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ConocoPhillips COP Corporate — Net income (loss)

Other segment segments

Lower 48
$1.4B-21.6%
Lower Forty Eight
$835M
Asia Pacific Operating Segment
$295M-5.1%
Alaska Segment
$294M-10.1%
EMENA
$265M-36.8%
Canada Operating Segment
$85M-66.8%

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-$1.13M-275%
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EGYGabon — Net income (loss)
-$18.94M-417%

Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.6%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%
CapEx$3.0B-75.5%
Free cash flow$1.3B

Valuation

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Market cap$146.78B+25.2%
Enterprise value$163.83B+20.6%
P/E20.1×+7.3×
P/S2.5×+0.5×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp
FCF margin12.3%

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: ConocoPhillips’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 7:41 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163165-26-000018
Three Months Ended March 31, 2026Millions of Dollars / AlaskaMillions of Dollars / L48Millions of Dollars / CanadaMillions of Dollars / EMENAMillions of Dollars / APMillions of Dollars / Segments TotalMillions of Dollars / CorporateMillions of Dollars / Consolidated Total
Interest and debt expense198198
Other**3105,9785642361277,2151597,374
Total3105,978564141(37)6,9562607,216
Net income (loss)$2941,403852652952,342(159)2,183
#Includes revenue from physical contracts meeting the definition of a derivative that are outside the scope of ASC Topic 606 for the L48, Canada and EMENA segments of $1.7 billion, $0.2 billion and $0.2 billion, respectively.
*The significant segment expense categories and amounts in the table above align with segment-level information that is regularly provided to the CODM.
**Other segment items not required to be separately disclosed for each reportable segment include:
Gain (loss) on dispositions: L48 and Corporate

Item 1. Financial Statements

FAQ

What is ConocoPhillips's corporate — net income (loss)?
ConocoPhillips (COP) reported corporate — net income (loss) of -$159M in Q1 2026.
How has ConocoPhillips's corporate — net income (loss) changed year-over-year?
ConocoPhillips's corporate — net income (loss) increased by 37.4% year-over-year, from -$254M to -$159M.
What is the long-term trend for ConocoPhillips's corporate — net income (loss)?
Over 3 years (2022 to 2025), ConocoPhillips's corporate — net income (loss) has grown at a 51.0% compound annual growth rate (CAGR), from -$330M to -$1.14B.
What does corporate — net income (loss) mean?
This metric measures the net profitability or loss generated specifically by the corporate segment after accounting for all allocated revenues, operating expenses, taxes, and non-operating items. It serves as a residual category for costs that cannot be attributed to specific exploration or production assets. Monitoring this helps investors isolate the financial burden of corporate governance and centralized support services from core operational performance.

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