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How BP (BP) makes money

BP (BP) made $68.4B of revenue in the third quarter 2026 (Q3 2026), +41% from a year earlier. Oil products brought in $42.4B (62%); Other operating revenues brought in $11.1B (16%); Natural gas, LNG and NGLs brought in $10.7B (16%). Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.

Drawing the Sankey…

BP revenue by segment, Q3 2026BP revenue by segment, Q3 2026Oil products$42.4BOther operating revenues$11.1BNatural gas, LNG and NGLs$10.7BNon-oil products and other revenu…$3.9BCrude oil$347M
BP: where each dollar of revenue goesBP: where each dollar of revenue goesOperating profit13¢Income tax5¢Net earnings7¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Oil products$42.4B62.0%—+40%
Other operating revenues$11.1B16.2%—+63%
Natural gas, LNG and NGLs$10.7B15.6%—+49%
Non-oil products and other revenues from contracts with customers$3.9B5.7%—+10%
Crude oil$347M0.5%—-45%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$68.4B100.0%
Operating profit$8.6B12.6%
Income tax$3.5B5.1%
Net earnings$4.7B6.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$68.4B+41%

From BP's 6-K filed Oct 30, 2026 (on EDGAR).

Questions

How does BP make money?

BP (BP) made $68.4B of revenue in the third quarter 2026 (Q3 2026), +41% from a year earlier. Oil products brought in $42.4B (62%); Other operating revenues brought in $11.1B (16%); Natural gas, LNG and NGLs brought in $10.7B (16%). Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.

What is BP's biggest business?

Oil products: $42.4B in the third quarter 2026, 62% of revenue, +40% from a year earlier.

What is BP's profit margin?

Net earnings were $4.7B, 6.9% of revenue, in the third quarter 2026; the operating margin was 12.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.