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$52.3B 10.3%Beat EPS +133.1%
Total revenue, Q1 '26 (USD).

Did BP Beat Earnings?

BP (BP) reported Q1 '26 revenue of $52.3B, up 11.4% year-over-year, with reported EPS of $1.24. That topped the $0.53 analyst estimate by 133.1% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — BP’s job postings, web traffic, and employee business outlook. See the full BP stock analysis or the earnings calendar for upcoming reports.

BP Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q1 '26 $0.53 $1.24 Beat +133.1%
Q4 '25 $0.53 $0.60 Beat +14.1%
Q3 '25 $0.76 $0.85 Beat +11.8%
Q2 '25 $0.66 $0.90 Beat +36.4%
Q1 '25 $0.56 $0.53 Missed -5.4%
Q4 '24 $0.45 $0.44 Missed -2.2%

BP Quarterly Financial Trends (USD)

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue47.3B47.3B45.8B46.9B46.6B48.4B47.4B52.3B
Gross margin15.1%15.9%12.7%18.0%18.3%18.3%16.2%24.2%
Operating margin5.9%6.8%3.3%8.4%8.9%9.0%6.3%15.2%
Net income-129M206M-1.96B687M1.63B1.16B-3.42B3.84B
Net margin-0.3%0.4%-4.3%1.5%3.5%2.4%-7.2%7.3%
EPS$1.02$0.83$0.44$0.53$0.90$0.85$0.60$1.24

BP Earnings Trend Analysis

Over the eight quarters from Q2 '24 to Q1 '26, BP’s quarterly revenue moved from $47.3B to $52.3B. Net margin expanded from -0.3% to 7.3%, against a 24.2% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. BP has beaten Wall Street EPS estimates in 6 of its last 8 reported quarters.

When Is BP’s Next Earnings Date?

BP reports earnings on a quarterly schedule. Its most recent report covered Q1 '26. For the confirmed upcoming date — and every other company reporting soon — see the BP earnings calendar.

Frequently Asked Questions: BP Earnings

BP's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

BP reported Q1 '26 EPS of $1.24 on revenue of $52.3B (+11.4% YoY). BP beat estimates, reporting $1.24 vs. the $0.53 estimate.

BP reported Q1 '26 revenue of $52.3B, up 11.4% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the BP AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.