Phillips 66 revenue by segment PSX

Annual Quarterly

Phillips 66 splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Marketing Speciality at $83.7 billion, 63% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Refined Petroleum Products And Renewable Fuels at $97.4 billion, 74% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2019 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	168,192	132,376	143,153	147,399	169,990	111,476	64,129	107,293	111,461	102,354	84,279
Operating segments
Marketing Speciality	104,460 +25.9% share 62.1%	83,740 -7.3% share 63.3%	90,318 -5.9% share 63.1%	95,931 -14.5% share 65.1%	112,169 +52.3% share 66.0%	73,654 +75.8% share 66.1%	41,892 -42.1% share 65.3%	71,360 -0.2% share 66.5%	71,515 share 64.2%	72,332 +1.1% share 70.7%	—
Refining	39,890 +44.3% share 23.7%	26,872 -22.8% share 20.3%	34,793 +1.6% share 24.3%	34,241 -17.7% share 23.2%	41,598 +43.6% share 24.5%	28,974 +60.7% share 26.0%	18,030 -28.5% share 28.1%	30,921 -8.5% share 28.8%	33,797 share 30.3%	25,210 -25.4% share 24.6%	—
Midstream	20,875 +14.1% share 12.4%	18,577 +16.0% share 14.0%	16,012 +1.5% share 11.2%	15,780 -2.5% share 10.7%	16,189 +83.7% share 9.5%	8,813 +111.1% share 7.9%	4,174 -12.6% share 6.5%	4,981 -18.6% share 4.6%	6,117 share 5.5%	4,778 -21.9% share 4.7%	—
Renewable Fuels	2,933 -2.3% share 1.7%	3,150 +57.9% share 2.4%	1,995 +41.3% share 1.4%	1,412 +46.6% share 1.0%	963 share 0.6%	—	—	—	—	—	—
Sales mix
Refined Petroleum Products And Renewable Fuels	126,111 +31.1% share 75.0%	97,359 -6.1% share 73.5%	103,685 -4.6% share 72.4%	108,644 -17.6% share 73.7%	131,798 +48.1% share 77.5%	89,020 +78.9% share 79.9%	49,768 -41.7% share 77.6%	87,902 -0.1% share 81.9%	87,967 share 78.9%	85,405 -2.9% share 83.4%	—
Natural Gas Liquids Reserves	18,807 +11.8% share 11.2%	17,066 +17.3% share 12.9%	14,548 +0.6% share 10.2%	14,467 -10.6% share 9.8%	16,174 +78.2% share 9.5%	9,074 +122.2% share 8.1%	4,084 -12.5% share 6.4%	4,814 -21.9% share 4.5%	6,161 share 5.5%	4,670 -24.2% share 4.6%	—
Crude Oil	22,816 +40.5% share 13.6%	15,183 -31.0% share 11.5%	22,008 +5.7% share 15.4%	20,824 +1.2% share 14.1%	20,574 +60.7% share 12.1%	12,801 +40.5% share 11.5%	9,114 -22.8% share 14.2%	14,125 -14.0% share 13.2%	16,419 share 14.7%	11,808 -28.1% share 11.5%	—
Other Product Line	458 -82.9% share 0.3%	2,768 -4.9% share 2.1%	2,912 -15.9% share 2.0%	3,464 +139.9% share 2.4%	1,444 +148.5% share 0.8%	581 -50.0% share 0.5%	1,163 +146.9% share 1.8%	452 -50.5% share 0.4%	914 share 0.8%	471 -48.5% share 0.5%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Petroleum Refining (SIC 2911)
Listed as: PSX (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Houston, TX
SEC filer status: Large accelerated filer
SEC CIK: 1534701

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All 19 Petroleum Refining companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.