Phillips 66 (PSX) Cost of Revenue (2012 - 2026)
Phillips 66's (PSX) quarterly Cost of Revenue came in at $29.2 billion in Q1 2026, up 1701.23% YoY from $1.6 billion in Q1 2025, and up 1463.19% on a QoQ basis from $1.9 billion in Q4 2025.
Analysis
Phillips 66 (PSX) Cost of Revenue (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has 15 years of Cost of Revenue data on file, last reported at $29.2 billion in Q1 2026.
- Quarterly Cost of Revenue rose 1701.23% year-over-year to $29.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $90.4 billion (down 30.55% YoY) and the FY2025 annual result came in at $6.4 billion, down 95.06% from the prior year.
- Cost of Revenue grew to $29.2 billion in Q1 2026, from $1.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $125.6 billion in Q4 2024 to a low of -$108.7 billion in Q4 2022.
- A 5-year average of $22.6 billion and a median of $29.1 billion in 2025 frame the typical range for Cost of Revenue.
- The widest YoY moves for Cost of Revenue: up 3214.41% in 2022, down 471.03% in 2022.
- Tracing PSX's Cost of Revenue over 5 years: stood at -$108.7 billion in 2022, then surged by 213.63% to $123.5 billion in 2023, then rose by 1.71% to $125.6 billion in 2024, then sank by 98.51% to $1.9 billion in 2025, then jumped by 1463.19% to $29.2 billion in 2026.
- The last three Cost of Revenue figures came in at $29.2 billion (Q1 2026), $1.9 billion (Q4 2025), and $30.2 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 113.02 Bn | 105.25 Bn | 9.27 Bn | 43.06 Bn |
| 2 | Valero Energy | 108.54 Bn | 100.66 Bn | 5.47 Bn | 39.01 Bn |
| 3 | Phillips 66 | 103.02 Bn | 98.92 Bn | 8.38 Bn | 43.66 Bn |
| 4 | HF Sinclair | 19.10 Bn | 16.84 Bn | 1.57 Bn | 8.82 Bn |
| 5 | Sunoco | 10.40 Bn | 9.63 Bn | 1.46 Bn | 12.80 Bn |
| 6 | PBF Energy | 8.90 Bn | 8.00 Bn | 1.15 Bn | 10.53 Bn |
| 7 | Ultrapar Holdings | 7.69 Bn | 5.58 Bn | 912.61 Mn | 7.29 Bn |
| 8 | Icahn Enterprises | 4.57 Bn | 2.60 Bn | 198.00 Mn | 2.88 Bn |
| 9 | Delek US Holdings | 4.33 Bn | 3.70 Bn | 365.10 Mn | 3.72 Bn |
| 10 | Cvr Energy | 4.29 Bn | 3.56 Bn | 117.00 Mn | 2.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.66 Bn |
| Mar 31, 2026 | 29.22 Bn |
| Dec 31, 2025 | 29.14 Bn |
| Sep 30, 2025 | 30.22 Bn |
| Jun 30, 2025 | 29.08 Bn |
| Mar 31, 2025 | 27.66 Bn |
| Dec 31, 2024 | 30.75 Bn |
| Sep 30, 2024 | 32.19 Bn |
| Jun 30, 2024 | 34.63 Bn |
| Mar 31, 2024 | 32.39 Bn |
| Dec 31, 2023 | 33.84 Bn |
| Sep 30, 2023 | 34.33 Bn |
| Jun 30, 2023 | 30.57 Bn |
| Mar 31, 2023 | 29.34 Bn |
| Dec 31, 2022 | 35.15 Bn |
| Sep 30, 2022 | 38.65 Bn |
| Jun 30, 2022 | 42.65 Bn |
| Mar 31, 2022 | 33.50 Bn |
| Dec 31, 2021 | 29.29 Bn |
| Sep 30, 2021 | 27.53 Bn |