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Group income statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Profit (loss) [abstract]      
Sales and other operating revenues $ 189,335 $ 189,185 $ 210,130
Earnings from joint ventures – after interest and tax (300) 909 67
Earnings from associates – after interest and tax 918 1,084 831
Interest and other income 1,609 2,773 1,635
Gains on sale of businesses and fixed assets 987 678 369
Total revenues and other income 192,549 194,629 213,032
Purchases 110,640 113,941 119,307
Production and manufacturing expenses 25,646 26,584 25,044
Production and similar taxes 1,698 1,799 1,779
Depreciation, depletion and amortization 17,822 16,622 15,928
Net impairment and losses on sale of businesses and fixed assets 6,037 6,995 5,857
Exploration expense 570 974 997
Distribution and administration expenses 17,494 16,417 16,772
Profit (loss) before interest and taxation 12,642 11,297 27,348
Finance costs 5,106 4,683 3,840
Net finance (income) expense relating to pensions and other post-employment benefits (210) (168) (241)
Profit (loss) before taxation 7,746 6,782 23,749
Taxation 6,451 5,553 7,869
Profit (loss) for the year [1] 1,295 1,229 15,880
Attributable to      
bp shareholders 55 381 15,239
Non-controlling interests $ 1,240 $ 848 $ 641
Ordinary Shares      
Profit (loss) for the year attributable to bp shareholders      
Basic earnings (loss) per share (USD per share) $ 0.0035 $ 0.0238 $ 0.8778
Diluted earnings (loss) per share (USD per share) 0.0034 0.0232 0.8585
American Depositary Share      
Profit (loss) for the year attributable to bp shareholders      
Basic earnings (loss) per share (USD per share) 0.02 0.14 5.27
Diluted earnings (loss) per share (USD per share) $ 0.02 $ 0.14 $ 5.15
[1] See Note 32 for further information.