COP · 10-Q · 2026Q2 · Full report

Net Income and Profitability

CONOCOPHILLIPS · 2026-08-06 · Importance 69 · Surprise 64 · From source text

Six-month income before income taxes increased 26.2% to $9.445 billion from $7.483 billion. Six-month net income increased 26.9% to $6.114 billion from $4.820 billion, and diluted earnings per share increased to $5.00 from $3.79. Second-quarter net income doubled to $3.931 billion from $1.971 billion, while diluted earnings per share increased to $3.23 from $1.56.

Key facts

• Net income for the three months ended June 30, 2026: $3,931 million; for the three months ended June 30, 2025: $1,971 million; for the six months ended June 30, 2026: $6,114 million; for the six months ended June 30, 2025: $4,820 million. source
• Net income for the three months ended June 30, 2026: $3,931 million. source
• Net income for the six months ended June 30, 2026: $6,114 million. source
• Summarized Obligor Group Revenues and Other Income were $25,544 million for the six months ended June 30, 2026. source
• Summarized Obligor Group Income (loss) before income taxes was $6,030 million for the six months ended June 30, 2026. source
• Summarized Obligor Group Net income was $6,114 million for the six months ended June 30, 2026. source
• Weighted-average common shares outstanding for the three months ended June 30, 2026: 1,213 million. source
• Basic net income (loss) per share for the three months ended June 30, 2026: $3.23; for the three months ended June 30, 2025: $1.56; diluted for the three months ended June 30, 2026: $3.23; diluted for the three months ended June 30, 2025: $1.56. source

Impact estimates