Conocophillips (COP) Financial Statements
Industry: Petroleum Refining
In fiscal 2025, Conocophillips reported revenue of $58.94B, up 7.7% from $54.74B the year before. Net income was $7.99B (a 13.6% net margin), or $6.35 per diluted share. Gross margin was 62.1% and operating margin was 60.5%. Operating activities generated $19.80B of cash. At fiscal year end, Conocophillips held $121.94B in total assets against $57.45B in total liabilities, including $6.50B of cash and equivalents.
Open the full interactive Conocophillips financials → Quarterly statements, key ratios, valuation history and price charts.
Conocophillips Key Stats
| Share Price | $140.90 |
|---|---|
| Market Cap | $171.09B |
| P/E Ratio | 22.2 |
| Revenue YoY Growth | +7.7% |
| 52-Week Range | $83.04 – $141.22 |
| Shares Outstanding | 1.21 billion (basic, 2026 Q2) |
Conocophillips Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $19.26B | $48.35B | $78.49B | $56.14B | $54.74B | $58.94B |
| Cost of Goods Sold | $8.08B | $18.16B | $33.97B | $21.98B | $20.01B | $22.32B |
| Gross Profit | $11.18B | $30.19B | $44.52B | $34.17B | $34.73B | $36.62B |
| Operating Income | $10.67B | $29.41B | $43.83B | $33.38B | $33.49B | $35.65B |
| Pre-Tax Income | -$3.14B | $12.71B | $28.23B | $16.29B | $13.67B | $12.66B |
| Income Tax | -$485.0M | $4.63B | $9.55B | $5.33B | $4.43B | $4.67B |
| Net Income | -$2.70B | $8.08B | $18.68B | $10.96B | $9.24B | $7.99B |
| Diluted EPS | -$2.51 | $6.07 | $14.57 | $9.06 | $7.81 | $6.35 |
Conocophillips Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $15.03B | $13.39B | $15.76B | $19.16B |
| Net Income | $1.73B | $1.44B | $2.18B | $3.93B |
| Diluted EPS | $1.38 | $1.15 | $1.78 | $3.23 |
Conocophillips Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.99B | $5.03B | $6.46B | $5.63B | $5.61B | $6.50B |
| Current Assets | $12.07B | $16.05B | $18.75B | $14.33B | $15.65B | $15.53B |
| Total Assets | $62.62B | $90.66B | $93.83B | $95.92B | $122.78B | $121.94B |
| Current Liabilities | $5.37B | $12.02B | $12.85B | $10.01B | $12.12B | $11.97B |
| Total Long-Term Debt | $14.75B | $18.73B | $16.23B | $17.86B | $23.29B | $22.42B |
| Total Liabilities | $32.77B | $45.26B | $45.83B | $46.65B | $57.98B | $57.45B |
| Shareholders' Equity | $29.85B | $45.41B | $48.00B | $49.28B | $64.80B | $64.49B |
Conocophillips Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.80B | $17.00B | $28.31B | $19.96B | $20.12B | $19.80B |
| Cash From Investing | -$4.12B | -$8.54B | -$8.74B | -$12.00B | -$11.15B | -$8.84B |
| Cash From Financing | -$2.71B | -$6.33B | -$18.05B | -$8.66B | -$8.84B | -$10.10B |
| Free Cash Flow | $87.0M | $11.67B | $18.16B | — | — | — |
Figures from Conocophillips' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Conocophillips financials page for every line item.
Conocophillips Company Profile
| Ticker | COP |
|---|---|
| Exchange | NYSE |
| Industry | Petroleum Refining |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001163165 |
Frequently Asked Questions
What was Conocophillips' revenue in fiscal 2025?
Conocophillips (COP) reported revenue of $58.94B for fiscal 2025.
What is Conocophillips' annual revenue history?
Conocophillips' annual revenue by fiscal year: 2020: $19.26B; 2021: $48.35B; 2022: $78.49B; 2023: $56.14B; 2024: $54.74B; 2025: $58.94B.
What was Conocophillips' net income in fiscal 2025?
Conocophillips reported net income of $7.99B for fiscal 2025.
What was Conocophillips' earnings per share (EPS) in fiscal 2025?
Conocophillips' diluted EPS was $6.35 for fiscal 2025 (adjusted for any later stock splits).
What was Conocophillips' revenue last quarter?
In its most recent reported quarter (2026 Q2), Conocophillips reported revenue of $19.16B.
How much debt does Conocophillips have?
Conocophillips reported $22.42B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Conocophillips are outstanding?
Conocophillips reported a weighted average of 1.21 billion basic shares outstanding in 2026 Q2.
What is Conocophillips' market cap?
Based on its latest closing price, Conocophillips (COP) has a market capitalization of about $171.09B.
When does Conocophillips' fiscal year end?
Conocophillips' fiscal year end, as registered with the SEC, is December 31.
Where is Conocophillips headquartered?
Conocophillips lists its business address in Houston, Texas in its SEC filings.