Filing Flows › BP (BP) › Q2 2026 › vs Q2 2025
BP (BP) Q2 2026 vs Q2 2025 (year over year)
BP's revenue rose $22.5B (+48%) from $46.6B in Q2 2025 to $69.1B in Q2 2026. The biggest changes: Oil products +$15.0B (+52%); Other operating revenues +$5.0B (+64%); Natural gas, LNG and NGLs +$2.5B (+41%). Operating margin 11.3% against 6.2% (+5.1 pts).
BP, Q2 2026: revenue $69.1B (+48% year over year), operating margin 11.3%, net earnings $3.9B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.3% | 6.2% | +5.1 pts |
| Net margin | 5.7% | 3.5% | +2.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Oil products | $43.5B | $28.6B | $15.0B | +52% |
| Other operating revenues | $12.9B | $7.9B | $5.0B | +64% |
| Natural gas, LNG and NGLs | $8.5B | $6.0B | $2.5B | +41% |
| Non-oil products and other revenues from contracts with customers | $3.7B | $3.7B | $24.0M | +0.6% |
| Crude oil | $402M | $421M | −$19.0M | -5% |
| Revenue | $69.1B | $46.6B | $22.5B | +48% |
| Operating profit | $7.8B | $2.9B | $4.9B | +171% |
| Costs & expenses | $61.3B | $43.7B | $17.5B | +40% |
| Pre-tax earnings | $7.8B | $2.9B | $4.9B | +171% |
| Net earnings | $3.9B | $1.6B | $2.3B | +140% |
| Minority interests | $419M | $300M | $119M | +40% |
| Income tax | $3.5B | $954M | $2.5B | +266% |
Questions
How much did BP's revenue grow year over year in Q2 2026?
BP's revenue rose $22.5B (+48%) from $46.6B in Q2 2025 to $69.1B in Q2 2026.
What drove BP's revenue change in Q2 2026?
Oil products +$15.0B (+52%); Other operating revenues +$5.0B (+64%); Natural gas, LNG and NGLs +$2.5B (+41%).