3.82B | $4.09B | $3.44B | $3.46B | $2.91B | $2.97B | $4.22B | $2.61B | $2.76B | $1.76B | $3.39B | $5.98B | |
| Interest income | $412M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $262M | $298M | $285M | $278M | $269M | $276M | $299M | $327M | $317M | $290M | $295M | $281M | |
| Other non-operating income (gains on investments, FX ...) | -$542M | -$474M | -$650M | -$475M | -$593M | -$279M | -$547M | -$738M | -$487M | -$775M | -$271M | -$384M | |
| Total non-operating income | $280M | $176M | $365M | $197M | $324M | $3M | $248M | $411M | $170M | $485M | -$24M | $103M | |
| Income before tax | $4.1B | $4.26B | $3.81B | $3.66B | $3.24B | $2.97B | $4.47B | $3.02B | $2.93B | $2.25B | $3.36B | $6.08B | |
| Income tax | $1.3B | $1.26B | $1.26B | $1.33B | $1.18B | $664M | $1.62B | $1.05B | $1.2B | $803M | $1.18B | $2.15B | |
| Net income | $2.8B | $3.01B | $2.55B | $2.33B | $2.06B | $2.31B | $2.85B | $1.97B | $1.73B | $1.44B | $2.18B | $3.93B | |
| EPS (basic) | $2.32 | $2.53 | $2.16 | $1.99 | $1.77 | $1.90 | $2.23 | $1.56 | $1.38 | $1.17 | $1.78 | $3.23 | |
| EPS (diluted) | $2.31 | $2.52 | $2.15 | $1.98 | $1.76 | $1.90 | $2.23 | $1.56 | $1.38 | $1.16 | $1.78 | $3.23 | |
| Shares (basic, weighted) | 1.19B | 1.19B | 1.18B | 1.17B | 1.16B | 1.21B | 1.27B | 1.26B | 1.25B | 1.23B | 1.22B | 1.21B | |
| Shares (diluted, weighted) | 1.19B | 1.19B | 1.18B | 1.17B | 1.16B | 1.21B | 1.27B | 1.26B | 1.25B | 1.23B | 1.22B | 1.21B | |
| Depreciation & amortization | $2.14B | $2.23B | $2.21B | $2.33B | $2.39B | $2.66B | $2.75B | $3B | $2.92B | $3B | $2.91B | $2.98B | |
| EBITDA | $6.51B | $6.8B | $6.3B | $6.27B | $5.89B | $5.91B | $7.51B | $6.34B | $6.16B | $5.53B | $6.56B | $9.35B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.7B | $29.1B | $36.4B | $32.6B | $18.8B | $45.8B | $78.5B | $56.1B | $54.7B | $58.9B | |
| Cost of revenue | $24.7B | $24.5B | $25.5B | $23.3B | $17.9B | $31.1B | $48.5B | $37.9B | $38.4B | $44.2B | |
| Gross profit | -$1.01B | $4.62B | $11B | $9.31B | $841M | $14.8B | $30B | $18.2B | $16.4B | $14.8B | |
| Other operating expenses | $2.65B | $1.74B | $1.42B | $1.7B | $2.21B | $1.98B | $3.93B | $2.47B | $2.44B | $2.55B | |
| Operating expenses | $3.12B | $2.17B | $1.82B | $2.25B | $2.64B | $2.7B | $4.55B | $3.18B | $3.6B | $3.45B | |
| Operating income | -$4.13B | $2.45B | $9.14B | $7.06B | -$1.8B | $12.1B | $25.5B | $15B | $12.8B | $11.3B | |
| Interest income | $57M | $112M | $97M | $166M | $100M | $33M | $195M | $412M | $402M | $311M | |
| Interest expense | $1.67B | $1.46B | $1.09B | $1.1B | $1.06B | $1.13B | $1.06B | $1.06B | $1.11B | $1.23B | |
| Other non-operating income (gains on investments, FX ...) | -$270M | $3.61B | -$1.93B | -$3.57B | $282M | -$1.77B | -$3.82B | -$2.33B | -$2B | -$2.55B | |
| Total non-operating income | -$1.4B | -$5.07B | $837M | $2.46B | -$1.34B | $641M | $2.77B | $1.26B | $889M | $1.31B | |
| Income before tax | -$5.53B | -$2.62B | $9.97B | $9.52B | -$3.14B | $12.7B | $28.2B | $16.3B | $13.7B | $12.7B | |
| Income tax | -$1.97B | -$1.82B | $3.67B | $2.27B | -$485M | $4.63B | $9.55B | $5.33B | $4.43B | $4.67B | |
| Net income | -$3.62B | -$855M | $6.26B | $7.19B | -$2.7B | $8.08B | $18.7B | $11B | $9.25B | $7.99B | |
| EPS (basic) | -$2.91 | -$0.70 | $5.36 | $6.43 | -$2.51 | $6.10 | $14.62 | $9.08 | $7.82 | $6.36 | |
| EPS (diluted) | -$2.90 | -$0.70 | $5.32 | $6.40 | -$2.51 | $6.08 | $14.57 | $9.06 | $7.81 | $6.35 | |
| Shares (basic, weighted) | 1.24B | 1.22B | 1.17B | 1.12B | 1.08B | 1.32B | 1.27B | 1.2B | 1.18B | 1.25B | |
| Shares (diluted, weighted) | 1.25B | 1.22B | 1.18B | 1.12B | 1.08B | 1.33B | 1.28B | 1.21B | 1.18B | 1.25B | |
| Depreciation & amortization | $10.2B | $6.85B | $5.96B | $6.09B | $6.6B | $7.21B | $7.5B | $8.27B | $9.6B | $11.5B | |
| EBITDA | $6.39B | $5.69B | $17B | $16.7B | $4.52B | $21B | $36.8B | $25.6B | $24.4B | $25.4B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01