Revenue

Total Revenue

Phillips 66 Total Revenue decreased by 4.6% to $32.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $30.43B to $32.54B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.

Detailed definition

The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...

Peer comparison

Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.

Metric ID: total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$27.00B$30.24B$32.60B$36.18B$48.58B$44.96B$40.28B$34.40B$35.09B$39.64B$38.27B$35.81B$38.13B$35.53B$33.69B$30.43B$33.32B$34.52B$34.11B$32.54B
QoQ Change+12.0%+7.8%+11.0%+34.3%-7.5%-10.4%-14.6%+2.0%+13.0%-3.5%-6.4%+6.5%-6.8%-5.2%-9.7%+9.5%+3.6%-1.2%-4.6%
YoY Change+79.9%+48.6%+23.5%-4.9%-27.8%-11.8%-5.0%+4.1%+8.7%-10.4%-12.0%-15.0%-12.6%-2.9%+1.3%+6.9%
Range$27.00B$48.58B
CAGR+4.0%
Avg YoY Growth+4.4%
Median YoY Growth-3.9%
Current Streak2 quarters decline

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Refined petroleum products and renewable fuels$28.07B$25.63B$22.25B$24.21B$25.52B$25.38B$24.88B
Natural Gas Liquids Reserves$3.58B$3.48B$4.15B$4.51B$4.08B$4.09B$4.40B$4.54B
Crude Oil$5.91B$5.78B$4.75B$3.10B$4.15B$4.24B$3.69B$4.32B
Other Product Line$570.00M$641.00M$541.00M$573.00M$885.00M$676.00M$634.00M-$1.20B
Total$38.13B$35.53B$33.69B$30.43B$33.32B$34.52B$34.11B$32.54B

Refinedproducts was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Refining$23.10B$21.00B$18.74B$15.88B$18.69B$19.34B$21.00B$22.53B
Midstream$4.35B$4.43B$5.17B$5.46B$5.06B$5.08B$5.59B$5.52B
Renewable Fuels$1.50B$1.34B$1.58B$1.51B$1.62B$1.61B$1.44B$1.55B
Chemicals$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Marketing And Specialties$25.53B$22.92B
Total$38.13B$35.53B$33.69B$30.43B$33.32B$34.52B$34.11B$32.54B

Corporate And Other is derived from annual filings.

Corporate And Other, Marketing And Specialties were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Geographical Areas$3.09B$3.33B$2.92B$2.09B$2.60B$2.80B$2.42B$2.27B
Total$38.13B$35.53B$33.69B$30.43B$33.32B$34.52B$34.11B$32.54B

Frequently Asked Questions

What is Phillips 66's total revenue?
Phillips 66 (PSX) reported total revenue of $32.54B in Q1 2026.
How has Phillips 66's total revenue changed year-over-year?
Phillips 66's total revenue increased by 6.9% year-over-year, from $30.43B to $32.54B.
What is the long-term trend for Phillips 66's total revenue?
Over 4 years (2021 to 2025), Phillips 66's total revenue has grown at a 4.4% compound annual growth rate (CAGR), from $111.48B to $132.38B.
What does total revenue mean?
The total amount of money a company brings in from selling its products and services.