Income StatementBalance SheetCash FlowSegments
Phillips 66 logo

Phillips 66 Income Statement

Revenue, expenses, and profitability over time

Phillips 66 generated $134.49B in trailing twelve-month revenue, down 0.0% year-over-year. Net income was $4.1B with a 3.07% net margin. Diluted EPS is $10.11, which grew 1.3% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$134.49BGross Profit (TTM)$16.8BNet Income (TTM)$4.1BEps Diluted (TTM)$10.11
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$71.2B
P/E Ratio17.28
ROE14.78%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Currency Transaction Gain (Loss)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Unrealized Foreign Currency Transaction Gain (Loss)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Foreign Currency Transaction Gain (Loss)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Foreign exchange gains (losses)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Income from equity method investments$215.0M$153.0M$153.0M$337.0M$119.0M$252.0M
Foreign Currency Transaction Gain (Loss), Pre-tax-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Foreign Currency Transaction Gain (Loss)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Foreign currency transaction gain (loss)-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Foreign Currency Transaction Gain (Loss), Before Tax-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Other income (expense), net$4.0M$56.0M$139.0M$116.0M$127.0M$204.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accretion Expense$13.0M$12.0M$10.0M$12.0M$13.0M$12.0M
Depreciation and amortization$819.0M$791.0M$816.0M$826.0M$818.0M$558.0M
Other Costs and Expenses$1.6B$1.6B$1.4B$1.5B$1.9B$1.9B
Impairment of Goodwill and Purchased Intangible Assets$37.0M$26.0M$4.0M$951.0M$79.0M$8.0M
Other operating charges$1.6B$1.6B$1.4B$1.5B$1.9B$1.9B
Taxes other than income taxes$62.0M$233.0M$218.0M$221.0M$119.0M$234.0M
Goodwill and indefinite-lived intangible asset impairment$37.0M$26.0M$4.0M$951.0M$79.0M$8.0M
Selling, general and administrative$511.0M$519.0M$582.0M$792.0M$544.0M$537.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.04$1.19$2.15$0.32$7.15$0.51
Diluted earnings per share$0.05$1.18$2.15$0.32$7.13$0.51
Weighted-average shares, basic—409.2M406.8M404.5M—402M
Weighted-average shares, diluted—410.5M407.9M405.5M168K403.3M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$2.9B$2.8B$4.2B$4.3B$5.0B$3.3B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$0.0$122.0M$212.0M$32.0M$526.0M$41.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$8.0M$487.0M$877.0M$133.0M$2.9B$207.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cost And Expenses$34.0B$31.1B$32.4B$34.8B$32.9B$32.7B
Gain (Loss), Foreign Currency Transaction, before Tax-$2.0M$6.0M$9.0M-$8.0M—-$10.0M
Interest and Debt Expense$220.0M$221.0M$264.0M$259.0M$295.0M$286.0M
Revenue From Contract With Customer Excluding Assessed Tax$33.7B$30.4B$33.3B$34.5B$34.1B$32.5B
Taxes other than income taxes and other – net$62.0M$233.0M$218.0M$221.0M$119.0M$234.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenues And Other Income$34.0B$31.7B$33.5B$35.0B$36.3B$33.0B
Total revenue$33.7B$30.4B$33.3B$34.5B$34.1B$32.5B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$30.8B$27.7B$29.1B$30.2B$29.1B$29.2B