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Phillips 66 Gross Profit 2016-2026 | PSX

Annual FY2016–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$16.28B

+23.4%YoY vs FY2024Source: 10-KFY2025

From $21.81B in FY2016 to $16.28B in FY2025: 0.7× in 9 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$3.3B+20.0%$7.3B+72.9%$9.7B+126.4%Not reported
FY25$2.8B−19.1%$4.2B+21.3%$4.3B+28.9%$5.0B+69.6%
FY24$3.4B−32.2%$3.5B−22.5%$3.3B−37.2%$2.9B−33.8%
FY23$5.1B+88.3%$4.5B−23.8%$5.3B−15.8%$4.4B−13.8%
FY22$2.7B+71.8%$5.9B+232.5%$6.3B+132.5%$5.1B+54.9%
Share22%25%27%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+20.5%

FY2020
$6.42B
FY2025
$16.28B

5 years selected · on the chart

Gross Profit History

Year-over-year comparison from 10-K annual reports

  1. $16.28B
YoY changeLargest recent move+114.0%in FY22Latest +23.4%

Gross Profit, period by period

PeriodValueChangeSource
FY2025$16.28B+23.4%10-K
FY2024$13.19B−31.7%10-K
FY2023$19.31B−3.7%10-K
FY2022$20.06B+114.0%10-K
FY2021$9.37B+46.0%10-K
FY2020$6.42B−45.4%10-K
FY2019$11.76B−13.1%10-K
FY2018$13.53B−41.0%10-K
FY2017$22.95B+5.2%10-K
FY2016$21.81B—10-K

What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is Phillips 66's current gross profit?

Phillips 66 (PSX) annual gross profit for 2025 was $16.28B, a 23.44% increase from 2024. Phillips 66 gross profit for the quarter ending September 30, 2026 was $9.73B.

What was Phillips 66's gross profit in 2024?

Phillips 66 annual gross profit for 2024 was $13.19B, a 31.70% decline from 2023.

What was Phillips 66's gross profit in 2023?

Phillips 66 annual gross profit for 2023 was $19.31B, a 3.71% decline from 2022.

What is Phillips 66's 5-year gross profit CAGR?

Phillips 66 gross profit grew at a compound annual growth rate (CAGR) of 20.45% from FY2020 to FY2025, going from $6.42B to $16.28B over 5 years.

Company
Phillips 66
Ticker
PSX
Sector
Energy
Industry
Petroleum Refining