Phillips 66 Quarterly Income Statement
NYSE: PSXEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Phillips 66 revenue and earnings
In the quarter ended Jun 30, 2026, Phillips 66 generated $51.00 billion in revenue, up 53.1% from the same quarter a year earlier. Net income was $3.85 billion (+338.7% year over year), for a net margin of 7.5% versus a median of 1.6% in the prior 5 quarters. Gross margin was 14.4% (up from 12.7%).
Diluted earnings per share came in at $9.55, up from $2.15.
Summary generated from market data by MetaCap's automated system. Methodology
Phillips 66 income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51.00B | 32.54B | 34.11B | 34.52B | 33.32B | 30.43B | 33.69B | 35.53B | 38.13B | 35.81B | 38.27B | 39.64B |
| Revenue growth (YoY) | +53.06% | +6.93% | +1.26% | -2.85% | -12.60% | -15.03% | -11.98% | -10.38% | +8.66% | +4.11% | -4.99% | -11.82% |
| Cost of Revenue | 43.66B | 29.22B | 29.14B | 30.22B | 29.08B | 27.66B | 30.75B | 32.19B | 34.63B | 32.39B | 33.84B | 34.33B |
| Gross Profit | 7.34B | 3.32B | 4.97B | 4.30B | 4.25B | 2.77B | 2.93B | 3.33B | 3.50B | 3.42B | 4.43B | 5.31B |
| Selling, General & Admin | 538.00M | 537.00M | 544.00M | 792.00M | 582.00M | 519.00M | 511.00M | 1.19B | 552.00M | 557.00M | 658.00M | 669.00M |
| Interest Expense | 314.00M | 286.00M | 295.00M | 259.00M | 264.00M | 221.00M | 220.00M | 229.00M | 231.00M | 227.00M | 218.00M | 221.00M |
| Other Income (Expense) | 288.00M | 204.00M | 127.00M | 116.00M | 139.00M | 56.00M | 4.00M | 84.00M | 58.00M | 97.00M | 197.00M | 15.00M |
| Income Tax | 1.09B | 41.00M | 526.00M | 32.00M | 212.00M | 122.00M | -38.00M | 44.00M | 291.00M | 203.00M | 476.00M | 670.00M |
| Net Income | 3.85B | 207.00M | 2.91B | 133.00M | 877.00M | 487.00M | 8.00M | 346.00M | 1.01B | 748.00M | 1.26B | 2.10B |
| Net Income growth (YoY) | +338.65% | -57.49% | +36225.00% | -61.56% | -13.60% | -34.89% | -99.37% | -83.50% | -40.19% | -61.86% | -33.12% | -61.10% |
| EPS (Basic) | 9.59 | 0.51 | 7.16 | 0.32 | 2.15 | 1.19 | 0.06 | 0.82 | 2.39 | 1.74 | 2.90 | 4.72 |
| EPS (Diluted) | 9.55 | 0.51 | 7.14 | 0.32 | 2.15 | 1.18 | 0.06 | 0.82 | 2.38 | 1.73 | 2.87 | 4.69 |
| Shares Outstanding (Basic) | 400.95M | 402.04M | — | 404.51M | 406.76M | 409.18M | — | 417.31M | 422.87M | 428.96M | — | 444.28M |
| Shares Outstanding (Diluted) | 402.62M | 403.27M | — | 405.55M | 407.93M | 410.50M | — | 418.80M | 425.73M | 431.91M | — | 447.26M |
| Gross Margin | 14.39% | 10.22% | 14.57% | 12.45% | 12.74% | 9.10% | 8.70% | 9.38% | 9.18% | 9.56% | 11.57% | 13.40% |
| Net Margin | 7.54% | 64.00% | 8.52% | 39.00% | 2.63% | 1.60% | 2.00% | 97.00% | 2.66% | 2.09% | 3.29% | 5.29% |
This table shows 12 quarterly periods of Phillips 66's income statement, from Q2 2026 back to Q3 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PSX's reporting calendar. What is a income statement?