Phillips 66

Phillips 66PSXEarnings & Financial Report

NYSE · Energy · Oil & Gas Refining & Marketing

The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, assisted in establishing the newly reconfigured Phillips 66. The company today was formed ten years after Phillips merged with Conoco to form ConocoPhillips.

PSX Q4 FY2025 Key Financial Metrics

Revenue

$34.1B

Gross Profit

$5.0B

Operating Profit

N/A

Net Profit

$2.9B

Gross Margin

14.6%

Operating Margin

N/A

Net Margin

8.5%

YoY Growth

1.3%

EPS

$7.14

Phillips 66 Q4 FY2025 Financial Summary

Phillips 66 reported revenue of $34.1B (up 1.3% YoY) for Q4 FY2025, with a net profit of $2.9B (up 36225.0% YoY) (8.5% margin). Cost of goods sold was $29.1B.

Key Financial Metrics

Total Revenue$34.1B
Net Profit$2.9B
Gross Margin14.6%
Operating MarginN/A
Report PeriodQ4 FY2025

Revenue Breakdown

Phillips 66 Q4 FY2025 revenue of $34.1B breaks down across 7 segments, led by Marketing Speciality Segment at $21.7B (63.5% of total).

SegmentRevenue% of Total
Marketing Speciality Segment$21.7B63.5%
Crude Oil$3.7B10.8%
GB$3.5B10.2%
Other Geographical Areas$2.4B7.1%
DE$1.1B3.2%
Renewable Fuels$876.0M2.6%
Other Product Line$634.0M1.9%

Phillips 66 Revenue by Segment — Quarterly Trend

Phillips 66 revenue by segment across the last 4 reported quarters, showing how each business line (such as Marketing Speciality Segment and Crude Oil) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Marketing Speciality Segment$21.7B$20.9B$19.2B
Crude Oil$3.7B$3.1B
GB$3.5B$3.4B$3.4B$3.0B
Other Geographical Areas$2.4B$2.8B$2.6B$2.1B
DE$1.1B$1.4B$1.3B$1.2B

Phillips 66 Annual Revenue by Year

Phillips 66 annual revenue history includes year-by-year totals (for example, 2025 revenue was $132.4B).

YearAnnual Revenue
2025$132.4Bvs 2024
2024$143.2Bvs 2023
2023$147.4Bvs 2022
2022$170.0B

Phillips 66 Quarterly Revenue & Net Profit History

Phillips 66 results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$34.1B+1.3%$2.9B8.5%
Q3 FY2025$34.5B-2.9%$133.0M0.4%
Q2 FY2025$33.3B-12.6%$877.0M2.6%
Q1 FY2025$30.4B-15.0%$487.0M1.6%
Q4 FY2024$33.7B-12.0%$8.0M0.0%
Q3 FY2024$35.5B-10.4%$346.0M1.0%
Q2 FY2024$38.1B+8.7%$1.0B2.7%
Q1 FY2024$35.8B+4.1%$748.0M2.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$35.81B$38.13B$35.53B$33.69B$30.43B$33.32B$34.52B$34.11B
YoY Growth4.1%8.7%-10.4%-12.0%-15.0%-12.6%-2.9%1.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$76.40B$75.94B$75.08B$72.58B$71.84B$75.94B$76.12B$73.68B
Liabilities$45.61B$45.44B$45.30B$44.12B$43.48B$47.31B$48.04B$43.44B
Equity$29.73B$29.45B$28.72B$27.41B$27.27B$27.49B$26.92B$29.09B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-236.0M$2.10B$1.13B$1.20B$187.0M$845.0M$1.18B$2.75B