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Net Income at other companies

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$3B+540%
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$1.88B+169%
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MGY
Magnolia Oil & Gas CorporationMGY
$181.78M+133%

Segments

By segment

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Lower 48$2.58B+84.7%
Lower Forty Eight$835M
Alaska Segment$522M+287%
Asia Pacific Operating Segment$389M+17.9%
EMENA$346M+46.0%
Canada Operating Segment$320M+115%

Other financials

Income statement

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Revenue$19.2B+36.8%
Gross profit$12.4B+39.6%
EPS (diluted)$3.23+107%

Balance sheet

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Cash & equivalents$7.0B+33.3%
Total debt$23.8B-0.6%
Total equity$65.3B-0.3%
Total assets$124.26B+1.4%

Cash flow

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Operating cash flow$7.4B+113%
CapEx$3.0B-8.9%
Free cash flow$1.3B+13.6%

Valuation

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Market cap$156.91B+28.3%
Enterprise value$173.7B+23.2%
P/E16.9×+3.6×
P/S2.5×+0.4×

Profitability

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Gross margin62%-1.5pp
Net margin14.7%-1.2pp
FCF margin12.3%-2.3pp

Returns & leverage

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Return on equity14.2%-1.8pp
Debt / equity0.4×0.0×
Current ratio1.5×+0.3×

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 August 6, 2026.

Filed
Aug 6, 2026, 7:39 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001163165-26-000032
Line itemMillions of Dollars / Three Months Ended June 30 / 2026Millions of Dollars / Three Months Ended June 30 / 2025Millions of Dollars / Six Months Ended June 30 / 2026Millions of Dollars / Six Months Ended June 30 / 2025
Total costs and expenses13,44011,72326,13124,358
Income (loss) before income taxes6,0823,0179,4457,483
Income tax provision (benefit)2,1511,0463,3312,663
Net income (loss)$3,9311,9716,1144,820
Net income (loss) per share of common stock (dollars)
Basic$3.231.565.003.80
Diluted3.231.565.003.79
Weighted-average common shares outstanding (in thousands)

Item 1. Financial Statements

FAQ

What is ConocoPhillips's net income?
ConocoPhillips (COP) reported net income of $3.93B in Q2 2026.
How has ConocoPhillips's net income changed year-over-year?
ConocoPhillips's net income increased by 99.4% year-over-year, from $1.97B to $3.93B.
What is the long-term trend for ConocoPhillips's net income?
Over 4 years (2021 to 2025), ConocoPhillips's net income has grown at a -11.0% compound annual growth rate (CAGR), from $12.71B to $7.99B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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