Phillips 66PSXEarnings & Financial Report
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.
Revenue
$33.7B
Gross Profit
$2.9B
Operating Profit
N/A
Net Profit
$8.0M
Gross Margin
8.7%
Operating Margin
N/A
Net Margin
0.0%
YoY Growth
-12.0%
EPS
$0.06
Phillips 66 Q4 FY2024 Financial Summary
Phillips 66 reported revenue of $33.7B (down 12.0% YoY) for Q4 FY2024, with a net profit of $8.0M (down 99.4% YoY) (0.0% margin). Cost of goods sold was $30.8B.
Key Financial Metrics
| Total Revenue | $33.7B |
|---|---|
| Net Profit | $8.0M |
| Gross Margin | 8.7% |
| Operating Margin | N/A |
| Report Period | Q4 FY2024 |
Phillips 66 Annual Revenue by Year
Phillips 66 annual revenue history includes year-by-year totals (for example, 2025 revenue was $132.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $132.4B |
| 2024 | $143.2B |
| 2023 | $147.4B |
| 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $34.1B | +1.3% | $2.9B | 8.5% |
| Q3 FY2025 | $34.5B | -2.9% | $133.0M | 0.4% |
| Q2 FY2025 | $33.3B | -12.6% | $877.0M | 2.6% |
| Q1 FY2025 | $30.4B | -15.0% | $487.0M | 1.6% |
| Q4 FY2024 | $33.7B | -12.0% | $8.0M | 0.0% |
| Q3 FY2024 | $35.5B | -10.4% | $346.0M | 1.0% |
| Q2 FY2024 | $38.1B | +8.7% | $1.0B | 2.7% |
| Q1 FY2024 | $35.8B | +4.1% | $748.0M | 2.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.81B | $38.13B | $35.53B | $33.69B | $30.43B | $33.32B | $34.52B | $34.11B |
| YoY Growth | 4.1% | 8.7% | -10.4% | -12.0% | -15.0% | -12.6% | -2.9% | 1.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 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 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-236.0M | $2.10B | $1.13B | $1.20B | $187.0M | $845.0M | $1.18B | $2.75B |