Phillips 66 (PSX) Earnings History

7 quarters held3/7 transcripts analyzed2/35 figures attested
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PeriodRevenueYoYNet incomeEPS (dil.)Filed
Q2 2026$52.0B+55.3%$3.9B$9.55Aug 5, 2026
LATESTEarnings filing (8-K)10-QFiled Aug 5, 2026, 10:03 AM ET
Earnings call · Aug 5, 2026transcriptView originalprepared remarksQ&Awebcast
Q2 FY26YoY6M FY26
Revenue$52.0B+55.3%–
Net income$3.9B1+2222.8%$4.1B
Op income$5.0B+343.8%–
EPS (dil.)$9.55+2884.4%–
EPS (basic)$9.59+346.1%–
Net margin7.5%+7.0pp
  1. [1] “Net Income 219 3,879” view source

Guidance & outlook

Call guidance

Q2 2026
MetricValuePeriodSpecificityvs Prior
net_debtless than $16 billionend of this yeartight_rangeNew
net_debtaround about 13.5 billionnext targetpointNew
net_debt14 to 14.5 billionnext targettight_rangeNew
utilization_ratelow 90sthird quarterdirectionalNew
utilization_ratemid-90sthird quarterdirectionalNew
turnaround_expense$100-120 millionthird quartertight_rangeNew
corporate_and_other_costs$325-350 millionthird quartertight_rangeNew
capture_rateabout 95%third quarterpointNew
operating_cost$5.50 a barrelannualized goal for 2027pointNew
midstream_earnings_powerfour and a half billion dollar run rateby the end of 27pointNew
chemical_earnings_power500 millionby the end of 27pointNew
midstream_earnings_powerfour and a half billionannualized run rate by year end 27pointNew

Special items & operational metrics

Operational metrics

Q2 2026
Chemicals Global O&P Capacity Utilization (%)
91
-3.2% YoY
Prior year: 94
%
Crude Capacity Utilization
96
+1.1% YoY
Prior year: 95
%
NGL Fractionated (MBD)
1.0K
+4.1% YoY
Prior year: 980
MBD
Renewable Fuels Produced (MBD)
53
+32.5% YoY
Prior year: 40
MBD
Clean Product Yield
86
-1.1% YoY
Prior year: 87
%
NGL Pipeline Throughput - Y-Grade to Market (MBD)
943
+1.4% YoY
Prior year: 930
MBD
Realized Margin ($/BBL)
24.1
+138.2% YoY
Prior year: 10.1
$/BBL
Turnaround Expense
123
-30.9% YoY
Prior year: 178
millions
Q1 2026$33.0B+4.0%$207.0M$0.51Apr 29, 2026
Earnings filing (8-K)10-QFiled Apr 29, 2026, 9:36 AM ET
Earnings call · Apr 29, 2026transcriptView originalprepared remarksQ&Awebcast
Q1 FY26YoY
Revenue$33.0B+4.0%
Net income$207.0M1-57.5%
Op income$260.0M-59.9%
EPS (dil.)$0.51-56.8%
EPS (basic)$0.51-57.1%
Net margin0.6%-0.9pp
  1. [1] “Net Income Attributable to Phillips 66 | 207” view source
Q4 2025––$2.9B$7.17Feb 4, 2026
Earnings filing (8-K)10-KFiled Feb 4, 2026, 9:42 AM ET
Earnings call · Feb 4, 2026transcriptView originalwebcast
Q4 FY25YoYFY25
Revenue–––
Net income$2.9B+2087.2%$4.4B
Op income–––
EPS (dil.)$7.17+2140.6%–
EPS (basic)–––
Q3 2025––$133.0M$0.32Oct 29, 2025
Earnings filing (8-K)10-QFiled Oct 29, 2025, 9:36 AM ET
Earnings call · Oct 29, 2025transcriptView originalwebcast
Q3 FY25YoY9M FY25
Revenue–––
Net income$133.0M-84.8%$1.5B
Op income–––
EPS (dil.)$0.32-85.1%$3.66
EPS (basic)–––
Net margin0.0%-9.0pp
Q2 2025––$877.0M$2.15Jul 25, 2025
Earnings filing (8-K)10-QFiled Jul 25, 2025, 7:16 AM ET
Earnings call · Jul 25, 2025transcriptView originalwebcast
Q2 FY25YoY6M FY25
Revenue–––
Net income$877.0M-13.6%$1.4B
Op income–––
EPS (dil.)$2.15-9.7%$3.32
EPS (basic)–––
Q1 2025––$487.0M$1.18Apr 25, 2025
Earnings filing (8-K)10-QFiled Apr 25, 2025, 9:32 AM ET
Earnings call · Apr 25, 2025transcriptView originalwebcast
Q1 FY25YoY
Revenue––
Net income$487.0M+6087.5%
Op income––
EPS (dil.)$1.18+11700.0%
EPS (basic)––
Q4 2024––$8.0M$0.01Jan 31, 2025
Earnings filing (8-K)10-KFiled Jan 31, 2025, 9:36 AM ET
Earnings calltranscriptwebcast
Q4 FY24YoYFY24
Revenue–––
Net income$8.0M-99.4%$2.1B
Op income–––
EPS (dil.)$0.01-99.7%$4.99
EPS (basic)–––
Net margin0.0%-10.0pp

IR event calendar

Upcoming

No upcoming events scheduled.

Past
  • Investor Update - August 2026Aug 11, 2026, 6:00 AM
    document
  • Phillips 66 Second-Quarter 2026 Earnings Conference CallAug 5, 2026, 12:00 PM
    webcastpresentationtranscriptwebcast
  • J.P. Morgan 2026 Energy, Power, Renewables & Mining ConferenceJun 23, 2026, 8:00 AM
    webcasttranscriptwebcast
  • Investor Update - June 2026Jun 1, 2026
    document
  • 2026 Annual Shareholder MeetingMay 13, 2026, 9:00 AM
    webcastwebcast
  • Phillips 66 First-Quarter 2026 Earnings Conference CallApr 29, 2026, 12:00 PM
    webcastpresentationtranscriptwebcast

+63 more

IR event calendar last checked 2026-08-15 19:00:04+00; events announced since are not shown.

Filing coverage

67 filings indexed · 90,847 XBRL facts
FilingDatePeriodSectionsTables
10-Q2026-08-05–3578
8-K2026-08-05Q2 2026100
8-K2026-05-14–10
8-K2026-04-29Q1 2026100
10-Q2026-04-29–3566
8-K2026-04-06Q1 202650
DEF 14A2026-04-02–120
8-K2026-03-18–10
8-K2026-03-09–10
10-K2026-02-20–59123

Showing the latest 10 of 67 — the full set is in the API.

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