ConocoPhillips (COP) — Financial statements
Income statement, balance sheet, and cash flow for ConocoPhillips — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 58,714↑7.5% | 54,612↓2.6% | 56,055↓28.7% | 78,582↑70.6% | 46,056 | |
| Cost of Revenue | 44,252↑14.7% | 38,584↑0.9% | 38,246↓21.9% | 48,954↑56.3% | 31,329 | |
| Gross Profit | 14,462↓9.8% | 16,028↓10.0% | 17,809↓39.9% | 29,628↑101.2% | 14,727 | |
| Operating Expenses | ||||||
| R&D Expenses | 78↓3.7% | 81↑0.0% | 81↑14.1% | 71↑14.5% | 62 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 743↓31.0% | 1,077↑72.6% | 624↓41.3% | 1,063↑31.1% | 811 | |
| Other Expenses | 2,146↑2.8% | 2,087↑0.6% | 2,074↓27.3% | 2,853↑92.8% | 1,480 | |
| Operating Expenses | 2,967↓8.6% | 3,245↑16.8% | 2,779↓30.3% | 3,987↑69.4% | 2,353 | |
| Total Costs & Expenses | 47,219↑12.9% | 41,829↑2.0% | 41,025↓22.5% | 52,941↑57.2% | 33,682 | |
| Operating Results | ||||||
| Operating Income | 11,495↓10.1% | 12,783↓15.0% | 15,030↓41.4% | 25,641↑107.2% | 12,374 | |
| Depreciation & Amortization | 11,681↑21.1% | 9,645↑14.4% | 8,432↑7.5% | 7,844↑8.2% | 7,252 | |
| EBITDA | 23,176↓5.1% | 24,425↓5.3% | 25,783↓30.6% | 37,127↑76.0% | 21,090 | |
| EBIT | 11,495↓22.2% | 14,780↓14.8% | 17,351↓40.7% | 29,283↑111.6% | 13,838 | |
| Interest & Other Income | ||||||
| Net Interest Income | -922↓30.6% | -706↓8.4% | -651↑24.3% | -860↑21.3% | -1,093 | |
| Interest Income | 311↓22.6% | 402↓2.4% | 412↑111.3% | 195↑490.9% | 33 | |
| Interest Expense | 1,233↑11.3% | 1,108↑4.2% | 1,063↑0.8% | 1,055↓6.3% | 1,126 | |
| Non-Operating Income | 0.00↑100.0% | -1,997↑14.0% | -2,321↑36.3% | -3,642↓148.8% | -1,464 | |
| Other Income / Expenses | 1,161↑30.6% | 889↓29.3% | 1,258↓51.4% | 2,587↑665.4% | 338 | |
| Income Before Tax | 12,656↓7.4% | 13,672↓16.1% | 16,288↓42.3% | 28,228↑122.1% | 12,712 | |
| Income Tax Expense | 4,668↑5.4% | 4,427↓17.0% | 5,331↓44.2% | 9,548↑106.1% | 4,633 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 7,988↓13.6% | 9,245↓15.6% | 10,957↓41.3% | 18,680↑131.2% | 8,079 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 7,988↓13.3% | 9,218↓15.6% | 10,922↓41.3% | 18,620↑130.5% | 8,079 | |
| Bottom-Line Net Income | 7,961↓13.6% | 9,218↓15.6% | 10,922↓41.3% | 18,620↑131.0% | 8,060 | |
| EPS (Basic) | 6.36↓18.7% | 7.82↓13.9% | 9.08↓37.9% | 14.62↑139.7% | 6.10 | |
| EPS (Diluted) | 6.35↓18.7% | 7.81↓13.8% | 9.06↓37.8% | 14.57↑139.6% | 6.08 | |
| Weighted Average Shares | 1,252↑6.2% | 1,179↓2.0% | 1,203↓5.6% | 1,274↓3.8% | 1,324 | |
| Weighted Average Diluted Shares | 1,253↑6.1% | 1,181↓2.1% | 1,206↓5.7% | 1,278↓3.8% | 1,328 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.