Non-Current Liabilities
Deferred Credits
ConocoPhillips Deferred Credits increased by 0.1% to $1.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.1%, from $1.88B to $1.64B. Over 5 years (FY 2020 to FY 2025), Deferred Credits shows relatively stable performance with a -1.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase suggests higher future revenue recognition potential, while a decrease may indicate the fulfillment of obligations or a slowdown in advance payments.
Detailed definition
Deferred credits represent obligations where the company has received payment or value for goods or services that have n...
Peer comparison
Common across companies with long-term service contracts or subscription models, often compared as a percentage of total liabilities.
Metric ID:
deferred_creditsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.73B | $1.48B | $1.41B | $1.42B | $1.47B | $1.43B | $1.55B | $1.58B | $1.59B | $1.68B | $1.74B | $1.67B | $1.73B | $1.80B | $2.03B | $1.88B | $1.94B | $1.75B | $1.64B | $1.64B |
| QoQ Change | — | -14.3% | -4.4% | +0.7% | +3.2% | -2.7% | +8.5% | +1.9% | +0.3% | +6.0% | +3.3% | -3.6% | +3.5% | +3.8% | +13.3% | -7.4% | +2.8% | -9.6% | -6.6% | +0.1% |
| YoY Change | — | — | — | — | -14.8% | -3.3% | +9.8% | +11.0% | +7.9% | +17.5% | +11.8% | +5.8% | +9.1% | +6.8% | +17.2% | +12.6% | +11.9% | -2.5% | -19.6% | -13.1% |
Range$1.41B – $2.03B
CAGR-1.1%
Avg YoY Growth+4.3%
Median YoY Growth+8.5%
Deferred Credits at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's deferred credits?
- ConocoPhillips (COP) reported deferred credits of $1.64B in Q1 2026.
- How has ConocoPhillips's deferred credits changed year-over-year?
- ConocoPhillips's deferred credits decreased by 13.1% year-over-year, from $1.88B to $1.64B.
- What is the long-term trend for ConocoPhillips's deferred credits?
- Over 5 years (2020 to 2025), ConocoPhillips's deferred credits has grown at a -1.7% compound annual growth rate (CAGR), from $1.78B to $1.64B.
- What does deferred credits mean?
- Income or revenue received in advance that will be recognized as earnings in future periods.