Phillips 66 (PSX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	169.6B	132.2B	143.1B	147.3B	170.1B
Cost of Revenue	148.7B	125.7B	138.3B	136.0B	157.3B
Gross Profit	21.0B	6.5B	4.9B	11.3B	12.8B
Operating Expenses
R&D Expense	—	6.0M	15.0M	27.0M	42.0M
SG&A Expense	2.2B	2.2B	2.2B	2.3B	2.1B
General & Admin Expense	625.0M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	3.0B	791.0M	329.0M	707.0M	530.0M
Total Operating Expenses	5.2B	3.0B	2.5B	3.0B	2.7B
Cost and Expenses	153.9B	128.7B	140.8B	139.0B	160.0B
Operating Income (EBIT)	15.7B	3.5B	2.3B	8.3B	10.1B
Non-Operating
Interest Income	—	141.0M	158.0M	269.0M	82.0M
Interest Expense	1.1B	1.0B	907.0M	897.0M	619.0M
Net Interest Income	(1.1B)	(898.0M)	(749.0M)	(628.0M)	(537.0M)
Other Non-Op Income/Expense	52.0M	1.9B	350.1M	1.2B	4.6B
Non-Operating Income (excl Interest)	(1.2B)	(2.9B)	(1.3B)	(2.1B)	(5.2B)
EBT (Pre-Tax Income)	15.8B	5.4B	2.7B	9.5B	14.6B
Income Tax Expense	3.1B	892.0M	500.0M	2.2B	3.2B
Bottom Line
Net Income	12.6B	4.4B	2.1B	7.0B	11.0B
Earnings from Cont. Ops	12.7B	4.5B	2.2B	7.2B	11.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	12.6B	4.4B	2.1B	7.0B	11.0B
Per Share
Basic EPS	$31.45	$10.84	$5.01	$15.56	$23.36
Diluted EPS	$31.31	$10.79	$4.99	$15.45	$23.27
Revenue Per Share	$427.28	$325.58	$340.62	$327.15	$360.80
Shares
Basic Shares Outstanding	397.0M	406.0M	420.2M	450.1M	471.5M
Diluted Shares Outstanding	399.0M	408.1M	421.9M	453.2M	473.7M
Profitability Metrics
EBITDA	19.5B	9.7B	6.0B	12.4B	16.9B
D&A	2.6B	3.3B	2.4B	2.0B	1.7B
EBIT	16.9B	6.5B	3.6B	10.4B	15.3B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026