Phillips 66 (PSX) financials
Phillips 66 revenue and earnings by year
Phillips 66's revenue was $137 billion in the fiscal year to December 31, 2025, down 6.1% from the year before. Net income was $4.40 billion, 3.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 5.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 136.6 | 145.5 | 149.9 | 175.7 | 114.9 | 65.5 | 109.6 | 114.2 | 104.6 | 85.8 |
| Revenue growth | -6.1% | -2.9% | -14.7% | 53.0% | 75.4% | -40.2% | -4.1% | 9.2% | 22.0% | — |
| Gross profit | 13.3 | 9.3 | 14.9 | 19.1 | 7.2 | 2.8 | 8.5 | 11.0 | 7.1 | 5.3 |
| Gross margin | 9.7% | 6.4% | 10.0% | 10.9% | 6.3% | 4.2% | 7.8% | 9.6% | 6.7% | 6.2% |
| Operating income | 6.5 | 3.6 | 10.4 | 15.3 | 2.3 | -4.4 | 4.7 | 7.9 | 4.0 | 2.5 |
| Operating margin | 4.8% | 2.5% | 6.9% | 8.7% | 2.0% | -6.8% | 4.3% | 7.0% | 3.8% | 3.0% |
| Net income | 4.4 | 2.1 | 7.0 | 11.0 | 1.3 | -4.0 | 3.1 | 5.6 | 5.1 | 1.6 |
| Net margin | 3.2% | 1.5% | 4.7% | 6.3% | 1.1% | -6.1% | 2.8% | 4.9% | 4.9% | 1.8% |
| Diluted EPS | $10.79 | $4.99 | $15.48 | $23.27 | $2.97 | -$9.04 | $6.78 | $11.91 | $9.93 | $2.92 |
| Free cash flow | 2.7 | 2.3 | 4.9 | 8.9 | 4.2 | -0.8 | 0.9 | 4.9 | 1.8 | 0.1 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PSX in Markets.
See also: PSX valuation and P/E history · PSX returns
No forecast, no recommendation. This page describes Phillips 66 from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.