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Filing Flows › BP (BP) › Q1 2026 › vs Q4 2025

BP (BP) Q1 2026 vs Q4 2025 (quarter over quarter)

BP's revenue rose $0 (0%) from $52.3B in Q4 2025 to $52.3B in Q1 2026. The biggest changes: Oil products +$0 (0%); Other operating revenues +$0 (0%); Natural gas, LNG and NGLs +$0 (0%). Operating margin 14.1% against 14.1% (+0.0 pts).

BP, Q1 2026: revenue $52.3B (+11% year over year), operating margin 14.1%, net earnings $3.8B, operating cash flow $2.9B. The chart draws each line against Q4 2025, the increases inside each band.

Margins

Q1 2026Q4 2025Change
Operating margin14.1%14.1%+0.0 pts
Net margin7.4%7.4%+0.0 pts

Every line

LineQ1 2026Q4 2025Change%
Oil products$29.9B$29.9B$00%
Other operating revenues$11.7B$11.7B$00%
Natural gas, LNG and NGLs$6.6B$6.6B$00%
Non-oil products and other revenues from contracts with customers$3.7B$3.7B$00%
Crude oil$333M$333M$00%
Revenue$52.3B$52.3B$00%
Operating profit$7.4B$7.4B$00%
Costs & expenses$44.9B$44.9B$00%
Pre-tax earnings$7.4B$7.4B$00%
Net earnings$3.8B$3.8B$00%
Minority interests$370M$370M$00%
Income tax$3.2B$3.2B$00%

Questions

How much did BP's revenue grow quarter over quarter in Q1 2026?

BP's revenue rose $0 (0%) from $52.3B in Q4 2025 to $52.3B in Q1 2026.

What drove BP's revenue change in Q1 2026?

Oil products +$0 (0%); Other operating revenues +$0 (0%); Natural gas, LNG and NGLs +$0 (0%).

Q1 2026 results → · Compare in the interactive Sankey →