Phillips 66 (PSX) Operating Income (2012 - 2026)
Phillips 66's (PSX) quarterly Operating Income came in at -$29.0 billion in Q1 2026, down 1175.59% YoY from $2.7 billion in Q1 2025, and down 1013.69% on a QoQ basis from -$2.6 billion in Q4 2025.
Phillips 66 (PSX) Operating Income (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has 15 years of Operating Income data on file, last reported at -$29.0 billion in Q1 2026.
- Quarterly Operating Income fell 1175.59% year-over-year to -$29.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$89.5 billion (up 31.05% YoY) and the FY2025 annual result came in at -$5.2 billion, up 95.92% from the prior year.
- Operating Income eased to -$29.0 billion in Q1 2026, from -$2.6 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $110.6 billion in Q4 2022 to a low of -$125.6 billion in Q4 2024.
- A 5-year average of -$21.5 billion and a median of -$28.0 billion in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income surged 499.79% — and 2025, when it plunged 3084.17%.
- Tracing PSX's Operating Income over 5 years: stood at $110.6 billion in 2022, then tumbled by 210.49% to -$122.2 billion in 2023, then dropped by 2.8% to -$125.6 billion in 2024, then soared by 97.93% to -$2.6 billion in 2025, then plunged by 1013.69% to -$29.0 billion in 2026.
- The last three Operating Income figures came in at -$29.0 billion (Q1 2026), -$2.6 billion (Q4 2025), and -$30.0 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.66 Bn | 87.89 Bn | 9.27 Bn | 7.32 Bn |
| 2 | Valero Energy | 94.75 Bn | 86.88 Bn | 5.47 Bn | 5.20 Bn |
| 3 | Phillips 66 | 89.01 Bn | 84.91 Bn | 8.38 Bn | -38.69 Bn |
| 4 | HF Sinclair | 15.53 Bn | 13.27 Bn | 1.57 Bn | 1.17 Bn |
| 5 | Sunoco | 10.05 Bn | 9.28 Bn | 1.46 Bn | 583.00 Mn |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 1.27 Bn |
| 7 | Cosan | 6.54 Bn | 1.43 Bn | 552.94 Mn | 568.77 Mn |
| 8 | Ultrapar Holdings | 6.44 Bn | 4.72 Bn | 603.08 Mn | 727.72 Mn |
| 9 | Icahn Enterprises | 5.02 Bn | 3.05 Bn | 198.00 Mn | -3.16 Bn |
| 10 | Delek US Holdings | 3.90 Bn | 3.27 Bn | 365.10 Mn | 302.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -38.69 Bn |
| Mar 31, 2026 | -28.96 Bn |
| Dec 31, 2025 | -2.60 Bn |
| Sep 30, 2025 | -30.02 Bn |
| Jun 30, 2025 | -27.96 Bn |
| Mar 31, 2025 | -2.27 Bn |
| Dec 31, 2024 | -125.62 Bn |
| Sep 30, 2024 | -1.09 Bn |
| Jun 30, 2024 | -878.00 Mn |
| Mar 31, 2024 | -31.42 Bn |
| Dec 31, 2023 | -122.20 Bn |
| Sep 30, 2023 | 501.00 Mn |
| Jun 30, 2023 | -28.98 Bn |
| Mar 31, 2023 | 1.07 Bn |
| Dec 31, 2022 | 110.59 Bn |
| Sep 30, 2022 | -35.30 Bn |
| Jun 30, 2022 | -39.27 Bn |
| Mar 31, 2022 | -1.06 Bn |
| Dec 31, 2021 | -27.66 Bn |
| Sep 30, 2021 | -1.95 Bn |