Phillips 66 (PSX) Cost of Revenue (2012 - 2026)

Phillips 66 has reported Cost of Revenue for 15 years, with the latest figure at $1.9 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 15.97% year-over-year to $1.9 billion; the trailing twelve-month figure through Mar 2026 stood at $172.7 billion (up 74.11% YoY), and the FY2025 full-year result was $116.1 billion, down 10.67% from the prior year.
• Cost of Revenue for Q1 2026 stood at $1.9 billion, down from $111.5 billion in the prior quarter.
• The five-year high for Cost of Revenue was $111.5 billion in Q4 2025, with the low at -$88.1 billion in Q4 2023.
• Historically, Cost of Revenue has averaged $17.8 billion across 5 years, with a median of $29.1 billion in 2025.
• Annual changes were most pronounced in 2023 — Cost of Revenue slumped 350.63% — and 2024, when it soared 2402.02%.
• Phillips 66's Cost of Revenue stood at $35.1 billion in 2022, then slumped by 350.63% to -$88.1 billion in 2023, then jumped by 134.91% to $30.8 billion in 2024, then jumped by 262.68% to $111.5 billion in 2025, then plunged by 98.31% to $1.9 billion in 2026.
• The last three Cost of Revenue figures came in at $1.9 billion (Q1 2026), $111.5 billion (Q4 2025), and $30.2 billion (Q3 2025), per Business Quant data.