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Phillips 66 PSX Net Income

Net Income at other companies

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-$27.23M-120%
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-$5.23M-37.4%
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-$5.23M-37.4%
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-$2.54M+49.6%

Other financials

Income statement

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Revenue$51.0B+53.1%
Gross profit$7.3B+72.9%
EPS (diluted)$9.55+344%

Balance sheet

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Cash & equivalents$4.1B+290%
Total debt$20.6B
Total equity$31.5B+14.6%
Total assets$81.8B+7.7%

Cash flow

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Operating cash flow$7.3B+759%

Valuation

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Market cap$96.65B+80.3%
Enterprise value$113.12B
P/E13.6×-17.6×
P/S0.6×+0.2×

Profitability

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Gross margin13.1%+3.1pp
Net margin4.7%+3.4pp

Returns & leverage

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Return on equity24%+18.0pp
Debt / equity0.7×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Phillips 66’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534701-26-000032
Line itemMillions of Dollars / Three Months Ended June 30 / 2026Millions of Dollars / 2025Millions of Dollars / Six Months Ended June 30 / 20262025
Income tax expense1,0922121,133334
Net Income3,8799084,0981,434
Less: net income attributable to noncontrolling interests32314470
Net Income Attributable to Phillips 66$3,8478774,0541,364
Net Income Attributable to Phillips 66 Per Share of Common Stock (dollars)
Basic$9.592.1510.093.33
Diluted9.552.1510.053.32
Weighted-Average Common Shares Outstanding (thousands)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Phillips 66's net income?
Phillips 66 (PSX) reported net income of $3.85B in Q2 2026.
How has Phillips 66's net income changed year-over-year?
Phillips 66's net income increased by 338.7% year-over-year, from $877M to $3.85B.
What is the long-term trend for Phillips 66's net income?
Over 4 years (2021 to 2025), Phillips 66's net income has grown at a 35.2% compound annual growth rate (CAGR), from $1.32B to $4.4B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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