Phillips 66 (PSX) Operating Income (2012 - 2026)
Phillips 66's (PSX) quarterly Operating Income came in at -$38.7 billion in Q2 2026, down 38.4% on a YoY basis from -$62.8 billion in Q2 2025, and down 33.63% quarter-over-quarter from -$29.0 billion in Q1 2026.
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Analysis
Phillips 66 (PSX) Operating Income (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Operating Income for 15 consecutive years, with -$38.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 38.4% year-over-year to -$38.7 billion; the trailing twelve-month figure through Jun 2026 stood at -$123.4 billion (down 4.97% YoY), and the FY2025 full-year result was -$110.7 billion, up 13.05% from the prior year.
- Operating Income declined to -$38.7 billion in Q2 2026 per PSX's latest filing, from -$29.0 billion in the prior quarter.
- Across five years, Operating Income topped out at -$25.7 billion in Q4 2025 and bottomed at -$38.7 billion in Q2 2026.
- Historically, Operating Income has averaged -$31.1 billion across 5 years, with a median of -$31.5 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Income plunged 56.78% in 2022, then grew 26.5% in 2023.
- Over 5 years, Operating Income stood at -$32.6 billion in 2022, then grew by 1.58% to -$32.1 billion in 2023, then rose by 4.1% to -$30.8 billion in 2024, then climbed by 16.52% to -$25.7 billion in 2025, then slumped by 50.65% to -$38.7 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$38.7 billion, -$29.0 billion, and -$25.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | -19.92 Bn |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 27.11 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | -22.98 Bn |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 25.94 Bn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 8.73 Bn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 17.48 Bn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 3.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -38.69 Bn |
| Mar 31, 2026 | -28.96 Bn |
| Dec 31, 2025 | -25.68 Bn |
| Sep 30, 2025 | -30.02 Bn |
| Jun 30, 2025 | -27.96 Bn |
| Mar 31, 2025 | -27.01 Bn |
| Dec 31, 2024 | -30.77 Bn |
| Sep 30, 2024 | -31.78 Bn |
| Jun 30, 2024 | -33.32 Bn |
| Mar 31, 2024 | -31.42 Bn |
| Dec 31, 2023 | -32.08 Bn |
| Sep 30, 2023 | -31.52 Bn |
| Jun 30, 2023 | -28.33 Bn |
| Mar 31, 2023 | -26.69 Bn |
| Dec 31, 2022 | -32.60 Bn |
| Sep 30, 2022 | -31.49 Bn |
| Jun 30, 2022 | -38.54 Bn |
| Mar 31, 2022 | -32.67 Bn |
| Dec 31, 2021 | -27.66 Bn |
| Sep 30, 2021 | -27.08 Bn |
API Access
Phillips 66 Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();