{ "ticker": "BP", "cik": "0000313807", "company": "BP p.l.c.", "business_type": "integrated oil & gas", "schema_template": "integrated energy company (IFRS): sales and other operating revenues, profit before interest and taxation, profit attributable to bp shareholders, diluted EPS per ADS, replacement-cost profit measures; cash, finance debt, net debt, total assets, equity; operating cash flow, total cash capital expenditure, free cash flow, dividends and buybacks", "reporting_currency": "USD", "converted_to_usd": false, "units": "actual US dollars (not millions); share counts in actual ordinary shares; per-share figures in US dollars per American Depositary Share (ADS)", "units_notes_seen": { "FY2025 20-F group income statement": "For the year ended 31 December | $ million (earnings per share: Per ordinary share (cents); Per ADS (dollars))", "FY2025 20-F group balance sheet": "At 31 December | $ million", "FY2025 20-F group cash flow statement": "For the year ended 31 December | $ million", "FY2025 20-F Note 10 Dividends": "Pence per share | Cents per share | $ million", "FY2025 20-F Note 11 Earnings per share": "Cents per share (per ordinary share); Dollars per share (per ADS); $ million; Shares thousand", "FY2025 20-F Note 27 net debt": "$ million", "FY2025 20-F financial and operating performance summary": "$ million except per share amounts", "Q2 2026 6-K group income statement": "$ million (earnings per share: Per ordinary share (cents); Per ADS (dollars))", "Q2 2026 6-K group balance sheet": "30 June 2026 | 31 December 2025, $ million", "Q2 2026 6-K condensed group cash flow statement": "$ million", "Q2 2026 6-K financial summary": "$ million; announced dividend per ordinary share in cents per share", "Q2 2026 6-K Note 7 Earnings per share and shares in issue": "$ million; Number of shares (thousand); One ADS is equivalent to six ordinary shares", "Q2 2026 6-K Note 8 Dividends": "Dividends paid per ordinary share in cents and pence; per ADS in cents", "Q2 2026 6-K Note 9 Net debt": "$ million", "Q2 2026 stock exchange announcement 6-K (first-quarter 2026 column)": "$ million; Number of shares (thousand); per ordinary share (cents)" }, "adjustments": { "splits_applied": [], "adr_ratio": 6, "adr_basis": "One ADS is equivalent to six ordinary shares, as stated in the 2025 Form 20-F (Note 11) and the second-quarter 2026 6-K (Note 7). Every per-share figure in this record (earnings per share and dividends per share) is stated per ADS: the per-ordinary-share amount the filings print in cents, converted to dollars and multiplied by six. Totals and share counts are as filed, in ordinary shares.", "fx": "None. bp reports in US dollars." }, "annual": [ { "label": "FY2025", "period_start": "2025-01-01", "period_end": "2025-12-31", "period_type": "fiscal year", "source_accession": "0000313807-26-000006", "fiscal_year": 2025, "income_statement": { "revenue": 189335000000, "total_revenues_and_other_income": 192549000000, "purchases": 110640000000, "production_and_manufacturing_expenses": 25646000000, "production_and_similar_taxes": 1698000000, "depreciation_depletion_and_amortization": 17822000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 6037000000, "exploration_expense": 570000000, "distribution_and_administration_expenses": 17494000000, "profit_before_interest_and_taxation": 12642000000, "finance_costs": 5106000000, "profit_before_taxation": 7746000000, "taxation": 6451000000, "profit_for_the_period": 1295000000, "net_income": 55000000, "profit_attributable_to_non_controlling_interests": 1240000000, "net_income_attributable_to_ordinary_shareholders": 54000000, "weighted_average_basic_shares": 15586782000, "diluted_shares": 15913000000, "basic_eps": 0.021, "diluted_eps": 0.0204 }, "non_ifrs_measures": { "replacement_cost_profit": 1072000000, "underlying_replacement_cost_profit": 7485000000 }, "cash_flow": { "income_taxes_paid": -6589000000, "operating_cash_flow": 24493000000, "capex": -14533000000, "net_cash_used_in_investing_activities": -11504000000, "net_share_repurchases": -4486000000, "lease_liability_payments": -3091000000, "dividends_paid_to_bp_shareholders": -5059000000, "net_cash_from_financing_activities": -15880000000, "free_cash_flow": 9960000000 }, "balance_sheet": { "cash_and_cash_equivalents": 36556000000, "inventories": 22499000000, "total_assets": 278526000000, "finance_debt_current": 3356000000, "finance_debt_non_current": 54602000000, "lease_liabilities_current": 2832000000, "lease_liabilities_non_current": 11739000000, "total_liabilities": 204526000000, "bp_shareholders_equity": 53052000000, "noncontrolling_interests": 20948000000, "total_equity": 74000000000, "total_finance_debt": 57958000000, "net_debt": 22182000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 1.9584 }, "sources": "Group income statement, group cash flow statement and Notes 10, 11 and 27 of the 2025 Annual Report and Form 20-F (accession 0000313807-26-000006)." }, { "label": "FY2024", "period_start": "2024-01-01", "period_end": "2024-12-31", "period_type": "fiscal year", "source_accession": "0000313807-26-000006", "fiscal_year": 2024, "income_statement": { "revenue": 189185000000, "total_revenues_and_other_income": 194629000000, "purchases": 113941000000, "production_and_manufacturing_expenses": 26584000000, "production_and_similar_taxes": 1799000000, "depreciation_depletion_and_amortization": 16622000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 6995000000, "exploration_expense": 974000000, "distribution_and_administration_expenses": 16417000000, "profit_before_interest_and_taxation": 11297000000, "finance_costs": 4683000000, "profit_before_taxation": 6782000000, "taxation": 5553000000, "profit_for_the_period": 1229000000, "net_income": 381000000, "profit_attributable_to_non_controlling_interests": 848000000, "net_income_attributable_to_ordinary_shareholders": 390000000, "weighted_average_basic_shares": 16385535000, "diluted_shares": 16816664000, "basic_eps": 0.1428, "diluted_eps": 0.1392 }, "non_ifrs_measures": { "replacement_cost_profit": 750000000, "underlying_replacement_cost_profit": 8915000000 }, "cash_flow": { "income_taxes_paid": -8761000000, "operating_cash_flow": 27297000000, "capex": -16237000000, "net_cash_used_in_investing_activities": -13250000000, "net_share_repurchases": -7127000000, "lease_liability_payments": -2833000000, "dividends_paid_to_bp_shareholders": -5003000000, "net_cash_from_financing_activities": -7297000000, "free_cash_flow": 11060000000 }, "balance_sheet": { "cash_and_cash_equivalents": 39204000000, "inventories": 23232000000, "total_assets": 282228000000, "finance_debt_current": 4474000000, "finance_debt_non_current": 55073000000, "lease_liabilities_current": 2660000000, "lease_liabilities_non_current": 9340000000, "total_liabilities": 203910000000, "bp_shareholders_equity": 59246000000, "noncontrolling_interests": 19072000000, "total_equity": 78318000000, "total_finance_debt": 59547000000, "net_debt": 22997000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 1.8324 }, "sources": "Group income statement, group cash flow statement and Notes 10, 11 and 27 of the 2025 Annual Report and Form 20-F (accession 0000313807-26-000006)." }, { "label": "FY2023", "period_start": "2023-01-01", "period_end": "2023-12-31", "period_type": "fiscal year", "source_accession": "0000313807-26-000006", "fiscal_year": 2023, "income_statement": { "revenue": 210130000000, "total_revenues_and_other_income": 213032000000, "purchases": 119307000000, "production_and_manufacturing_expenses": 25044000000, "production_and_similar_taxes": 1779000000, "depreciation_depletion_and_amortization": 15928000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 5857000000, "exploration_expense": 997000000, "distribution_and_administration_expenses": 16772000000, "profit_before_interest_and_taxation": 27348000000, "finance_costs": 3840000000, "profit_before_taxation": 23749000000, "taxation": 7869000000, "profit_for_the_period": 15880000000, "net_income": 15239000000, "profit_attributable_to_non_controlling_interests": 641000000, "net_income_attributable_to_ordinary_shareholders": 15238000000, "weighted_average_basic_shares": 17360288000, "diluted_shares": 17750078000, "basic_eps": 5.2668, "diluted_eps": 5.151 }, "non_ifrs_measures": { "replacement_cost_profit": 16183000000, "underlying_replacement_cost_profit": 13836000000 }, "cash_flow": { "income_taxes_paid": -10173000000, "operating_cash_flow": 32039000000, "capex": -16253000000, "net_cash_used_in_investing_activities": -14872000000, "net_share_repurchases": -7918000000, "lease_liability_payments": -2560000000, "dividends_paid_to_bp_shareholders": -4809000000, "net_cash_from_financing_activities": -13359000000, "free_cash_flow": 15786000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 1.6656 }, "sources": "Group income statement, group cash flow statement and Notes 10, 11 and 27 of the 2025 Annual Report and Form 20-F (accession 0000313807-26-000006). The 20-F's balance sheet presents only 31 December 2025 and 2024, so no 2023 balance sheet is included." } ], "quarterly": [ { "label": "Q2 2026", "period_start": "2026-04-01", "period_end": "2026-06-30", "period_type": "three months", "source_accession": "0000313807-26-000016", "fiscal_year": 2026, "fiscal_quarter": 2, "income_statement": { "revenue": 69105000000, "total_revenues_and_other_income": 70114000000, "purchases": 41149000000, "production_and_manufacturing_expenses": 8954000000, "production_and_similar_taxes": 629000000, "depreciation_depletion_and_amortization": 4149000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 1100000000, "exploration_expense": 582000000, "distribution_and_administration_expenses": 4610000000, "profit_before_interest_and_taxation": 8941000000, "finance_costs": 1175000000, "profit_before_taxation": 7821000000, "taxation": 3491000000, "profit_for_the_period": 4330000000, "net_income": 3911000000, "profit_attributable_to_non_controlling_interests": 419000000, "net_income_attributable_to_ordinary_shareholders": 3845000000, "weighted_average_basic_shares": 15522233000, "diluted_shares": 15667335000, "basic_eps": 1.4862, "diluted_eps": 1.4724 }, "balance_sheet": { "shares_in_issue_at_period_end": 15546713000, "cash_and_cash_equivalents": 37168000000, "inventories": 31003000000, "total_assets": 294627000000, "finance_debt_current": 5888000000, "finance_debt_non_current": 52449000000, "lease_liabilities_current": 2961000000, "lease_liabilities_non_current": 11395000000, "total_liabilities": 218207000000, "bp_shareholders_equity": 58428000000, "noncontrolling_interests": 17992000000, "total_equity": 76420000000, "total_finance_debt": 58337000000, "net_debt": 22251000000 }, "non_ifrs_measures": { "replacement_cost_profit": 4628000000, "underlying_replacement_cost_profit": 5732000000 }, "cash_flow": { "income_taxes_paid": -1381000000, "operating_cash_flow": 10858000000, "capex": -3086000000, "net_cash_used_in_investing_activities": -2446000000, "net_share_repurchases": 0, "lease_liability_payments": -761000000, "dividends_paid_to_bp_shareholders": -1302000000, "net_cash_from_financing_activities": -6993000000, "free_cash_flow": 7772000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 0.4992, "dividend_announced_per_ads": 0.5196 }, "sources": "Group income statement, group balance sheet (30 June 2026), condensed group cash flow statement and Notes 7-9 of the 6-K for the period ended 30 June 2026 (accession 0000313807-26-000016)." }, { "label": "Q1 2026", "period_start": "2026-01-01", "period_end": "2026-03-31", "period_type": "three months", "source_accession": "0001654954-26-007201", "fiscal_year": 2026, "fiscal_quarter": 1, "non_ifrs_measures": { "replacement_cost_profit": 662000000, "underlying_replacement_cost_profit": 3198000000 }, "income_statement": { "revenue": 52255000000, "total_revenues_and_other_income": 53371000000, "purchases": 26250000000, "production_and_manufacturing_expenses": 8537000000, "production_and_similar_taxes": 429000000, "depreciation_depletion_and_amortization": 4410000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 589000000, "exploration_expense": 44000000, "distribution_and_administration_expenses": 4626000000, "profit_before_interest_and_taxation": 8486000000, "finance_costs": 1175000000, "profit_before_taxation": 7365000000, "taxation": 3153000000, "profit_for_the_period": 4212000000, "net_income": 3842000000, "profit_attributable_to_non_controlling_interests": 370000000, "net_income_attributable_to_ordinary_shareholders": 3842000000, "weighted_average_basic_shares": 15471646000, "diluted_shares": 15662113000, "basic_eps": 1.4898, "diluted_eps": 1.4718 }, "balance_sheet": { "shares_in_issue_at_period_end": 15496882000, "total_finance_debt": 59821000000, "cash_and_cash_equivalents": 35693000000, "net_debt": 25309000000, "total_equity": 76961000000 }, "cash_flow": { "operating_cash_flow": 2860000000, "income_taxes_paid": -1176000000, "capex": -3290000000, "net_cash_used_in_investing_activities": -2997000000, "net_share_repurchases": -562000000, "lease_liability_payments": -764000000, "dividends_paid_to_bp_shareholders": -1278000000, "net_cash_from_financing_activities": -695000000, "free_cash_flow": -430000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 0.4992, "dividend_announced_per_ads": 0.4992 }, "sources": "bp's second-quarter 2026 results as published in the stock exchange announcement furnished on Form 6-K on 4 August 2026 (accession 0001654954-26-007201), whose income statement, cash flow statement and Notes 7-9 print a first-quarter 2026 column. Balance-sheet items at 31 March 2026 are those printed in its Note 9 (net debt) and Note 7 (shares in issue); no full 31 March 2026 balance sheet is presented." }, { "label": "Q2 2025", "period_start": "2025-04-01", "period_end": "2025-06-30", "period_type": "three months", "source_accession": "0000313807-26-000016", "fiscal_year": 2025, "fiscal_quarter": 2, "income_statement": { "revenue": 46627000000, "total_revenues_and_other_income": 47677000000, "purchases": 26875000000, "production_and_manufacturing_expenses": 6153000000, "production_and_similar_taxes": 414000000, "depreciation_depletion_and_amortization": 4641000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 1157000000, "exploration_expense": 139000000, "distribution_and_administration_expenses": 4242000000, "profit_before_interest_and_taxation": 4056000000, "finance_costs": 1229000000, "profit_before_taxation": 2883000000, "taxation": 954000000, "profit_for_the_period": 1929000000, "net_income": 1629000000, "profit_attributable_to_non_controlling_interests": 300000000, "net_income_attributable_to_ordinary_shareholders": 1628000000, "weighted_average_basic_shares": 15645561000, "diluted_shares": 15854588000, "basic_eps": 0.6246, "diluted_eps": 0.6162 }, "balance_sheet": { "shares_in_issue_at_period_end": 15596112000, "total_finance_debt": 60346000000, "net_debt": 26043000000, "cash_and_cash_equivalents": 35067000000, "total_equity": 79780000000 }, "non_ifrs_measures": { "replacement_cost_profit": 2036000000, "underlying_replacement_cost_profit": 2353000000 }, "cash_flow": { "income_taxes_paid": -1194000000, "operating_cash_flow": 6271000000, "capex": -3361000000, "net_cash_used_in_investing_activities": -2932000000, "net_share_repurchases": -1063000000, "lease_liability_payments": -784000000, "dividends_paid_to_bp_shareholders": -1238000000, "net_cash_from_financing_activities": -2233000000, "free_cash_flow": 2910000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 0.48, "dividend_announced_per_ads": 0.4992 }, "sources": "Comparative columns of the 6-K for the period ended 30 June 2026 (accession 0000313807-26-000016). Balance-sheet items at 30 June 2025 are those printed in Note 9 (finance debt, cash and cash equivalents, net debt, total equity) and Note 7 (shares in issue); no full 30 June 2025 balance sheet is presented." } ], "year_to_date": { "label": "First half 2026", "period_start": "2026-01-01", "period_end": "2026-06-30", "period_type": "six months", "source_accession": "0000313807-26-000016", "prior_year_comparative": { "label": "First half 2025", "period_start": "2025-01-01", "period_end": "2025-06-30", "period_type": "six months", "source_accession": "0000313807-26-000016", "income_statement": { "revenue": 93532000000, "total_revenues_and_other_income": 95557000000, "purchases": 54595000000, "production_and_manufacturing_expenses": 12267000000, "production_and_similar_taxes": 861000000, "depreciation_depletion_and_amortization": 8824000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 1660000000, "exploration_expense": 242000000, "distribution_and_administration_expenses": 8653000000, "profit_before_interest_and_taxation": 8455000000, "finance_costs": 2550000000, "profit_before_taxation": 6013000000, "taxation": 3102000000, "profit_for_the_period": 2911000000, "net_income": 2316000000, "profit_attributable_to_non_controlling_interests": 595000000, "net_income_attributable_to_ordinary_shareholders": 2315000000, "weighted_average_basic_shares": 15711554000, "diluted_shares": 16026670000, "basic_eps": 0.8838, "diluted_eps": 0.8664 }, "non_ifrs_measures": { "replacement_cost_profit": 2605000000, "underlying_replacement_cost_profit": 3734000000 }, "cash_flow": { "income_taxes_paid": -2587000000, "operating_cash_flow": 9105000000, "capex": -6984000000, "net_cash_used_in_investing_activities": -6196000000, "net_share_repurchases": -2910000000, "lease_liability_payments": -1511000000, "dividends_paid_to_bp_shareholders": -2495000000, "net_cash_from_financing_activities": -7347000000, "free_cash_flow": 2121000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 0.96, "dividend_announced_per_ads": 0.9792 }, "sources": "First-half 2025 comparative columns of the 6-K for the period ended 30 June 2026 (accession 0000313807-26-000016)." }, "income_statement": { "revenue": 121360000000, "total_revenues_and_other_income": 123485000000, "purchases": 67399000000, "production_and_manufacturing_expenses": 17491000000, "production_and_similar_taxes": 1058000000, "depreciation_depletion_and_amortization": 8559000000, "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": 1689000000, "exploration_expense": 626000000, "distribution_and_administration_expenses": 9236000000, "profit_before_interest_and_taxation": 17427000000, "finance_costs": 2350000000, "profit_before_taxation": 15186000000, "taxation": 6644000000, "profit_for_the_period": 8542000000, "net_income": 7753000000, "profit_attributable_to_non_controlling_interests": 789000000, "net_income_attributable_to_ordinary_shareholders": 7687000000, "weighted_average_basic_shares": 15496928000, "diluted_shares": 15691289000, "basic_eps": 2.976, "diluted_eps": 2.9394 }, "non_ifrs_measures": { "replacement_cost_profit": 5290000000, "underlying_replacement_cost_profit": 8930000000 }, "cash_flow": { "income_taxes_paid": -2557000000, "operating_cash_flow": 13718000000, "capex": -6376000000, "net_cash_used_in_investing_activities": -5443000000, "net_share_repurchases": -562000000, "lease_liability_payments": -1525000000, "dividends_paid_to_bp_shareholders": -2580000000, "net_cash_from_financing_activities": -7688000000, "free_cash_flow": 7342000000 }, "conversion": { "ads_ratio": 6.0 }, "dividends": { "dividends_paid_per_ads": 0.9984, "dividend_announced_per_ads": 1.0188 }, "sources": "First-half columns of the 6-K for the period ended 30 June 2026 (accession 0000313807-26-000016). The balance sheet at 30 June 2026 is recorded on the Q2 2026 quarter." }, "trailing_twelve_months": { "label": "Twelve months ended 30 June 2026", "period_start": "2025-07-01", "period_end": "2026-06-30", "period_type": "twelve months (derived)", "source_accession": "0000313807-26-000016", "source_accessions": [ "0000313807-26-000006", "0000313807-26-000016" ], "derivation": "FY2025 (20-F) plus first half 2026 less first half 2025 (6-K)", "income_statement": { "revenue": 217163000000, "profit_before_interest_and_taxation": 21614000000, "profit_before_taxation": 16919000000, "taxation": 9993000000, "profit_for_the_period": 6926000000, "net_income": 5492000000 }, "non_ifrs_measures": { "underlying_replacement_cost_profit": 12681000000, "replacement_cost_profit": 3757000000 }, "cash_flow": { "operating_cash_flow": 29106000000, "capex": -13925000000, "dividends_paid_to_bp_shareholders": -5144000000, "net_share_repurchases": -2138000000, "free_cash_flow": 15181000000 } }, "notes": [ "Template: integrated oil and gas company reporting under IFRS. bp does not report cost of revenue or gross profit, so the record follows bp's own income statement: sales and other operating revenues ('revenue'), the main expense lines, profit before interest and taxation, profit before taxation, taxation, profit for the period, and profit attributable to bp shareholders ('net_income').", "'net_income' is profit for the period attributable to bp shareholders. 'profit_for_the_period' also includes the share attributable to non-controlling interests. 'net_income_attributable_to_ordinary_shareholders' is the earnings-per-share numerator bp prints in its EPS note (after the preference dividend and, in the second quarter and first half of 2026, a $65 million loss on redemption of perpetual hybrid bonds; in 2024, after a $10 million gain on redemption).", "'revenue' is the line 'Sales and other operating revenues'. 'total_revenues_and_other_income' adds earnings from joint ventures and associates, interest and other income, and gains on disposals. The SEC's XBRL company facts tag the larger 'total revenues and other income' line as revenue ($192,549 million for 2025); this record uses the sales line ($189,335 million) as revenue.", "Replacement cost (RC) profit and underlying RC profit are non-IFRS measures bp uses to present its results (profit attributable to bp shareholders adjusted for inventory holding gains and losses, and, for underlying RC profit, for adjusting items). They are recorded under 'non_ifrs_measures' exactly as bp prints them and are not a substitute for IFRS profit.", "Net debt is a non-IFRS measure defined by bp as finance debt plus the fair value of associated hedges, less cash and cash equivalents. 'total_finance_debt' is current plus non-current finance debt as printed in bp's net debt note; lease liabilities are reported separately and are not included in it.", "'capex' is bp's 'Total cash capital expenditure' line from the cash flow statement (property, plant and equipment, intangibles and other assets, acquisitions and investments in joint ventures and associates), which is also what bp calls capital expenditure. 'free_cash_flow' is derived here as net cash provided by operating activities less total cash capital expenditure; it is not bp's own 'adjusted free cash flow' measure.", "Earnings per share and dividends per share are stated per ADS (one ADS = six ordinary shares). The filings print them in cents per ordinary share; each was converted to dollars and multiplied by six, so the values here carry more decimals than the rounded per-ADS amounts bp also prints (for example, second-quarter 2026 diluted EPS of 24.54 cents per share is $1.4724 per ADS; bp prints $1.47).", "'dividends_paid_per_ads' is the dividend paid in the period; 'dividend_announced_per_ads' is the dividend bp announced with that period's results (for the second quarter 2026, 8.660 cents per ordinary share, $0.5196 per ADS, payable 18 September 2026). Annual periods carry the dividends paid in the year, from Note 10 of the 20-F.", "The first quarter of 2026 comes from bp's second-quarter results as published in its stock exchange announcement, furnished to the SEC on the same day as the interim report (accession 0001654954-26-007201). That version of the statements prints a first-quarter 2026 column; the interim report on Form 6-K (accession 0000313807-26-000016) prints only the second quarter and half-year columns. The first-quarter figures equal the first half less the second quarter on every line checked (for example, revenue 121,360 less 69,105 equals 52,255, and profit attributable to bp shareholders 7,753 less 3,911 equals 3,842).", "The trailing-twelve-months block (twelve months ended 30 June 2026) is derived as full-year 2025 (20-F) plus first half 2026 less first half 2025 (6-K). It is not a period bp reports.", "Interim figures for 2026 are unaudited. On 1 January 2026 bp adopted amendments to IFRS 9 relating to settlement of liabilities through electronic payment systems; the 6-K reports a $34 million increase to cash and cash equivalents on transition. The first-half 2026 cash flow statement therefore opens at $36,658 million ($36,624 million closing 2025 cash in the 20-F cash flow statement, which includes cash classified as held for sale, plus $34 million), against $36,556 million of cash and cash equivalents on the 31 December 2025 balance sheet.", "Shares: weighted average basic and diluted shares and shares in issue are ordinary shares, excluding treasury shares and including certain shares to be issued under employee share plans, as bp defines them." ], "uncertainties": [ "The 31 March 2026 and 30 June 2025 quarters carry only the balance-sheet items bp prints in its net debt and EPS notes (finance debt, cash and cash equivalents, net debt, total equity, shares in issue); the full balance sheets at those dates are not presented in these filings.", "Free cash flow and the trailing-twelve-months figures are computed from printed lines rather than printed by bp." ], "headline": { "period": "Q2 FY2026", "period_end_words": "June 30, 2026", "metrics": [ { "label": "Total revenues and other income", "format": "usd", "value": 70114000000, "text": "$70.11 billion", "exact": "$70,114,000,000", "compact": "$70.11B", "abs": "$70.11 billion", "prior_value": 47677000000, "prior": "$47.68 billion", "priorabs": "$47.68 billion", "yoy": "up 47.1%", "source": { "array": "quarterly", "field": "income_statement.total_revenues_and_other_income", "index": 0, "period_label": "Q2 2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000313807-26-000016", "prior_index": 2, "prior_period_label": "Q2 2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000313807-26-000016", "gap_days": 365 } }, { "label": "Net income", "format": "usd", "value": 3911000000, "text": "$3.91 billion", "exact": "$3,911,000,000", "compact": "$3.91B", "abs": "$3.91 billion", "prior_value": 1629000000, "prior": "$1.63 billion", "priorabs": "$1.63 billion", "yoy": "up 140.1%", "source": { "array": "quarterly", "field": "income_statement.net_income", "index": 0, "period_label": "Q2 2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000313807-26-000016", "prior_index": 2, "prior_period_label": "Q2 2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000313807-26-000016", "gap_days": 365 } }, { "label": "Diluted EPS per ADS", "format": "eps", "value": 1.4724, "text": "$1.47", "exact": "$1.47", "compact": "$1.47", "abs": "$1.47", "prior_value": 0.6162, "prior": "$0.62", "priorabs": "$0.62", "yoy": "up 138.9%", "source": { "array": "quarterly", "field": "income_statement.diluted_eps", "index": 0, "period_label": "Q2 2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000313807-26-000016", "prior_index": 2, "prior_period_label": "Q2 2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000313807-26-000016", "gap_days": 365 } }, { "label": "Underlying replacement cost profit", "format": "usd", "value": 5732000000, "text": "$5.73 billion", "exact": "$5,732,000,000", "compact": "$5.73B", "abs": "$5.73 billion", "prior_value": 2353000000, "prior": "$2.35 billion", "priorabs": "$2.35 billion", "yoy": "up 143.6%", "source": { "array": "quarterly", "field": "non_ifrs_measures.underlying_replacement_cost_profit", "index": 0, "period_label": "Q2 2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000313807-26-000016", "prior_index": 2, "prior_period_label": "Q2 2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000313807-26-000016", "gap_days": 365 } }, { "label": "Operating cash flow", "format": "usd", "value": 10858000000, "text": "$10.86 billion", "exact": "$10,858,000,000", "compact": "$10.86B", "abs": "$10.86 billion", "prior_value": 6271000000, "prior": "$6.27 billion", "priorabs": "$6.27 billion", "yoy": "up 73.1%", "source": { "array": "quarterly", "field": "cash_flow.operating_cash_flow", "index": 0, "period_label": "Q2 2026", "period_end": "2026-06-30", "period_start": "2026-04-01", "span_days": 90, "source_accession": "0000313807-26-000016", "prior_index": 2, "prior_period_label": "Q2 2025", "prior_period_end": "2025-06-30", "prior_period_start": "2025-04-01", "prior_span_days": 90, "prior_source_accession": "0000313807-26-000016", "gap_days": 365 } } ], "summary": "BP p.l.c. reported profit attributable to BP shareholders of $3.91 billion for Q2 FY2026, the quarter ended June 30, 2026, up 140.1% from a year earlier, with diluted earnings of $1.47 per American Depositary Share and total revenues and other income of $70.11 billion, up 47.1%. Underlying replacement cost profit, a non-IFRS measure BP uses to present its results, was $5.73 billion, up 143.6%; BP attributed the increase mainly to much higher realized refining margins, higher liquids realizations and a much higher oil trading contribution, in a quarter it said was marked by Middle East supply disruption and price volatility. Reported profit was below the underlying figure because of inventory holding losses and adjusting items that included impairments, and operating cash flow was $10.86 billion, up 73.1% from a year earlier.", "qa": [ { "q": "How much did BP earn in Q2 FY2026?", "a": "BP reported profit attributable to BP shareholders of $3.91 billion for Q2 FY2026, the quarter ended June 30, 2026, up 140.1% from $1.63 billion a year earlier. Diluted earnings were $1.47 per American Depositary Share, against $0.62 in the same quarter a year earlier." }, { "q": "What was BP's revenue in Q2 FY2026?", "a": "BP's total revenues and other income were $70.11 billion for Q2 FY2026, the quarter ended June 30, 2026, up 47.1% from $47.68 billion in the same quarter a year earlier." }, { "q": "What was BP's underlying replacement cost profit in Q2 FY2026?", "a": "BP's underlying replacement cost profit was $5.73 billion for Q2 FY2026, up 143.6% from $2.35 billion a year earlier. It is a non-IFRS measure that excludes inventory holding gains and losses and adjusting items such as impairments, and BP's reported profit attributable to shareholders for the quarter was lower, at $3.91 billion." }, { "q": "How much operating cash flow did BP generate in Q2 FY2026?", "a": "BP's net cash provided by operating activities was $10.86 billion for Q2 FY2026, the quarter ended June 30, 2026, up 73.1% from $6.27 billion in the same quarter a year earlier." } ] }, "company_details": { "Name": "Bp Plc", "Ticker": "BP", "CIK": "0000313807", "Exchange": "NYSE", "State": "United Kingdom", "Incorporation": "United Kingdom", "SIC": "2911", "Office": "Energy & Transportation", "Industry": "Petroleum Refining" }, "next_filing": { "predicted_date": "2026-11-03", "predicted_type": "6-K" }, "fiscal_period": { "fiscal_year": 2026, "fiscal_period": "Q2", "tag": "FY26Q2", "period_end": "2026-06-30", "form": "6-K", "accession": "0000313807-26-000016", "fiscal_year_end": "1231", "source": "derived" }, "source_filings": [ { "role": "annual", "current": false, "form": "20-F", "fiscal_year": 2025, "fiscal_period": "FY", "tag": "FY25", "period_end": "2025-12-31", "filed": "2026-03-06", "accession": "0000313807-26-000006", "url": "https://www.sec.gov/Archives/edgar/data/313807/000031380726000006/bp-20251231.htm", "source": "reported" }, { "role": "quarterly", "current": true, "form": "6-K", "fiscal_year": 2026, "fiscal_period": "Q2", "tag": "FY26Q2", "period_end": "2026-06-30", "filed": "2026-08-04", "accession": "0000313807-26-000016", "url": "https://www.sec.gov/Archives/edgar/data/313807/000031380726000016/0000313807-26-000016-index.htm", "source": "derived" } ], "figure_sources": { "about": "Where each figure in this file is printed in its SEC filing. This block mirrors the paths of the figures: figure_sources.annual[0].income_statement.net_income is the source of annual[0].income_statement.net_income. Each entry reads '#', and the link is documents[] + '#': it opens the filing at the line that prints that number. A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release. A figure this file converted to US dollars links to the number as the filing prints it, in the filing's own currency: that number at its period's conversion rate (and ADS ratio, for a per-share figure) is the figure.", "documents": { "d1": "https://www.sec.gov/Archives/edgar/data/313807/000031380726000006/bp-20251231.htm" }, "annual": [ { "period_end": "2025-12-31", "income_statement": { "revenue": "d1#f-134", "total_revenues_and_other_income": "d1#f-149", "purchases": "d1#f-152", "production_and_manufacturing_expenses": "d1#f-155", "depreciation_depletion_and_amortization": "d1#f-161", "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": "d1#f-995", "exploration_expense": "d1#f-167", "distribution_and_administration_expenses": "d1#f-170", "profit_before_interest_and_taxation": "d1#f-173", "finance_costs": "d1#f-176", "profit_before_taxation": "d1#f-182", "taxation": "d1#f-185", "profit_for_the_period": "d1#f-188", "net_income": "d1#f-191", "profit_attributable_to_non_controlling_interests": "d1#f-194", "net_income_attributable_to_ordinary_shareholders": "d1#f-1777", "weighted_average_basic_shares": "d1#f-1780", "diluted_shares": "d1#f-1786", "basic_eps": "d1#f-200", "diluted_eps": "d1#f-203" }, "non_ifrs_measures": { "replacement_cost_profit": "d1#f-2161" }, "cash_flow": { "income_taxes_paid": "d1#f-630", "operating_cash_flow": "d1#f-633", "capex": "d1#f-648", "net_cash_used_in_investing_activities": "d1#f-660", "net_share_repurchases": "d1#f-663", "lease_liability_payments": "d1#f-666", "dividends_paid_to_bp_shareholders": "d1#f-1747", "net_cash_from_financing_activities": "d1#f-699" }, "balance_sheet": { "cash_and_cash_equivalents": "d1#f-518", "inventories": "d1#f-506", "total_assets": "d1#f-526", "finance_debt_current": "d1#f-536", "finance_debt_non_current": "d1#f-556", "lease_liabilities_current": "d1#f-534", "lease_liabilities_non_current": "d1#f-554", "total_liabilities": "d1#f-566", "bp_shareholders_equity": "d1#f-570", "noncontrolling_interests": "d1#f-572", "total_equity": "d1#f-574", "total_finance_debt": "d1#f-3949", "net_debt": "d1#f-3990" }, "dividends": { "dividends_paid_per_ads": "d1#f-1744" } }, { "period_end": "2024-12-31", "income_statement": { "revenue": "d1#f-135", "total_revenues_and_other_income": "d1#f-150", "purchases": "d1#f-153", "production_and_manufacturing_expenses": "d1#f-156", "production_and_similar_taxes": "d1#f-159", "depreciation_depletion_and_amortization": "d1#f-162", "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": "d1#f-996", "exploration_expense": "d1#f-168", "distribution_and_administration_expenses": "d1#f-171", "profit_before_interest_and_taxation": "d1#f-174", "finance_costs": "d1#f-177", "profit_before_taxation": "d1#f-183", "taxation": "d1#f-186", "profit_for_the_period": "d1#f-189", "net_income": "d1#f-192", "profit_attributable_to_non_controlling_interests": "d1#f-195", "net_income_attributable_to_ordinary_shareholders": "d1#f-1778", "weighted_average_basic_shares": "d1#f-1781", "diluted_shares": "d1#f-1787", "basic_eps": "d1#f-201", "diluted_eps": "d1#f-204" }, "non_ifrs_measures": { "replacement_cost_profit": "d1#f-5660" }, "cash_flow": { "income_taxes_paid": "d1#f-631", "operating_cash_flow": "d1#f-634", "capex": "d1#f-649", "net_cash_used_in_investing_activities": "d1#f-661", "net_share_repurchases": "d1#f-664", "lease_liability_payments": "d1#f-667", "dividends_paid_to_bp_shareholders": "d1#f-1748", "net_cash_from_financing_activities": "d1#f-700" }, "balance_sheet": { "cash_and_cash_equivalents": "d1#f-519", "inventories": "d1#f-507", "total_assets": "d1#f-527", "finance_debt_current": "d1#f-537", "finance_debt_non_current": "d1#f-557", "lease_liabilities_current": "d1#f-535", "lease_liabilities_non_current": "d1#f-555", "total_liabilities": "d1#f-567", "bp_shareholders_equity": "d1#f-571", "noncontrolling_interests": "d1#f-573", "total_equity": "d1#f-575", "total_finance_debt": "d1#f-3964", "net_debt": "d1#f-3991" }, "dividends": { "dividends_paid_per_ads": "d1#f-1745" } }, { "period_end": "2023-12-31", "income_statement": { "revenue": "d1#f-136", "total_revenues_and_other_income": "d1#f-151", "purchases": "d1#f-154", "production_and_manufacturing_expenses": "d1#f-157", "production_and_similar_taxes": "d1#f-160", "depreciation_depletion_and_amortization": "d1#f-163", "net_impairment_and_losses_on_sale_of_businesses_and_fixed_assets": "d1#f-997", "exploration_expense": "d1#f-169", "distribution_and_administration_expenses": "d1#f-172", "profit_before_interest_and_taxation": "d1#f-175", "finance_costs": "d1#f-178", "profit_before_taxation": "d1#f-184", "taxation": "d1#f-187", "profit_for_the_period": "d1#f-190", "net_income": "d1#f-193", "profit_attributable_to_non_controlling_interests": "d1#f-196", "net_income_attributable_to_ordinary_shareholders": "d1#f-1779", "weighted_average_basic_shares": "d1#f-1782", "diluted_shares": "d1#f-1788", "basic_eps": "d1#f-202", "diluted_eps": "d1#f-205" }, "cash_flow": { "income_taxes_paid": "d1#f-632", "operating_cash_flow": "d1#f-635", "capex": "d1#f-650", "net_cash_used_in_investing_activities": "d1#f-662", "net_share_repurchases": "d1#f-665", "lease_liability_payments": "d1#f-668", "dividends_paid_to_bp_shareholders": "d1#f-1749", "net_cash_from_financing_activities": "d1#f-701" }, "dividends": { "dividends_paid_per_ads": "d1#f-1746" } } ] } }