Revenue
Total Revenue
Marathon Petroleum Total Revenue increased by 5.0% to $34.2B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $31.52B to $34.2B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 2.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates higher sales volume or improved pricing power, while a decrease suggests weakening demand or market share loss.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the ent...
Peer comparison
Standard across all industries; peers in the refining sector typically report this as Net Sales or Total Operating Revenues.
Metric ID:
total_revenueHistorical 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 | $29.62B | $32.32B | $35.34B | $38.06B | $53.8B | $45.79B | $39.81B | $34.86B | $36.34B | $40.92B | $36.26B | $32.71B | $37.91B | $35.11B | $33.14B | $31.52B | $33.8B | $34.81B | $32.57B | $34.2B |
| QoQ Change | — | +9.1% | +9.3% | +7.7% | +41.4% | -14.9% | -13.0% | -12.4% | +4.2% | +12.6% | -11.4% | -9.8% | +15.9% | -7.4% | -5.6% | -4.9% | +7.2% | +3.0% | -6.4% | +5.0% |
| YoY Change | — | — | — | — | +81.6% | +41.7% | +12.7% | -8.4% | -32.4% | -10.6% | -8.9% | -6.2% | +4.3% | -14.2% | -8.6% | -3.6% | -10.9% | -0.8% | -1.7% | +8.5% |
Range$29.62B – $53.8B
CAGR+3.1%
Avg YoY Growth+2.6%
Median YoY Growth-4.9%
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Refined products | $34.49B | $31.89B | $30.17B | $28.57B | $31.05B | $31.76B | $29.95B | $31.27B |
| Services and other | $1.33B | $1.39B | $1.38B | $1.38B | $1.33B | $1.46B | $1.38B | $1.28B |
| Total | $37.91B | $35.11B | $33.14B | $31.52B | $33.8B | $34.81B | $32.57B | $34.2B |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Refining & Marketing | $36.2B | $33.34B | $31.2B | $29.5B | $31.83B | $32.65B | $30.33B | $32.34B |
| Midstream | $2.71B | $2.8B | $2.86B | $2.91B | $2.81B | $2.93B | $2.88B | $2.82B |
| Renewable Diesel | — | — | — | $626M | $633M | $716M | $855M | $579M |
| Total | $37.91B | $35.11B | $33.14B | $31.52B | $33.8B | $34.81B | $32.57B | $34.2B |
Total Revenue at Other Companies
Frequently Asked Questions
- What is Marathon Petroleum's total revenue?
- Marathon Petroleum (MPC) reported total revenue of $34.2B in Q1 2026.
- How has Marathon Petroleum's total revenue changed year-over-year?
- Marathon Petroleum's total revenue increased by 8.5% year-over-year, from $31.52B to $34.2B.
- What is the long-term trend for Marathon Petroleum's total revenue?
- Over 4 years (2021 to 2025), Marathon Petroleum's total revenue has grown at a 2.6% compound annual growth rate (CAGR), from $119.98B to $132.7B.
- What does total revenue mean?
- The total amount of money brought in from sales of goods and services.