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    PSX logo Phillips 66 +
    PSX logo
    Phillips 66
    +
    • Overview
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      • Revenue by Region
    • Financials
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    PSX logo Phillips 66 PSX + Follow
    • Revenue
    • Employees
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    Phillips 66's Revenue (2016 - 2025)

    • Phillips 66's annual revenue was $132.38 B in fiscal year 2025. The annual revenue decreased -$10.74 B from $143.12 B (in 2024) to $132.38 B (in 2025), representing a -7.51% year-over-year decline.

    • Phillips 66's quarterly revenue was $34.08 B in the quarter ending Mar 2026. The quarterly revenue increased $3.58 B from $30.50 B (in Q1: Dec 2025) to $34.08 B (in Q1: Dec 2026), representing a 11.74% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
    • The highest annual revenue for Phillips 66 was $170.12 B in fiscal year 2022.
    • The lowest annual revenue was $63.69 B in fiscal year 2020.
    • The average revenue was $114.81 B.

    • Learn more about Phillips 66's Revenue by Segment and Revenue by Region.

      Check out competitors to Phillips 66 in a side-by-side comparison.

      Explore additional financial metrics for Phillips 66.


      Definition of Revenue :
    • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
    Continue reading...

    Phillips 66's Revenue Trend

    2015 85033000000.00
    2016 71349000000.00
    2017 89547000000.00
    2018 111269000000.00
    2019 107443000000.00
    2020 63693000000.00
    2021 111944000000.00
    2022 170118000000.00
    2023 147262000000.00
    2024 143118000000.00
    2025 132376000000.00
    Mar 2016 17409000000.00
    Jun 2016 21849000000.00
    Sep 2016 18273000000.00
    Dec 2016 20418000000.00
    Mar 2017 19790000000.00
    Jun 2017 20748000000.00
    Sep 2017 21995000000.00
    Dec 2017 26502000000.00
    Mar 2018 23587000000.00
    Jun 2018 29117000000.00
    Sep 2018 29886000000.00
    Dec 2018 28679000000.00
    Mar 2019 23280000000.00
    Jun 2019 27830000000.00
    Sep 2019 27147000000.00
    Dec 2019 29186000000.00
    Mar 2020 20199000000.00
    Jun 2020 11093000000.00
    Sep 2020 15909000000.00
    Dec 2020 16492000000.00
    Mar 2021 21750000000.00
    Jun 2021 27195000000.00
    Sep 2021 30457000000.00
    Dec 2021 32542000000.00
    Mar 2022 36599000000.00
    Jun 2022 48712000000.00
    Sep 2022 44523000000.00
    Dec 2022 40284000000.00
    Mar 2023 34346000000.00
    Jun 2023 34880000000.00
    Sep 2023 39982000000.00
    Dec 2023 38054000000.00
    Mar 2024 36013000000.00
    Jun 2024 38100000000.00
    Sep 2024 35291000000.00
    Dec 2024 33714000000.00
    Mar 2025 30495000000.00
    Jun 2025 33323000000.00
    Sep 2025 34979000000.00
    Dec 2025 34108000000.00
    Mar 2026 34076000000.00

    2025

    Phillips 66's annual revenue was $132.38 B in fiscal year 2025.

    Phillips 66's quarterly revenue was $30.50 B(Q1: Mar 2025), $33.32 B(Q2: Jun 2025), $34.98 B(Q3: Sep 2025), $34.11 B(Q4: Dec 2025) in fiscal year 2025.

    2024

    Phillips 66's annual revenue was $143.12 B in fiscal year 2024.

    Phillips 66's quarterly revenue was $36.01 B(Q1: Mar 2024), $38.10 B(Q2: Jun 2024), $35.29 B(Q3: Sep 2024), $33.71 B(Q4: Dec 2024) in fiscal year 2024.

    2023

    Phillips 66's annual revenue was $147.26 B in fiscal year 2023.

    Phillips 66's quarterly revenue was $34.35 B(Q1: Mar 2023), $34.88 B(Q2: Jun 2023), $39.98 B(Q3: Sep 2023), $38.05 B(Q4: Dec 2023) in fiscal year 2023.

    2022

    Phillips 66's annual revenue was $170.12 B in fiscal year 2022.

    Phillips 66's quarterly revenue was $36.60 B(Q1: Mar 2022), $48.71 B(Q2: Jun 2022), $44.52 B(Q3: Sep 2022), $40.28 B(Q4: Dec 2022) in fiscal year 2022.

    2021

    Phillips 66's annual revenue was $111.94 B in fiscal year 2021.

    Phillips 66's quarterly revenue was $21.75 B(Q1: Mar 2021), $27.20 B(Q2: Jun 2021), $30.46 B(Q3: Sep 2021), $32.54 B(Q4: Dec 2021) in fiscal year 2021.

    2020

    Phillips 66's annual revenue was $63.69 B in fiscal year 2020.

    Phillips 66's quarterly revenue was $20.20 B(Q1: Mar 2020), $11.09 B(Q2: Jun 2020), $15.91 B(Q3: Sep 2020), $16.49 B(Q4: Dec 2020) in fiscal year 2020.

    2019

    Phillips 66's annual revenue was $107.44 B in fiscal year 2019.

    Phillips 66's quarterly revenue was $23.28 B(Q1: Mar 2019), $27.83 B(Q2: Jun 2019), $27.15 B(Q3: Sep 2019), $29.19 B(Q4: Dec 2019) in fiscal year 2019.

    2018

    Phillips 66's annual revenue was $111.27 B in fiscal year 2018.

    Phillips 66's quarterly revenue was $23.59 B(Q1: Mar 2018), $29.12 B(Q2: Jun 2018), $29.89 B(Q3: Sep 2018), $28.68 B(Q4: Dec 2018) in fiscal year 2018.

    2017

    Phillips 66's annual revenue was $89.55 B in fiscal year 2017.

    Phillips 66's quarterly revenue was $19.79 B(Q1: Mar 2017), $20.75 B(Q2: Jun 2017), $22.00 B(Q3: Sep 2017), $26.50 B(Q4: Dec 2017) in fiscal year 2017.

    2016

    Phillips 66's annual revenue was $71.35 B in fiscal year 2016.

    Phillips 66's quarterly revenue was $17.41 B(Q1: Mar 2016), $21.85 B(Q2: Jun 2016), $18.27 B(Q3: Sep 2016), $20.42 B(Q4: Dec 2016) in fiscal year 2016.

    Continue reading...

    Phillips 66's Revenue (Year-over-Year Change)

    2015 0
    2016 -16.09
    2017 +25.51
    2018 +24.26
    2019 -3.44
    2020 -40.72
    2021 +75.76
    2022 +51.97
    2023 -13.44
    2024 -2.81
    2025 -7.51
    Q1: Mar 16 -23.57
    Q2: Jun 16 -23.37
    Q3: Sep 16 -29.15
    Q4: Dec 16 -6.74
    Q1: Mar 17 13.68
    Q2: Jun 17 -5.04
    Q3: Sep 17 20.37
    Q4: Dec 17 29.80
    Q1: Mar 18 19.19
    Q2: Jun 18 40.34
    Q3: Sep 18 35.88
    Q4: Dec 18 8.21
    Q1: Mar 19 -1.30
    Q2: Jun 19 -4.42
    Q3: Sep 19 -9.16
    Q4: Dec 19 1.77
    Q1: Mar 20 -13.23
    Q2: Jun 20 -60.14
    Q3: Sep 20 -41.40
    Q4: Dec 20 -43.49
    Q1: Mar 21 7.68
    Q2: Jun 21 145.15
    Q3: Sep 21 91.45
    Q4: Dec 21 97.32
    Q1: Mar 22 68.27
    Q2: Jun 22 79.12
    Q3: Sep 22 46.18
    Q4: Dec 22 23.79
    Q1: Mar 23 -6.16
    Q2: Jun 23 -28.40
    Q3: Sep 23 -10.20
    Q4: Dec 23 -5.54
    Q1: Mar 24 4.85
    Q2: Jun 24 9.23
    Q3: Sep 24 -11.73
    Q4: Dec 24 -11.40
    Q1: Mar 25 -15.32
    Q2: Jun 25 -12.54
    Q3: Sep 25 -0.88
    Q4: Dec 25 1.17
    Q1: Mar 26 11.74

    2025

    Phillips 66’s annual revenue decreased -7.51% during fiscal year 2025 compared to 2024. It represents a decline of $10.74 B from $143.12 B (in 2024) to $132.38 B (in 2025).

    2024

    Phillips 66’s annual revenue decreased -2.81% during fiscal year 2024 compared to 2023. It represents a decline of $4.14 B from $147.26 B (in 2023) to $143.12 B (in 2024).

    2023

    Phillips 66’s annual revenue decreased -13.44% during fiscal year 2023 compared to 2022. It represents a decline of $22.86 B from $170.12 B (in 2022) to $147.26 B (in 2023).

    2022

    Phillips 66’s annual revenue increased +51.97% during fiscal year 2022 compared to 2021. It represents a growth of $58.17 B from $111.94 B (in 2021) to $170.12 B (in 2022).

    2021

    Phillips 66’s annual revenue increased +75.76% during fiscal year 2021 compared to 2020. It represents a growth of $48.25 B from $63.69 B (in 2020) to $111.94 B (in 2021).

    2020

    Phillips 66’s annual revenue decreased -40.72% during fiscal year 2020 compared to 2019. It represents a decline of $43.75 B from $107.44 B (in 2019) to $63.69 B (in 2020).

    2019

    Phillips 66’s annual revenue decreased -3.44% during fiscal year 2019 compared to 2018. It represents a decline of $3.83 B from $111.27 B (in 2018) to $107.44 B (in 2019).

    2018

    Phillips 66’s annual revenue increased +24.26% during fiscal year 2018 compared to 2017. It represents a growth of $21.72 B from $89.55 B (in 2017) to $111.27 B (in 2018).

    2017

    Phillips 66’s annual revenue increased +25.51% during fiscal year 2017 compared to 2016. It represents a growth of $18.20 B from $71.35 B (in 2016) to $89.55 B (in 2017).

    2016

    Phillips 66’s annual revenue decreased -16.09% during fiscal year 2016 compared to 2015. It represents a decline of $13.68 B from $85.03 B (in 2015) to $71.35 B (in 2016).

    Continue reading...

    Phillips 66 Revenue History

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    Period Revenue Year-over-Year Change

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    FY 2025
    $132.38 B -$10.74 B 7.51%
    Q4: Dec 25 $34.11 B $394.00 M 1.17%
    Q3: Sep 25 $34.98 B -$312.00 M 0.88%
    Q2: Jun 25 $33.32 B -$4.78 B 12.54%
    Q1: Mar 25 $30.50 B -$5.52 B 15.32%

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    FY 2024
    $143.12 B -$4.14 B 2.81%
    Q4: Dec 24 $33.71 B -$4.34 B 11.4%
    Q3: Sep 24 $35.29 B -$4.69 B 11.73%
    Q2: Jun 24 $38.10 B $3.22 B 9.23%
    Q1: Mar 24 $36.01 B $1.67 B 4.85%

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    FY 2023
    $147.26 B -$22.86 B 13.44%
    Q4: Dec 23 $38.05 B -$2.23 B 5.54%
    Q3: Sep 23 $39.98 B -$4.54 B 10.2%
    Q2: Jun 23 $34.88 B -$13.83 B 28.4%
    Q1: Mar 23 $34.35 B -$2.25 B 6.16%

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    FY 2022
    $170.12 B $58.17 B 51.97%
    Q4: Dec 22 $40.28 B $7.74 B 23.79%
    Q3: Sep 22 $44.52 B $14.07 B 46.18%
    Q2: Jun 22 $48.71 B $21.52 B 79.12%
    Q1: Mar 22 $36.60 B $14.85 B 68.27%

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    FY 2021
    $111.94 B $48.25 B 75.76%
    Q4: Dec 21 $32.54 B $16.05 B 97.32%
    Q3: Sep 21 $30.46 B $14.55 B 91.45%
    Q2: Jun 21 $27.20 B $16.10 B 145.15%
    Q1: Mar 21 $21.75 B $1.55 B 7.68%

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    FY 2020
    $63.69 B -$43.75 B 40.72%
    Q4: Dec 20 $16.49 B -$12.69 B 43.49%
    Q3: Sep 20 $15.91 B -$11.24 B 41.4%
    Q2: Jun 20 $11.09 B -$16.74 B 60.14%
    Q1: Mar 20 $20.20 B -$3.08 B 13.23%

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    FY 2019
    $107.44 B -$3.83 B 3.44%
    Q4: Dec 19 $29.19 B $507.00 M 1.77%
    Q3: Sep 19 $27.15 B -$2.74 B 9.16%
    Q2: Jun 19 $27.83 B -$1.29 B 4.42%
    Q1: Mar 19 $23.28 B -$307.00 M 1.3%

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    FY 2018
    $111.27 B $21.72 B 24.26%
    Q4: Dec 18 $28.68 B $2.18 B 8.21%
    Q3: Sep 18 $29.89 B $7.89 B 35.88%
    Q2: Jun 18 $29.12 B $8.37 B 40.34%
    Q1: Mar 18 $23.59 B $3.80 B 19.19%

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    FY 2017
    $89.55 B $18.20 B 25.51%
    Q4: Dec 17 $26.50 B $6.08 B 29.8%
    Q3: Sep 17 $22.00 B $3.72 B 20.37%
    Q2: Jun 17 $20.75 B -$1.10 B 5.04%
    Q1: Mar 17 $19.79 B $2.38 B 13.68%

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    FY 2016
    $71.35 B -$13.68 B 16.09%
    Q4: Dec 16 $20.42 B -$1.48 B 6.74%
    Q3: Sep 16 $18.27 B -$7.52 B 29.15%
    Q2: Jun 16 $21.85 B -$6.66 B 23.37%
    Q1: Mar 16 $17.41 B -$5.37 B 23.57%

    Frequently Asked Questions

    What is the annual revenue of Phillips 66?

    In fiscal year 2025, Phillips 66's revenue was $132.38 Billion.

    How much did Phillips 66's revenue change in the last year?

    Phillips 66's revenue decreased by -7.51% (-$10.74 Billion) in 2025 compared to 2024.

    What is Phillips 66's most recent quarterly revenue?

    In the first quarter (Q1) of 2026, Phillips 66 reported a revenue of $34.08 Billion.

    What is Phillips 66's revenue per share (TTM)?

    Phillips 66's revenue per share over the trailing twelve months is $337.71.

    What is Phillips 66's revenue per employee?

    In the fiscal year 2025, Phillips 66's revenue per employee was $10.51 Million.

    What is the annual net income of Phillips 66?

    In fiscal year 2025, Phillips 66's net income was $4.40 Billion.

    What is Phillips 66's biggest product segment, and what is its revenue?

    Consolidation, Eliminations is Phillips 66's biggest product segment, generating $55.82 Billion in revenue for fiscal year 2025.

    What is Phillips 66's net income per employee?

    In the fiscal year 2025, Phillips 66's net income per employee was $349.44 K.

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