What was BP's first-quarter underlying replacement cost profit, and how did it compare to analyst expectations and the prior-year figure?

BP's first-quarter underlying replacement cost profit was $3.2 billion, which exceeded the $2.67 billion expected by analysts in a company-provided poll and was significantly higher than the $1.38 billion reported a year ago.

What metric does BP use as its version of net income, and what was its value for the first quarter?

BP uses 'underlying replacement cost profit' as its version of net income, and for the first quarter, this metric amounted to $3.2 billion.

BP Profit Beats Expectations at $3.2 Billion

Apr 27, 2026

BP reported a first-quarter underlying replacement cost profit of $3.2 billion, exceeding analyst expectations of $2.67 billion. This represents a substantial rise from the $1.38 billion profit recorded a year ago.

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2026-04-27

BP Profit Beats Expectations at $3.2 Billion

2026-07-13

BP sees slightly higher second-quarter oil trading result

2026-07-20

BP Forecasts Q2 Upstream Production Decline

2026-10-30

BP posts net income of $8.46 billion, beating expectations

BP Profit Beats Expectations at $3.2 Billion

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