Phillips 66 (PSX) Annual Income Statement

Annual · GAAP · USD millions
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Observing income statement movements over recent quarters helps explain how Phillips 66 adapts pricing, costs, and operating efficiency.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2025)
2025
(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax132,376.00
Total Revenue132,376.00
Costs & Expenses
Cost of Goods and Services Sold116,093.00
Gross Profit16,283.00
Selling, Administration, Marketing2,437.00
Depreciation & Amortization3,251.00
Restructuring, Accretion & Impairment Charges1,060.00
Total operating costs including COS122,841.00
Operating income / -loss9,535.00
Interest Expense1,039.00
Net Interest Expense / -Income1,039.00
Foreign Currency Transaction Gain (Loss), before Tax-1.00
Other loss/ -income-131,047.00
Total costs & expenses126,956.00
Income & Taxes
Income / -loss before income taxes5,420.00
Income taxes expenses / -benefit892.00
Income after income taxes4,528.00
Income / -loss from continuing operations4,528.00
Non-controlling interests125.00
Net income / -loss4,528.00
Income / -loss to shareholder4,394.00
EBIT6,459.00
EBITD9,710.00
EBITDA9,710.00
Earnings Per Share
Basic EPS (excl. extra items)10.82
Basic Net EPS10.82
Basic shares outstanding (Mill. of Units)406.01
Diluted Net EPS10.79
Diluted average shares (Mill. of Units)408.05
Dividend per share4.75
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About Phillips 66 Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 20, 2026
  • Original filing: psx-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.