What is ConocoPhillips's net income?

ConocoPhillips (COP) reported net income of $2.18B in Q1 2026.

How has ConocoPhillips's net income changed year-over-year?

ConocoPhillips's net income decreased by 23.4% year-over-year, from $2.85B to $2.18B.

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 -0.3% compound annual growth rate (CAGR), from $8.08B 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.

ConocoPhillips COP Net Income

Net Income at other companies

Exxon MobilXOM

$4.18B-45.8%

ChevronCVX

$2.21B-36.9%

Occidental PetroleumOXY

$3.36B+255%

EOG ResourcesEOG

$1.98B+35.3%

FAN

Diamondback EnergyFANG

$25M-98.2%

Kimbell Royalty PartnersKRP

$6.94M-73.1%

Segments

By segment

See full

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%

Corporate-$159M+37.4%

Other financials

Income statement

See full

Revenue$15.8B-4.6%

Gross profit$9.5B-8.2%

EPS (diluted)$1.78-20.2%

Balance sheet

See full

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

See full

Operating cash flow$4.3B-29.8%

CapEx$3.0B-75.5%

Free cash flow$1.3B—

Valuation

See full

Market cap$129.64B+8.5%

Enterprise value$146.69B+6.8%

P/E17.7×+5.2×

P/S2.2×+0.1×

Profitability

See full

Gross margin61.5%-2.2pp

Net margin12.6%-4.0pp

FCF margin12.3%—

Returns & leverage

See full

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 official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's net income?: ConocoPhillips (COP) reported net income of $2.18B in Q1 2026.
How has ConocoPhillips's net income changed year-over-year?: ConocoPhillips's net income decreased by 23.4% year-over-year, from $2.85B to $2.18B.
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 -0.3% compound annual growth rate (CAGR), from $8.08B 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.