Filing Flows › ConocoPhillips (COP) › Operating margin
ConocoPhillips (COP) operating margin by quarter
ConocoPhillips' operating margin was 30.8% in Q3 2026 (third quarter 2026), -1.0 pts from Q2 2026. Over the last 7 quarters it ranged from 16.8% (Q4 2025) to 31.7% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 30.8% | -1.0 pts | +11.3 pts |
| Q2 2026 | 31.7% | +10.4 pts | +10.2 pts |
| Q1 2026 | 21.3% | +4.6 pts | -5.7 pts |
| Q4 2025 | 16.8% | -2.7 pts | — |
| Q3 2025 | 19.5% | -2.1 pts | — |
| Q2 2025 | 21.5% | -5.5 pts | — |
| Q1 2025 | 27.0% | — | — |
Q3 2026 at a glance
ConocoPhillips, Q3 2026: revenue $19.4B (+29% year over year), operating margin 30.8%, net earnings $4.0B, operating cash flow $7.2B. The chart follows the revenue to costs, profit and cash.
Questions
What is ConocoPhillips' operating margin?
ConocoPhillips' operating margin was 30.8% in Q3 2026 (third quarter 2026), -1.0 pts from Q2 2026.
How has ConocoPhillips' operating margin changed?
Over the last 7 quarters it ranged from 16.8% (Q4 2025) to 31.7% (Q2 2026).