PSX · News · 20260806N

Revenue Performance and Mix

Phillips 66 · 2026-08-06 · Importance 63 · Surprise 64

Phillips 66 reported second-quarter 2026 revenue of approximately $52.04 billion, exceeding the $43.41 billion analyst estimate. Net income increased to $3.847 billion from $877 million in the year-earlier quarter, a 339% YoY increase. Refining, Marketing and Specialties, Midstream, Chemicals, and Renewable Fuels all contributed positively, with record NGL fractionation and LPG export volumes supporting the Midstream segment. Renewable Fuels returned to profitability, while its renewable diesel facility operated above nameplate capacity during the quarter.

Key facts

• Phillips 66 reported sales of $51 billion in Q2 2026 in at least one published summary of results. source