Phillips 66 (PSX) income statement
NYSE · Energy · Oil & Gas Refining & Marketing · 12,600 employees · CEO Mark E. Lashier
- Price
- $282.83 +3.37%
- Market cap
- $110B
- Enterprise value
- $123B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-03 EPS est. $10.89
Phillips 66 (PSX) reported revenue of $50.5B for Q3 '26 (+46.5% year on year), operating income of $6.4B (12.7% of revenue) and net income of $5.62B. Over the last four quarters revenue was $170B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.1B | $36B | $38.1B | $35.3B | $33.7B | $30.5B | $33.2B | $34.5B | $34B | $34.1B | $51B | $50.5B | |
| Cost of revenue | $36.1B | $34.1B | $36.6B | $34.5B | $33.1B | $29.9B | $31.3B | $32.6B | $31.9B | $30.5B | $43.7B | $42.7B | |
| Gross profit | $2B | $1.92B | $1.52B | $813M | $612M | $586M | $1.89B | $1.91B | $2.14B | $3.63B | $7.34B | $7.86B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $625M | |
| Other operating expenses | $155M | $165M | $49M | $53M | $62M | $233M | $218M | $221M | $119M | $234M | $1.81B | $838M | |
| Operating expenses | $763M | $722M | $601M | $1.25B | $573M | $752M | $800M | $1.01B | $642M | $771M | $2.35B | $1.46B | |
| Operating income | $1.24B | $1.2B | $919M | -$434M | $39M | -$166M | $1.09B | $901M | $1.5B | $2.85B | $4.99B | $6.4B | |
| Interest income | $269M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $218M | $227M | $231M | $229M | $220M | $221M | $264M | $259M | $295M | $286M | $314M | $243M | |
| Other non-operating income (gains on investments, FX ...) | -$742M | $5M | -$623M | -$1.08B | -$168M | -$1.04B | -$299M | $443M | -$2.25B | $2.31B | -$293M | -$955M | |
| Total non-operating income | $524M | -$232M | $392M | $847M | -$52M | $814M | $35M | -$702M | $1.96B | -$2.59B | -$21M | $712M | |
| Income before tax | $1.76B | $964M | $1.31B | $413M | -$13M | $648M | $1.12B | $199M | $3.45B | $260M | $4.97B | $7.11B | |
| Income tax | $476M | $203M | $291M | $44M | -$38M | $122M | $212M | $32M | $526M | $41M | $1.09B | $1.47B | |
| Net income | $1.26B | $748M | $1.02B | $346M | $8M | $487M | $877M | $133M | $2.91B | $207M | $3.85B | $5.62B | |
| EPS (basic) | $2.87 | $1.74 | $2.39 | $0.82 | $0.01 | $1.19 | $2.15 | $0.32 | $7.21 | $0.51 | $9.59 | $14.14 | |
| EPS (diluted) | $2.85 | $1.73 | $2.38 | $0.82 | $0.01 | $1.18 | $2.15 | $0.32 | $7.17 | $0.51 | $9.55 | $14.08 | |
| Shares (basic, weighted) | 437M | 429M | 423M | 417M | 417M | 409M | 407M | 405M | 403M | 402M | 401M | 397M | |
| Shares (diluted, weighted) | 441M | 432M | 426M | 419M | 419M | 411M | 408M | 406M | 405M | 403M | 403M | 399M | |
| Depreciation & amortization | $528M | $513M | $507M | $551M | $832M | $791M | $816M | $826M | $818M | $558M | $585M | $591M | |
| EBITDA | $2.51B | $1.7B | $2.05B | $1.19B | $1.04B | $1.66B | $2.2B | $1.28B | $4.57B | $1.1B | $5.87B | $7.94B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.3B | $89.5B | $111B | $107B | $63.7B | $112B | $170B | $147B | $143B | $132B | |
| Cost of revenue | $67.9B | $85.4B | $104B | $102B | $63.5B | $109B | $157B | $136B | $138B | $126B | |
| Gross profit | $3.48B | $4.12B | $7.14B | $5.32B | $180M | $3.38B | $12.8B | $11.3B | $4.86B | $6.49B | |
| Research & development | $60M | $60M | $55M | $54M | $48M | $47M | $42M | $27M | $15M | $6M | |
| General & administrative | $1.64B | $1.7B | $1.68B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $307M | $408M | $425M | $409M | $464M | $410M | $530M | $707M | $329M | $791M | |
| Operating expenses | $1.95B | $2.1B | $2.1B | $2.09B | $2.01B | $2.15B | $2.7B | $3.02B | $2.54B | $2.97B | |
| Operating income | $1.53B | $2.01B | $5.04B | $3.23B | -$1.83B | $1.23B | $10.1B | $8.27B | $2.32B | $3.52B | |
| Interest income | $18M | $31M | $45M | $43M | $14M | $11M | $82M | $269M | $158M | $141M | |
| Interest expense | $338M | $438M | $504M | $458M | $499M | $581M | $619M | $897M | $907M | $1.04B | |
| Other non-operating income (gains on investments, FX ...) | -$995M | -$1.98B | -$2.91B | -$1.41B | $2.64B | -$1.1B | -$5.19B | -$2.1B | -$1.26B | -$2.94B | |
| Total non-operating income | $657M | $1.54B | $2.4B | $953M | -$3.14B | $515M | $4.57B | $1.2B | $350M | $1.9B | |
| Income before tax | $2.19B | $3.56B | $7.45B | $4.18B | -$4.96B | $1.74B | $14.6B | $9.47B | $2.68B | $5.42B | |
| Income tax | $547M | -$1.69B | $1.57B | $801M | -$1.25B | $146M | $3.25B | $2.23B | $500M | $892M | |
| Net income | $1.56B | $5.11B | $5.6B | $3.08B | -$3.98B | $1.32B | $11B | $7B | $2.12B | $4.4B | |
| EPS (basic) | $2.94 | $9.90 | $11.89 | $6.80 | -$9.06 | $2.97 | $23.36 | $15.56 | $5.01 | $10.84 | |
| EPS (diluted) | $2.92 | $9.85 | $11.80 | $6.77 | -$9.06 | $2.97 | $23.27 | $15.45 | $4.99 | $10.79 | |
| Shares (basic, weighted) | 528M | 515M | 471M | 451M | 440M | 440M | 471M | 450M | 420M | 406M | |
| Shares (diluted, weighted) | 530M | 519M | 474M | 454M | 440M | 440M | 474M | 453M | 422M | 408M | |
| Depreciation & amortization | $1.19B | $1.34B | $1.38B | $1.36B | $1.42B | $1.63B | $1.65B | $2.01B | $2.4B | $3.25B | |
| EBITDA | $3.72B | $5.33B | $9.33B | $6B | -$3.05B | $3.95B | $16.9B | $12.4B | $5.99B | $9.71B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01