Phillips 66 (PSX) Tax Provisions (2011 - 2026)

Phillips 66 has reported Tax Provisions for 16 years, with the latest figure at $41.0 million in Q1 2026.

• For the quarter ending Q1 2026, Tax Provisions fell 66.39% year-over-year to $41.0 million; the trailing twelve-month figure through Mar 2026 stood at $811.0 million (up 93.56% YoY), and the FY2025 full-year result was $892.0 million, up 78.4% from the prior year.
• Tax Provisions for Q1 2026 stood at $41.0 million, down from $526.0 million in the prior quarter.
• The five-year high for Tax Provisions was $1.6 billion in Q3 2022, with the low at -$38.0 million in Q4 2024.
• Historically, Tax Provisions has averaged $406.5 million across 5 years, with a median of $291.0 million in 2024.
• Annual changes were most pronounced in 2022 — Tax Provisions surged 4145.0% — and 2024, when it sank 107.98%.
• Phillips 66's Tax Provisions stood at $535.0 million in 2022, then slipped by 11.03% to $476.0 million in 2023, then slumped by 107.98% to -$38.0 million in 2024, then jumped by 1484.21% to $526.0 million in 2025, then plunged by 92.21% to $41.0 million in 2026.
• The last three Tax Provisions figures came in at $41.0 million (Q1 2026), $526.0 million (Q4 2025), and $32.0 million (Q3 2025), per Business Quant data.