BP p.l.c. (BP) Financial Statements
BP financial statements at a glance
BP reported revenue of $189.34 billion for fiscal year 2025 (ended December 31, 2025), up 0.1% from fiscal year 2024. Net income was $54.00 million, a net margin of 0.0%, and diluted earnings per share were $0.02.
At the end of fiscal year 2025 it had total assets of $278.53 billion, total liabilities of $204.53 billion and shareholders' equity of $53.05 billion, with cash and short-term investments of $31.99 billion and total debt of $72.53 billion.
Its operations brought in $24.49 billion of cash; capital spending was $13.22 billion, leaving free cash flow of $11.27 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
BP p.l.c.
Income Statement
Annual • USD
BP key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $189.3B | $189.2B | $210.1B | $241.4B | $157.7B |
| Gross profit | $33.5B | $30.2B | $48.1B | $55.1B | $22.9B |
| Operating income | $15.8B | $13.6B | $31.0B | $41.4B | $10.7B |
| Net income | $54.0M | $390.0M | $15.2B | -$2.5B | $7.6B |
| Diluted EPS | $0.02 | $0.14 | $5.15 | -$0.79 | $2.24 |
| Total assets | $278.5B | $282.2B | $280.3B | $288.1B | $287.3B |
| Total liabilities | $204.5B | $203.9B | $194.8B | $205.1B | $196.8B |
| Shareholders' equity | $53.1B | $59.2B | $70.3B | $67.6B | $75.5B |
| Cash and short-term investments | $32.0B | $34.5B | $28.6B | $23.9B | $26.2B |
| Total debt | $72.5B | $71.5B | $63.1B | $55.5B | $69.8B |
| Operating cash flow | $24.5B | $27.3B | $32.0B | $40.9B | $23.6B |
| Capital spending | $13.2B | $15.3B | $14.3B | $12.1B | $10.9B |
| Free cash flow | $11.3B | $12.0B | $17.8B | $28.9B | $12.7B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was BP's revenue in fiscal year 2025?
$189.34 billion, up 0.1% from $189.19 billion in fiscal year 2024.
How much profit does BP make?
BP reported net income of $54.00 million for fiscal year 2025 (0.0% of revenue); operating income was $15.81 billion.
How much cash and debt does BP have?
At the end of fiscal year 2025: cash and short-term investments of $31.99 billion and total debt of $72.53 billion.
What is BP's free cash flow?
$11.27 billion in fiscal year 2025 (operating cash flow of $24.49 billion minus capital spending of $13.22 billion).
