BP p.l.c. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	187,637	187,386	208,351	239,067	156,431
Revenue	187,637	187,386	208,351	239,067	156,431
Revenue Growth (YoY)	0.13%	-10.06%	-12.85%	52.83%	48.03%
Cost of Revenue	136,286	140,474	144,294	169,569	118,696
Gross Profit	51,351	46,912	64,057	69,498	37,735
Selling, General & Admin	17,284	16,249	16,531	13,380	11,929
Other Operating Expenses	-	617	504	369	391
Operating Expenses	35,676	36,466	37,590	28,654	25,096
Operating Income	15,675	10,446	26,467	40,844	12,639
Interest Expense	-4,011	-3,569	-2,964	-1,851	-1,821
Interest & Investment Income	1,609	1,489	1,249	430	226
Earnings From Equity Investments	618	1,993	898	2,530	3,999
Other Non Operating Income (Expenses)	427	1,396	384	658	637
EBT Excluding Unusual Items	14,318	11,755	26,034	42,611	15,680
Impairment of Goodwill	-	-	-85	-	-
Gain (Loss) on Sale of Assets	-3,536	-1,128	213	-8,315	1,646
Asset Writedown	-1,514	-3,185	-1,986	-18,339	-1,102
Other Unusual Items	-1,522	-660	-427	-552	-997
Pretax Income	7,746	6,782	23,749	15,405	15,227
Income Tax Expense	6,451	5,553	7,869	16,762	6,740
Earnings From Continuing Operations	1,295	1,229	15,880	-1,357	8,487
Minority Interest in Earnings	-1,240	-848	-641	-1,130	-922
Net Income	55	381	15,239	-2,487	7,565
Preferred Dividends & Other Adjustments	1	-9	1	1	2
Net Income to Common	54	390	15,238	-2,488	7,563
Net Income Growth	-85.56%	-97.50%	-	-	-
Shares Outstanding (Basic)	15,587	16,386	17,360	18,988	20,129
Shares Outstanding (Diluted)	15,913	16,817	17,750	18,988	20,260
Shares Change (YoY)	-5.37%	-5.26%	-6.52%	-6.28%	0.19%
EPS (Basic)	0.00	0.02	0.88	-0.13	0.38
EPS (Diluted)	0.00	0.02	0.86	-0.13	0.37
EPS Growth	-85.34%	-97.30%	-	-	-
Free Cash Flow	11,272	12,000	17,754	28,863	12,725
Free Cash Flow Per Share	0.71	0.71	1.00	1.52	0.63
Dividend Per Share	0.330	0.313	0.284	0.241	0.216
Dividend Growth	5.41%	10.03%	18.01%	11.34%	-17.60%
Gross Margin	27.37%	25.04%	30.75%	29.07%	24.12%
Operating Margin	8.35%	5.58%	12.70%	17.09%	8.08%
Profit Margin	0.03%	0.21%	7.31%	-1.04%	4.83%
Free Cash Flow Margin	6.01%	6.40%	8.52%	12.07%	8.13%
EBITDA	33,840	26,961	44,158	55,549	25,158
EBITDA Margin	18.04%	14.39%	21.19%	23.24%	16.08%
D&A For EBITDA	18,165	16,515	17,691	14,705	12,519
EBIT	15,675	10,446	26,467	40,844	12,639
EBIT Margin	8.35%	5.58%	12.70%	17.09%	8.08%
Effective Tax Rate	83.28%	81.88%	33.13%	108.81%	44.26%
Revenue as Reported	-	194,629	213,032	248,891	164,195

Updated Feb 10, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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