What is Phillips 66's refining — other income?

Phillips 66 (PSX) reported refining — other income of $81M in Q2 2026.

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

Phillips 66's refining — other income increased by 138.2% year-over-year, from $34M to $81M.

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

Over 2 years (2022 to 2025), Phillips 66's refining — other income has grown at a -3.6% compound annual growth rate (CAGR), from $43M to $40M.

What does refining — other income mean?

Miscellaneous income streams within the refining segment that are not derived from core product sales or equity earnings. This may include insurance recoveries, legal settlements, or minor service fees. It provides a catch-all for non-core financial inflows related to the segment.

Phillips 66 (PSX) Refining — Other income

Screener

Other segment segments

Renewable Fuels

$136M+209%

M&S

$15M—

Midstream

-$6M-300%

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 refining — other income?: Phillips 66 (PSX) reported refining — other income of $81M in Q2 2026.
How has Phillips 66's refining — other income changed year-over-year?: Phillips 66's refining — other income increased by 138.2% year-over-year, from $34M to $81M.
What is the long-term trend for Phillips 66's refining — other income?: Over 2 years (2022 to 2025), Phillips 66's refining — other income has grown at a -3.6% compound annual growth rate (CAGR), from $43M to $40M.
What does refining — other income mean?: Miscellaneous income streams within the refining segment that are not derived from core product sales or equity earnings. This may include insurance recoveries, legal settlements, or minor service fees. It provides a catch-all for non-core financial inflows related to the segment.