MPC · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
Marathon Petroleum Corp · 2026-11-03 · Importance 64 · Surprise 56 · From source text
Third-quarter 2026 total revenues and other income were $56.487 billion, up $20.638 billion year over year; nine-month revenues were $143.392 billion, up $41.592 billion. The increases mainly reflected higher Refining & Marketing refined-product prices—up $1.14 per gallon in the quarter and $0.83 per gallon year to date—and sales volumes higher by 247 mbpd and 120 mbpd, respectively. Refining & Marketing segment revenues rose $20.45 billion in the quarter and $40.76 billion in the first nine months, while Renewable Diesel segment revenues increased $652 million and $1.23 billion, respectively.
Key facts
- Marathon Petroleum's sales and other operating revenues increased $21.22 billion in the third quarter of 2026, primarily reflecting a $1.14 per gallon increase in average refined product sales prices and sales volume growth of 247 thousand barrels per day. source
- Marathon Petroleum's sales and other operating revenues increased $42.10 billion in the first nine months of 2026, primarily reflecting a $0.83 per gallon increase in average refined product sales prices and sales volume growth of 120 thousand barrels per day. source
- Marathon Petroleum's Refining & Marketing segment revenues increased $20.45 billion in the third quarter of 2026, primarily due to a $1.14 per gallon rise in average refined product sales prices and 247 thousand barrels per day of higher sales volumes. source
- Marathon Petroleum's Refining & Marketing segment revenues increased $40.76 billion in the first nine months of 2026, primarily due to a $0.83 per gallon rise in average refined product sales prices and 120 thousand barrels per day of higher sales volumes. source
- Marathon Petroleum's net income attributable to MPC was $7.45 billion, or $26.59 per diluted share, in the third quarter of 2026, compared with $1.37 billion, or $4.51 per diluted share, in the third quarter of 2025. source
- Marathon Petroleum's net income attributable to MPC was $13.10 billion, or $45.40 per diluted share, in the first nine months of 2026, compared with $2.51 billion, or $8.15 per diluted share, in the first nine months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +75.1% | Marathon Petroleum's sales and other operating revenues increased $42.10 billion in the first nine months of 2026, primarily reflecting a… |
| revenue | positive | realized | +37.9% | Marathon Petroleum's sales and other operating revenues increased $21.22 billion in the third quarter of 2026, primarily reflecting a… |
| net_income | positive | realized | +18.9% | Marathon Petroleum's net income attributable to MPC was $13.10 billion, or $45.40 per diluted share, in the first nine months of 2026,… |
| net_income | positive | realized | +10.8% | Marathon Petroleum's net income attributable to MPC was $7.45 billion, or $26.59 per diluted share, in the third quarter of 2026, compared… |