ConocoPhillips (COP) financials
ConocoPhillips revenue and earnings by year
ConocoPhillips's revenue was $61.5 billion in the fiscal year to December 31, 2025, up 8.1% from the year before. Net income was $7.99 billion, 13.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 10.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 61.5 | 57.0 | 58.6 | 82.2 | 48.3 | 19.3 | 36.7 | 38.7 | 32.6 | 24.4 |
| Revenue growth | 8.1% | -2.8% | -28.7% | 69.9% | 151.1% | -47.5% | -5.3% | 18.9% | 33.8% | — |
| Gross profit | 26.7 | 26.1 | 26.8 | 37.8 | 22.9 | 6.1 | 18.6 | 18.2 | 14.1 | 8.0 |
| Gross margin | 43.5% | 45.8% | 45.8% | 46.0% | 47.3% | 31.6% | 50.6% | 46.9% | 43.4% | 32.8% |
| Operating income | 13.9 | 14.7 | 17.4 | 29.2 | 13.8 | -2.2 | 10.7 | 11.0 | -1.1 | -3.9 |
| Operating margin | 22.6% | 25.9% | 29.8% | 35.5% | 28.6% | -11.2% | 29.2% | 28.5% | -3.4% | -15.9% |
| Net income | 8.0 | 9.2 | 11.0 | 18.7 | 8.1 | -2.7 | 7.2 | 6.3 | -0.9 | -3.6 |
| Net margin | 13.0% | 16.2% | 18.7% | 22.7% | 16.7% | -14.0% | 19.6% | 16.2% | -2.6% | -14.8% |
| Diluted EPS | $6.35 | $7.81 | $9.06 | $14.57 | $6.07 | -$2.51 | $6.40 | — | -$0.70 | -$2.91 |
| Free cash flow | 7.2 | 8.0 | 8.7 | 18.2 | 11.7 | 0.1 | 4.5 | 6.2 | 2.5 | -0.5 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open COP in Markets.
How ConocoPhillips makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Lower Forty Eight | $13.0B | 73.0% |
| Europe Middle East & North Africa | $2.28B | 12.7% |
| Alaska | $1.87B | 10.5% |
| Asia Pacific Operating | $674M | 3.8% |
| Corporate | $6.00M | 0.0% |
See also: COP valuation and P/E history · COP returns
No forecast, no recommendation. This page describes ConocoPhillips from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.