Business Segments · Sales and other operating revenues
Refining — Sales and other operating revenues
Phillips 66 Refining — Sales and other operating revenues increased by 7.3% to $22.53B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.9%, from $15.88B to $22.53B. Over 4 years (FY 2021 to FY 2025), Refining — Sales and other operating revenues shows relatively stable performance with a 0.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ1 2026
Rolls up toTotal Revenue
How to read this metric
Higher revenues generally indicate increased throughput or favorable market pricing environments for refined products.
Detailed definition
Total revenue generated by the refining segment from the sale of refined petroleum products and related services. This i...
Peer comparison
Comparable to 'Refining Segment Revenue' at other integrated oil and gas firms.
Metric ID:
psx_segment_refining_sales_and_other_operating_revenuesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.68B | $20.21B | $20.93B | $24.09B | $32.91B | $29.90B | $25.82B | $22.34B | $23.01B | $25.74B | $24.92B | $22.13B | $23.10B | $21.00B | $18.74B | $15.88B | $18.69B | $19.34B | $21.00B | $22.53B |
| QoQ Change | — | +8.2% | +3.6% | +15.1% | +36.6% | -9.1% | -13.7% | -13.5% | +3.0% | +11.9% | -3.2% | -11.2% | +4.4% | -9.1% | -10.8% | -15.3% | +17.8% | +3.4% | +8.6% | +7.3% |
| YoY Change | — | — | — | — | +76.2% | +48.0% | +23.4% | -7.3% | -30.1% | -13.9% | -3.5% | -0.9% | +0.4% | -18.4% | -24.8% | -28.3% | -19.1% | -7.9% | +12.1% | +41.9% |
Range$15.88B – $32.91B
CAGR+4.0%
Avg YoY Growth+3.0%
Median YoY Growth-5.4%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Phillips 66's refining — sales and other operating revenues?
- Phillips 66 (PSX) reported refining — sales and other operating revenues of $22.53B in Q1 2026.
- How has Phillips 66's refining — sales and other operating revenues changed year-over-year?
- Phillips 66's refining — sales and other operating revenues increased by 41.9% year-over-year, from $15.88B to $22.53B.
- What is the long-term trend for Phillips 66's refining — sales and other operating revenues?
- Over 4 years (2021 to 2025), Phillips 66's refining — sales and other operating revenues has grown at a 0.0% compound annual growth rate (CAGR), from $74.87B to $74.90B.
- What does refining — sales and other operating revenues mean?
- Total revenue earned from refining operations and product sales.