What is Phillips 66's midstream — other income?

Phillips 66 (PSX) reported midstream — other income of -$6M in Q2 2026.

How has Phillips 66's midstream — other income changed year-over-year?

Phillips 66's midstream — other income decreased by 300.0% year-over-year, from $3M to -$6M.

What is the long-term trend for Phillips 66's midstream — other income?

Over 2 years (2022 to 2024), Phillips 66's midstream — other income has grown at a -94.0% compound annual growth rate (CAGR), from $3.01B to $11M.

What does midstream — other income mean?

Miscellaneous income streams within the midstream segment that are not derived from core operating activities, such as interest income or minor non-operating gains. It provides a secondary source of earnings for the segment.

Phillips 66 (PSX) Midstream — Other income

Screener

Other segment segments

Renewable Fuels

$136M+209%

Refining

$81M+138%

M&S

$15M—

Marketing and Specialties

-$2M+33.3%

Chemicals

$0—

Similar metrics at other companies

MMIReportable Segment — Other income

-$4.19M+23.8%

POWISingle reportable segment — Other income

$2.33M-13.3%

MDUOther — Other income

-$805K+18.4%

ASSTCorporate & Other — Other income

$685K+197%

MDUElectric — Other income

$451K-54.5%

MDUPipeline — Other income

-$423K-238%

Other financials

Income statement

See full

Revenue$51.0B+53.1%

Gross profit$7.3B+72.9%

Net income$3.8B+339%

EPS (diluted)$9.55+344%

Balance sheet

See full

Cash & equivalents$4.1B+290%

Total debt$20.6B—

Total equity$31.5B+14.6%

Total assets$81.8B+7.7%

Cash flow

See full

Operating cash flow$7.3B+759%

Valuation

See full

Market cap$81.36B+70.1%

Enterprise value$97.83B—

P/E11.5×-16.4×

P/S0.5×+0.2×

Profitability

See full

Gross margin13.1%+3.1pp

Net margin4.7%+3.4pp

Returns & leverage

See full

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:NonoperatingIncomeExpense.

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 item	Millions of Dollars / Operating Segments / Midstream	Millions of Dollars / Operating Segments / Chemicals	Millions of Dollars / Operating Segments / Refining	Millions of Dollars / Operating Segments / M&S	Millions of Dollars / Operating Segments / Renewable Fuels	Millions of Dollars / Corporate and Other	Millions of Dollars / Consolidating Adjustments	Millions of Dollars / Total Consolidated
Total sales and other operating revenues	6,300	—	35,932	32,086	2,563	10	(25,887)	51,004
Equity in earnings (loss) of affiliates	99	403	(1)	135	(1)	—	—	635
Net gain on dispositions	—	—	—	110	—	7	—	117
Other income	(6)	—	81	(13)	136	90	—	288
Total Revenues and Other Income	6,393	403	36,012	32,318	2,698	107	(25,887)	52,044
Costs and Expenses
Purchased crude oil and products	4,639	—	31,453	31,354	2,074	—	(25,856)	43,664
Operating expenses*	568	1	1,144	22	79	27	(31)	1,810

Item 1. FINANCIAL STATEMENTS

FAQ

What is Phillips 66's midstream — other income?: Phillips 66 (PSX) reported midstream — other income of -$6M in Q2 2026.
How has Phillips 66's midstream — other income changed year-over-year?: Phillips 66's midstream — other income decreased by 300.0% year-over-year, from $3M to -$6M.
What is the long-term trend for Phillips 66's midstream — other income?: Over 2 years (2022 to 2024), Phillips 66's midstream — other income has grown at a -94.0% compound annual growth rate (CAGR), from $3.01B to $11M.
What does midstream — other income mean?: Miscellaneous income streams within the midstream segment that are not derived from core operating activities, such as interest income or minor non-operating gains. It provides a secondary source of earnings for the segment.