Conocophillips annual operating expenses
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Conocophillips Operating Expenses Growth & History (COP)
Conocophillips's operating expenses was $10.33B for fiscal 2025.
View full Conocophillips company overviewConocophillips annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.33B | $1.58B | +18.06% |
| 2024 | 2024-12-31 | $8.75B | $1.06B | +13.75% |
| 2023 | 2023-12-31 | $7.69B | $687.0M | +9.81% |
| 2022 | 2022-12-31 | $7.01B | $1.31B | +23.04% |
| 2021 | 2021-12-31 | $5.69B | $1.35B | +31.08% |
| 2020 | 2020-12-31 | $4.34B | −$978.0M | −18.38% |
| 2019 | 2019-12-31 | $5.32B | $109.0M | +2.09% |
| 2018 | 2018-12-31 | $5.21B | $51.0M | +0.99% |
| 2017 | 2017-12-31 | $5.16B | −$24.73B | −82.73% |
| 2016 | 2016-12-31 | $29.89B | −$8.28B | −21.70% |
| 2015 | 2015-12-31 | $38.17B | −$7.95B | −17.24% |
| 2014 | 2014-12-31 | $46.13B | $2.33B | +5.31% |
| 2013 | 2013-12-31 | $43.80B | −$2.78B | −5.97% |
| 2012 | 2012-12-31 | $46.58B | −$4.09B | −8.08% |
| 2011 | 2011-12-31 | $50.67B | $5.21B | +11.47% |
| 2010 | 2010-12-31 | $45.46B | — | — |
Conocophillips quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.43B | −$141.0M | −5.48% |
| Q1 2026 | 2026-03-31 | $2.28B | −$230.0M | −9.18% |
| Q4 2025 | 2025-12-31 | $2.62B | $310.0M | +13.41% |
| Q3 2025 | 2025-09-30 | $2.63B | $371.0M | +16.41% |
| Q2 2025 | 2025-06-30 | $2.57B | $408.0M | +18.85% |
| Q1 2025 | 2025-03-31 | $2.51B | $491.0M | +24.37% |
| Q4 2024 | 2024-12-31 | $2.31B | $278.0M | +13.67% |
| Q3 2024 | 2024-09-30 | $2.26B | $266.0M | +13.33% |
| Q2 2024 | 2024-06-30 | $2.16B | $278.0M | +14.74% |
| Q1 2024 | 2024-03-31 | $2.02B | $236.0M | +13.27% |
| Q4 2023 | 2023-12-31 | $2.03B | $148.0M | +7.85% |
| Q3 2023 | 2023-09-30 | $2.00B | $196.0M | +10.89% |
| Q2 2023 | 2023-06-30 | $1.89B | $145.0M | +8.33% |
| Q1 2023 | 2023-03-31 | $1.78B | $198.0M | +12.52% |
| Q4 2022 | 2022-12-31 | $1.89B | $342.0M | +22.16% |
| Q3 2022 | 2022-09-30 | $1.80B | $410.0M | +29.52% |
| Q2 2022 | 2022-06-30 | $1.74B | $362.0M | +26.25% |
| Q1 2022 | 2022-03-31 | $1.58B | $198.0M | +14.32% |
| Q4 2021 | 2021-12-31 | $1.54B | $382.0M | +32.90% |
| Q3 2021 | 2021-09-30 | $1.39B | $426.0M | +44.24% |
| Q2 2021 | 2021-06-30 | $1.38B | $332.0M | +31.71% |
| Q1 2021 | 2021-03-31 | $1.38B | $210.0M | +17.90% |
| Q4 2020 | 2020-12-31 | $1.16B | −$141.0M | −10.83% |
| Q3 2020 | 2020-09-30 | $963.0M | −$368.0M | −27.65% |
| Q2 2020 | 2020-06-30 | $1.05B | −$371.0M | −26.16% |
| Q1 2020 | 2020-03-31 | $1.17B | −$98.0M | −7.71% |
| Q4 2019 | 2019-12-31 | $1.30B | −$60.0M | −4.41% |
| Q3 2019 | 2019-09-30 | $1.33B | −$36.0M | −2.63% |
| Q2 2019 | 2019-06-30 | $1.42B | $105.0M | +8.00% |
| Q1 2019 | 2019-03-31 | $1.27B | $100.0M | +8.54% |
| Q4 2018 | 2018-12-31 | $1.36B | — | — |
| Q3 2018 | 2018-09-30 | $1.37B | −$5.17B | −79.10% |
| Q2 2018 | 2018-06-30 | $1.31B | −$11.93B | −90.09% |
| Q1 2018 | 2018-03-31 | $1.17B | −$6.83B | −85.37% |
| Q3 2017 | 2017-09-30 | $6.54B | −$1.63B | −19.93% |
| Q2 2017 | 2017-06-30 | $13.24B | $6.02B | +83.45% |
| Q1 2017 | 2017-03-31 | $8.00B | $764.0M | +10.55% |
| Q4 2016 | 2016-12-31 | $7.26B | −$4.55B | −38.55% |
| Q3 2016 | 2016-09-30 | $8.17B | −$1.08B | −11.66% |
| Q2 2016 | 2016-06-30 | $7.22B | −$1.53B | −17.51% |
| Q1 2016 | 2016-03-31 | $7.24B | −$1.12B | −13.39% |
| Q4 2015 | 2015-12-31 | $11.82B | −$355.0M | −2.92% |
| Q3 2015 | 2015-09-30 | $9.25B | −$1.12B | −10.77% |
| Q2 2015 | 2015-06-30 | $8.75B | −$2.49B | −22.15% |
| Q1 2015 | 2015-03-31 | $8.36B | −$3.99B | −32.32% |
| Q4 2014 | 2014-12-31 | $12.17B | $745.0M | +6.52% |
| Q3 2014 | 2014-09-30 | $10.36B | −$701.0M | −6.34% |
| Q2 2014 | 2014-06-30 | $11.24B | $795.0M | +7.61% |
| Q1 2014 | 2014-03-31 | $12.35B | $1.49B | +13.68% |
| Q4 2013 | 2013-12-31 | $11.43B | −$1.32B | −10.33% |
| Q3 2013 | 2013-09-30 | $11.06B | −$57.0M | −0.51% |
| Q2 2013 | 2013-06-30 | $10.45B | −$451.0M | −4.14% |
| Q1 2013 | 2013-03-31 | $10.86B | −$954.0M | −8.07% |
| Q4 2012 | 2012-12-31 | $12.74B | — | — |
| Q3 2012 | 2012-09-30 | $11.12B | −$1.97B | −15.03% |
| Q2 2012 | 2012-06-30 | $10.90B | −$2.26B | −17.16% |
| Q1 2012 | 2012-03-31 | $11.82B | — | — |
| Q3 2011 | 2011-09-30 | $13.09B | — | — |
| Q2 2011 | 2011-06-30 | $13.15B | — | — |
Conocophillips operating expenses trends
Over the last five fiscal years, Conocophillips's operating expenses increased from $4.34B to $10.33B, a change of $5.99B. The latest reported quarter, Q2 2026, shows $2.43B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Conocophillips source filings ↗