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Phillips 66 PSX Total Cost of Revenue

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Segments

By segment

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Refining$20.73B+38.0%
M&S$19.05B
Midstream$4.11B+0.5%
Renewable Fuels$1.5B-2.5%
Chemicals$0

Other financials

Income statement

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Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

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Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

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Operating cash flow-$2.3B-1,311%

Valuation

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Market cap$68.86B+35.5%
P/E16.7×-10.7×
P/S0.5×+0.1×

Profitability

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Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

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Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's total cost of revenue?
Phillips 66 (PSX) reported total cost of revenue of $29.22B in Q1 2026.
How has Phillips 66's total cost of revenue changed year-over-year?
Phillips 66's total cost of revenue increased by 5.6% year-over-year, from $27.66B to $29.22B.
What is the long-term trend for Phillips 66's total cost of revenue?
Over 4 years (2021 to 2025), Phillips 66's total cost of revenue has grown at a 3.3% compound annual growth rate (CAGR), from $102.1B to $116.09B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.