ConocoPhillips (COP) Revenue by Segment

ConocoPhillips revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), ConocoPhillips's largest business segment was Lower 48, with $13.03 billion or 68% of revenue, up 30.8% from a year earlier. Next: Europe, Middle East and North Africa (12%), Alaska (10%) and Canada Operating (7%).

By region, United States brought in 78% and Non-US brought in 22% of revenue in Q2 fiscal 2026.

By country, UNITED STATES brought in 78% and Non-US brought in 22% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Europe, Middle East and North Africa (+62.6%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

ConocoPhillips

COPEnergy

United States

Energy

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Lower 48Europe, Middle East and North AfricaAlaskaAsia Pacific OperatingCanada OperatingCanadaAsia Pacific and Middle EastCorporate Segment and Other Operating - Corporate and otherOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Lower 48	USD 13.03B	68.0%	+30.8%
Europe, Middle East and North Africa	USD 2.28B	11.9%	+62.6%
Alaska	USD 1.87B	9.8%	+42.4%
Canada Operating	USD 1.30B	6.8%	+53.8%
Asia Pacific Operating	USD 674.00M	3.5%	+43.1%

Sum of items USD 19.16B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Lower 48	13.0B	11.1B	–	10.5B	10.0B	11.5B	–	9.1B	9.1B	9.3B	–	9.9B	8.4B	10.0B	–	14.3B	14.5B	11.6B	–	7.6B	5.9B	6.5B	–	2.3B	1.4B	3.1B	–	3.7B	3.8B	4.1B	4.7B	4.0B	–	3.1B
Europe, Middle East and North Africa	2.3B	1.6B	–	1.6B	1.4B	1.9B	–	1.3B	1.3B	1.5B	–	1.2B	1.4B	1.7B	–	3.4B	2.7B	2.6B	–	1.1B	1.2B	978.0M	–	432.0M	288.0M	600.0M	–	1.2B	1.3B	1.5B	1.8B	1.6B	–	1.1B
Alaska	1.9B	1.5B	–	1.4B	1.3B	1.6B	–	1.5B	1.8B	1.7B	–	1.8B	1.7B	1.7B	–	2.0B	2.3B	1.9B	–	1.4B	1.4B	1.1B	–	834.0M	438.0M	1.1B	–	1.3B	1.4B	1.4B	1.5B	1.4B	–	932.0M
Asia Pacific Operating	674.0M	501.0M	–	515.0M	471.0M	424.0M	–	478.0M	543.0M	474.0M	–	544.0M	432.0M	464.0M	–	617.0M	638.0M	750.0M	–	673.0M	630.0M	577.0M	–	477.0M	450.0M	1.0B	–	1.1B	–	–	1.3B	1.2B	–	959.0M
Canada Operating	1.3B	1.0B	–	941.0M	848.0M	985.0M	–	660.0M	941.0M	936.0M	–	808.0M	449.0M	843.0M	–	765.0M	1.1B	869.0M	–	561.0M	450.0M	562.0M	–	328.0M	165.0M	333.0M	–	–	–	–	–	–	–	–
Canada	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	360.0M	382.0M	573.0M	–	891.0M	–	699.0M
Asia Pacific and Middle East	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0B	1.3B	–	–	–	–
Corporate Segment and Other Operating - Corporate and other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.0M	–	72.0M	–	140.0M	–	–	–	–
Corporate and Reconciling Items	–	–	–	–	–	–	–	–	–	–	–	–	–	22.0M	–	–	–	86.0M	–	–	–	64.0M	–	–	–	–	–	–	–	–	–	–	–	–
Corporate	–	–	–	16.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other International	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0M	2.0M	1.0M	–	1.0M	1.0M	3.0M	–	–	–	–	–	–	–	–

ConocoPhillips revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Lower 48	$13.0B	$11.1B	$10.5B	$10.0B	68%
Europe, Middle East and North Africa	$2.3B	$1.6B	$1.6B	$1.4B	12%
Alaska	$1.9B	$1.5B	$1.4B	$1.3B	10%
Canada Operating	$1.3B	$1.0B	$941.0M	$848.0M	7%
Asia Pacific Operating	$674.0M	$501.0M	$515.0M	$471.0M	4%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

ConocoPhillips revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q2 FY25	Q1 FY25	Share
United States	$14.9B	$12.5B	$11.1B	$13.1B	78%
Non-US	$4.3B	$3.2B	$2.9B	$3.4B	22%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

ConocoPhillips revenue by country, last 4 quarters

Country	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
UNITED STATES	$14.9B	$12.5B	–	$11.1B	78%
Non-US	$4.3B	$3.2B	–	$2.9B	22%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are ConocoPhillips's business segments?

Lower 48, Europe, Middle East and North Africa, Alaska, Canada Operating and Asia Pacific Operating (as reported for Q2 fiscal 2026).

Which business segment makes the most money for ConocoPhillips?

Lower 48: $13.03 billion, or 68% of revenue, in Q2 fiscal 2026.

Where does ConocoPhillips make its money?

By region in Q2 fiscal 2026: United States (78%) and Non-US (22%).

MoreConocoPhillips stock overview ConocoPhillips financials ConocoPhillips executive team ConocoPhillips shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Lower 48Europe, Middle East and North AfricaAlaskaAsia Pacific OperatingCanada OperatingCanadaAsia Pacific and Middle EastCorporate Segment and Other Operating - Corporate and otherOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Lower 48	USD 13.03B	68.0%	+30.8%
Europe, Middle East and North Africa	USD 2.28B	11.9%	+62.6%
Alaska	USD 1.87B	9.8%	+42.4%
Canada Operating	USD 1.30B	6.8%	+53.8%
Asia Pacific Operating	USD 674.00M	3.5%	+43.1%

Sum of items USD 19.16B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Lower 48	13.0B	11.1B	–	10.5B	10.0B	11.5B	–	9.1B	9.1B	9.3B	–	9.9B	8.4B	10.0B	–	14.3B	14.5B	11.6B	–	7.6B	5.9B	6.5B	–	2.3B	1.4B	3.1B	–	3.7B	3.8B	4.1B	4.7B	4.0B	–	3.1B
Europe, Middle East and North Africa	2.3B	1.6B	–	1.6B	1.4B	1.9B	–	1.3B	1.3B	1.5B	–	1.2B	1.4B	1.7B	–	3.4B	2.7B	2.6B	–	1.1B	1.2B	978.0M	–	432.0M	288.0M	600.0M	–	1.2B	1.3B	1.5B	1.8B	1.6B	–	1.1B
Alaska	1.9B	1.5B	–	1.4B	1.3B	1.6B	–	1.5B	1.8B	1.7B	–	1.8B	1.7B	1.7B	–	2.0B	2.3B	1.9B	–	1.4B	1.4B	1.1B	–	834.0M	438.0M	1.1B	–	1.3B	1.4B	1.4B	1.5B	1.4B	–	932.0M
Asia Pacific Operating	674.0M	501.0M	–	515.0M	471.0M	424.0M	–	478.0M	543.0M	474.0M	–	544.0M	432.0M	464.0M	–	617.0M	638.0M	750.0M	–	673.0M	630.0M	577.0M	–	477.0M	450.0M	1.0B	–	1.1B	–	–	1.3B	1.2B	–	959.0M
Canada Operating	1.3B	1.0B	–	941.0M	848.0M	985.0M	–	660.0M	941.0M	936.0M	–	808.0M	449.0M	843.0M	–	765.0M	1.1B	869.0M	–	561.0M	450.0M	562.0M	–	328.0M	165.0M	333.0M	–	–	–	–	–	–	–	–
Canada	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	360.0M	382.0M	573.0M	–	891.0M	–	699.0M
Asia Pacific and Middle East	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0B	1.3B	–	–	–	–
Corporate Segment and Other Operating - Corporate and other	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.0M	–	72.0M	–	140.0M	–	–	–	–
Corporate and Reconciling Items	–	–	–	–	–	–	–	–	–	–	–	–	–	22.0M	–	–	–	86.0M	–	–	–	64.0M	–	–	–	–	–	–	–	–	–	–	–	–
Corporate	–	–	–	16.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other International	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.0M	2.0M	1.0M	–	1.0M	1.0M	3.0M	–	–	–	–	–	–	–	–