ConocoPhillips

How Do They Make Money?

revenue

Segment	Share	Revenue
Alaska	9.6% FY2022: 10%
Lower 48	70% FY2022: 67%
Canada	6.2% FY2022: 4.7%
Europe, Middle East and North Africa	11% FY2022: 14%
Asia Pacific	3.0% FY2022: 3.3%
Corporate	0.1% FY2022: 0.1%

Yes. It kept 14 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025

60% of revenue

▲ +6% vs FY2024 ($33.5B, 61%)

Net income, FY2025

14% of revenue

▼ −14% vs FY2024 ($9.2B, 17%)

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Growing. Revenue grew 29% in 4 years, from $45.8B in FY2021 to $58.9B in FY2025, about 6% a year.

Revenue over time

Alaska Lower 48 Canada Europe, Middle East and North Africa Asia Pacific Corporate Other International

$100B$50B$0

FY2021 FY2022 FY2023 FY2024 FY2025

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