Phillips 66 revenue

Phillips 66's revenue was $132.38bn in fiscal 2025, down 7.5% on the year before. Since fiscal 2010 ($146.56bn) it has grown at a compound -0.7% a year. Over the last twelve months it was $168.19bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Phillips 66: revenue history, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	146.6	195.9	179.3	171.6	161.2	99.0	84.3	102.4	111.5	107.3	64.1	111.5	170.0	147.4	143.2	132.4	168.2
Growth on the year before	—	+33.7%	−8.5%	−4.3%	−6.1%	−38.6%	−14.8%	+21.4%	+8.9%	−3.7%	−40.2%	+73.8%	+52.5%	−13.3%	−2.9%	−7.5%	—
Gross profit	—	—	—	—	—	—	21.8	22.9	13.5	11.8	6.4	9.4	20.1	19.3	13.2	16.3	25.4
Gross margin	—	—	—	—	—	—	25.9%	22.4%	12.1%	11.0%	10.0%	8.4%	11.8%	13.1%	9.2%	12.3%	15.1%

US$ billions unless shown otherwise. Fiscal quarters.

Phillips 66: revenue history, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	33.7	30.4	33.3	34.5	34.1	32.5	51.0	50.5
Growth on the same quarter a year before	—	—	—	—	+1.3%	+6.9%	+53.1%	+46.4%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025

Segments
Line of business	Revenue	Share	YoY
Marketing Speciality	$83.7B	63.3%	▼ 7.3%
Refining	$26.9B	20.3%	▼ 22.8%
Midstream	$18.6B	14.0%	▲ 16.0%
Renewable Fuels	$3.1B	2.4%	▲ 57.9%
Chemicals	$0	0.0%	—

Products and services
Line of business	Revenue	Share	YoY
Refined Petroleum Products and Renewable Fuels	$97.4B	73.5%	▼ 6.1%
Natural Gas Liquids Reserves	$17.1B	12.9%	▲ 17.3%
Crude Oil	$15.2B	11.5%	▼ 31.0%
Other Product Line	$2.8B	2.1%	▼ 4.9%

Geography
Region	Revenue	Share	YoY
United States	$104B	78.8%	▼ 8.2%
United Kingdom	$13.2B	10.0%	▲ 3.9%
Other Geographical Areas	$9.9B	7.5%	▼ 14.3%
Germany	$5B	3.8%	▼ 5.2%

From Phillips 66's 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Oil & Gas Refining & Marketing: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Phillips 66	$168.19bn	27.5%	4.0%
Marathon Petroleum	$153.58bn	15.0%	-0.7%
Valero Energy	$153.33bn	24.6%	0.5%
World Kinect Corp	$45.58bn	21.1%	-2.8%
PBF Energy Inc.	$38.85bn	31.5%	-1.0%
HF Sinclair Corp	$34.83bn	29.5%	1.5%

Compare with peers

Head to head: MPC vs PSX PSX vs VLO PSX vs WKC

More: Oil & Gas Refining & Marketing stocks compared, Energy sector, rankings of US companies

Figures from Phillips 66's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Phillips 66.