Non-Current Assets
Net Operating Loss Carryforwards
ConocoPhillips Net Operating Loss Carryforwards decreased by 17.6% to $4.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 17.6%, from $4.91B to $4.05B. Over 5 years (FY 2020 to FY 2025), Net Operating Loss Carryforwards shows a downward trend with a -14.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2025Feb 17, 2026
How to read this metric
Higher values indicate a larger tax shield, which can improve future net income and cash flow when the company returns to profitability.
Detailed definition
These are tax assets that allow a company to apply past losses against future taxable income to reduce future tax liabil...
Peer comparison
Common in cyclical industries like energy where exploration costs can lead to temporary losses.
Metric ID:
net_operating_loss_carryforwardsHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $7.40B | $6.35B | $5.63B | $4.91B | $4.05B |
| QoQ Change | — | -14.2% | -11.4% | -12.8% | -17.6% |
| YoY Change | — | -14.2% | -11.4% | -12.8% | -17.6% |
Range$4.05B – $7.40B
CAGR-45.3%
Avg YoY Growth-14.0%
Median YoY Growth-13.5%
Current Streak4+ quarters decline
Net Operating Loss Carryforwards at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's net operating loss carryforwards?
- ConocoPhillips (COP) reported net operating loss carryforwards of $4.05B in Q4 2025.
- How has ConocoPhillips's net operating loss carryforwards changed year-over-year?
- ConocoPhillips's net operating loss carryforwards decreased by 17.6% year-over-year, from $4.91B to $4.05B.
- What is the long-term trend for ConocoPhillips's net operating loss carryforwards?
- Over 5 years (2020 to 2025), ConocoPhillips's net operating loss carryforwards has grown at a -14.6% compound annual growth rate (CAGR), from $8.90B to $4.05B.
- What does net operating loss carryforwards mean?
- Past losses that can be used to lower future tax bills.