Filing Flows › BP (BP) › Q2 2026
BP (BP) Q2 2026 earnings results (second quarter 2026)
6-K filed Aug 4, 2026
BP (BP) reported revenue of $69.1B for the second quarter 2026 (Q2 2026), +48% from a year earlier and +32% from the quarter before. Operating margin was 11.3%, net earnings $3.9B (5.7% of revenue).
BP, Q2 2026: revenue $69.1B (+48% year over year), operating margin 11.3%, net earnings $3.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $69.1B | +32% | +48% |
| Operating profit | $7.8B | +6% | +171% |
| Net earnings | $3.9B | +2% | +140% |
What changed
Revenue was $69.1B in Q2 2026, up 48% year over year and up 32% from the previous quarter. Oil products was the largest line at 63% of revenue. Oil products added $15.0B year over year (up 52%), 67% of the total change. Crude oil declined 5%.
Operating profit was $7.8B, a 11.3% margin (up 5.1 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 6% margin then. Total costs grew 40% against revenue growth of 48%. Net earnings were $3.9B, up 140% year over year. The effective tax rate was 44.6%.
Questions
What was BP's revenue in the second quarter 2026?
BP (BP) reported revenue of $69.1B for the second quarter 2026 (Q2 2026), +48% from a year earlier and +32% from the quarter before.
Was BP profitable in the second quarter 2026?
Operating profit was $7.8B (11.3% of revenue) and net earnings $3.9B.
Source: BP 6-K on SEC EDGAR.