Other

Software obligations

Phillips 66 Software obligations increased by 100.0% to $34.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $17.00M to $34.00M. Over 4 years (FY 2021 to FY 2025), Software obligations shows an upward trend with a 20.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

An increase suggests rising investment in digital transformation or operational efficiency tools.

Detailed definition

This represents contractual commitments related to software licensing, cloud services, or digital infrastructure mainten...

Peer comparison

Varies by industry; energy companies are increasingly reporting these as they modernize operational technology.

Metric ID: other_software_obligations

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$16.00M$20.00M$13.00M$17.00M$34.00M
QoQ Change—+25.0%-35.0%+30.8%+100.0%
YoY Change—+25.0%-35.0%+30.8%+100.0%
Range$13.00M – $34.00M
CAGR+112.5%
Avg YoY Growth+30.2%
Median YoY Growth+27.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Phillips 66's software obligations?
Phillips 66 (PSX) reported software obligations of $34.00M in Q4 2025.
How has Phillips 66's software obligations changed year-over-year?
Phillips 66's software obligations increased by 100.0% year-over-year, from $17.00M to $34.00M.
What is the long-term trend for Phillips 66's software obligations?
Over 4 years (2021 to 2025), Phillips 66's software obligations has grown at a 20.7% compound annual growth rate (CAGR), from $16.00M to $34.00M.
What does software obligations mean?
Contractual financial commitments for software and digital service agreements.