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Net Income for ConocoPhillips (COP)

According to ConocoPhillips's latest reported financial statements, the company's current net income (TTM) is $7.99B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$7.99B

YoY change

-13.3%

5Y CAGR

N/A

Peak year (2022)

$18.62B

Cumulative net income

$156.54B

Net Income history chart for ConocoPhillips (COP) from 1985 to 2025

Net Income history table for ConocoPhillips (COP) from 1985 to 2025

Fiscal yearPeriod endedReportedNet IncomeYoY
2025$7.99B-13.3%
2024$9.22B-15.6%
2023$10.92B-41.3%
2022$18.62B+130.5%
2021$8.08B-399.1%
2020-$2.70B-137.6%
2019$7.19B+14.9%
2018$6.26B-831.8%
2017-$855.00M-76.3%
2016-$3.62B-18.4%
2015-$4.43B-164.5%
2014$6.87B-25.0%
2013$9.16B+8.6%
2012$8.43B-32.2%
2011$12.44B+9.5%
2010$11.36B+157.3%
2009$4.41B-126.0%
2008-$17.00B-242.9%
2007$11.89B-23.5%
2006$15.55B+14.2%
2005$13.62B+68.0%
2004$8.11B+71.2%
2003$4.74B-1705.1%
2002-$295.00M-117.8%
2001$1.66B-10.8%
2000$1.86B+205.7%
1999$609.00M+157.0%
1998$237.00M-75.3%
1997$959.00M-26.4%
1996$1.30B+177.8%
1995$469.00M-3.1%
1994$484.00M+99.2%
1993$243.00M+35.0%
1992$180.00M-30.2%
1991$258.00M-66.9%
1990$779.00M+255.7%
1989$219.00M-66.3%
1988$650.00M+1757.1%
1987$35.00M-85.0%
1986$234.00M-44.0%
1985$418.00M

Net Income values are taken from ConocoPhillips's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2025's annual net income for ConocoPhillips (COP) came in at $7.99B – declined 13.3% year-over-year.

Between 2022 and 2025, ConocoPhillips net income plunged 57.1%, falling from $18.62B to $7.99B.

$18.62B stands as the all-time-high annual net income, posted in 2022, against a low of -$17.00B during 2008.

Among 8 Energy peers, ConocoPhillips (COP) ranks 3rd; the peer median for net income is $4.17B.

ConocoPhillips Net Income by Year

ConocoPhillips Net Income 2025: $7.99B

ConocoPhillips net income in 2025 was $7.99B, declined 13.3% below 2024.

ConocoPhillips Net Income 2024: $9.22B

ConocoPhillips net income in 2024 was $9.22B, declined 15.6% below 2023.

ConocoPhillips Net Income 2023: $10.92B

ConocoPhillips net income in 2023 was $10.92B, plunged 41.3% below 2022.

ConocoPhillips Net Income 2022: $18.62B

ConocoPhillips net income in 2022 was $18.62B, surged 130.5% from 2021. This figure represents the highest annual value in the available history.

ConocoPhillips Net Income 2021: $8.08B

ConocoPhillips net income in 2021 was $8.08B.

See more financial history for ConocoPhillips (COP).

Sector peers — Net Income

Companies in the same sector as ConocoPhillips, ranked by their latest net income.

Frequently asked questions

What is ConocoPhillips's net income?

Latest reported net income for ConocoPhillips (COP) is $7.99B (period ending December 31, 2025).

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

ConocoPhillips (COP) net income changed -13.3% year-over-year on the latest annual filing.

When did ConocoPhillips net income hit its highest annual value?

ConocoPhillips net income reached its highest annual value of $18.62B in 2022.

What was ConocoPhillips net income in 2024?

ConocoPhillips (COP) net income in 2024 was $9.22B.

What was ConocoPhillips net income in 2025?

ConocoPhillips (COP) net income in 2025 was $7.99B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.