Refined Petroleum Products & Renewable Fuels was Phillips 66’s largest product and service line in fiscal 2025, bringing in $97.36B of $132.38B (74%).
| Product and Service | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Refind Products | — | — | — | ||||||||||
| Refined Petroleum Products | — | — | — | ||||||||||
| Refined Products | — | — | — | ||||||||||
| Refined Petroleum Products & Renewable Fuels | $108.64B | $103.69B | $97.36B | ||||||||||
| Crude Oil Resales | $20.82B | $22.01B | $15.18B | ||||||||||
| Crude Oil | — | — | — | ||||||||||
| Ngl & Natural Gas | $14.47B | $14.55B | $17.07B | ||||||||||
| Ngl | — | — | — | ||||||||||
| Natural Gas Liquids | — | — | — | ||||||||||
| Services & Other | $3.46B | $2.91B | $2.77B | ||||||||||
| Other | — | — | — | ||||||||||
| Other Income | — | — | — | ||||||||||
| Total | $147.40B | $143.15B | $132.38B |
Phillips 66 brought in $132.38B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 7.5% from $143.15B in fiscal 2024. Refined Petroleum Products & Renewable Fuels was the largest at $97.36B (73.5%), ahead of Ngl & Natural Gas at $17.07B (12.9%) and Crude Oil Resales at $15.18B (11.5%). The remaining line, Services & Other, brought in $2.77B.
Compared with fiscal 2024, Ngl & Natural Gas grew fastest, up 17.3% to $17.07B, while Crude Oil Resales fell the most, down 31.0% to $15.18B. From fiscal 2023 to 2025, combined revenue from these lines fell from $147.40B to $132.38B, a compound annual decline of 5.2%. Refined Petroleum Products & Renewable Fuels' share held steady at about 73.5%.
Refining was Phillips 66’s largest segment in fiscal 2025, bringing in $48.03B of $77.54B (62%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R & M | — | — | — | — | ||||||||||||
| Marketing & Specialties | — | — | — | — | ||||||||||||
| Ms | $2.14B | $98.93B | $92.45B | $2.16B | ||||||||||||
| Refining | $110.04B | — | — | $48.03B | ||||||||||||
| Midstream | $16.19B | $18.60B | $18.79B | $21.18B | ||||||||||||
| Renewable Fuels | $3.44B | $4.95B | $5.56B | $6.18B | ||||||||||||
| Corporate & Other | — | — | — | — | ||||||||||||
| Chemicals | — | — | — | — | ||||||||||||
| Total | $131.81B | $122.48B | $116.80B | $77.54B |
Phillips 66 brought in $77.54B from its four segments in fiscal 2025, the year ended December 31, 2025. That is less than the $132.38B it reports by product and service, so these segments do not cover all of its revenue. Refining was the largest at $48.03B (61.9%), ahead of Midstream at $21.18B (27.3%) and Renewable Fuels at $6.18B (8.0%). The remaining segment, Ms, brought in $2.16B.
Compared with fiscal 2024, Midstream grew fastest, up 12.7% to $21.18B, while Ms fell the most, down 97.7% to $2.16B. Some of that change comes from Phillips 66 regrouping its segments.
United States was Phillips 66’s largest region in fiscal 2025, bringing in $104.26B of $132.38B (79%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $118.79B | $113.60B | $104.26B | ||||||||||
| United Kingdom | $14.64B | $12.71B | $13.21B | ||||||||||
| Other Countries | $8.42B | $11.58B | $9.92B | ||||||||||
| Other Foreign Countries | — | — | — | ||||||||||
| Germany | $5.55B | $5.27B | $4.99B | ||||||||||
| Total | $147.40B | $143.15B | $132.38B |
Phillips 66 brought in $132.38B from its four regions in fiscal 2025, the year ended December 31, 2025. That was down 7.5% from $143.15B in fiscal 2024. United States was the largest at $104.26B (78.8%), ahead of United Kingdom at $13.21B (10.0%) and Other Countries at $9.92B (7.5%). The remaining region, Germany, brought in $4.99B.
Compared with fiscal 2024, United Kingdom grew fastest, up 3.9% to $13.21B, while Other Countries fell the most, down 14.3% to $9.92B. From fiscal 2023 to 2025, combined revenue from these regions fell from $147.40B to $132.38B, a compound annual decline of 5.2%. United States' share of the total fell from 80.6% to 78.8%.
Phillips 66 (PSX) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Refined Petroleum Products & Renewable Fuels was its largest product and service line, bringing in $97.36B (73.5% of the total), followed by Ngl & Natural Gas at $17.07B (12.9%).
Refined Petroleum Products & Renewable Fuels was Phillips 66's largest product and service line in fiscal 2025, bringing in $97.36B, or 73.5% of the $132.38B total across its four product and service lines.
Refining was Phillips 66's largest segment in fiscal 2025, bringing in $48.03B, or 61.9% of the $77.54B total across its four segments.
United States was Phillips 66's largest region in fiscal 2025, bringing in $104.26B, or 78.8% of the $132.38B total across its four regions.
Among Phillips 66's product and service lines that make up at least 2% of revenue, Ngl & Natural Gas grew fastest in fiscal 2025, up 17.3% from $14.55B to $17.07B.
Every figure comes from Phillips 66's annual financial filings, as reported. Each line keeps the name Phillips 66 gives it, and years follow its fiscal calendar.
Phillips 66's revenue by product and service goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.