# Phillips 66 (PSX) — Earnings

PSX · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/psx/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $9.41 |
| EPS estimate | $7.50 |
| EPS surprise | +25.45% |
| Revenue surprise | +19.12% |
| Revenue | $51.9B |
| Revenue estimate | $43.6B |
| Reported | Aug 5, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1534701/000153470126000032/psx-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/d97792fc-2b7e-76cb-c0ca-7cc52a013b80.html) |

Phillips 66 reported Q2 2026 results on August 5, 2026. Earnings per share came in at $9.41, ahead of the $7.50 estimate by 25.45%. Revenue was $51.9 billion, about 19% above the $43.6 billion consensus. Compared with Q2 2025, EPS was about four times the $2.38 a year earlier, and revenue rose about 55% from $33.5 billion. Both are highs in the table.

The longer record has swung widely. Annual EPS was $18.55 in 2022, then fell to $15.80 in 2023, $6.10 in 2024 and $6.47 in 2025. The company posted losses in Q4 2024, at $0.15 per share, and Q1 2025, at $0.90, the low in the table. Q1 2026 returned a small profit of $0.49. The first half of 2026 adds up to $9.90 per share, against $1.48 a year earlier. Over the last 20 quarters, Phillips 66 topped the EPS estimate 16 times. Its largest beat came in Q1 2026, at 190.32%, when analysts had expected a loss.

Phillips 66 reported Q3 results between October 27 and November 1 in each of the past five years. That points to late October 2026 for the next report, which will show whether revenue stays near the Q2 level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 5, 2026 | $7.50 | $9.41 | 25.45% | $43.6B | $51.9B |
| Q1 2026 | Apr 29, 2026 | −$0.54 | $0.49 | 190.32% | $35.9B | $33.0B |
| Q4 2025 | Feb 4, 2026 | $2.15 | $2.47 | 14.71% | $33.9B | $36.3B |
| Q3 2025 | Oct 29, 2025 | $2.14 | $2.52 | 17.53% | $33.5B | $35.0B |
| Q2 2025 | Jul 25, 2025 | $1.72 | $2.38 | 38.72% | $33.3B | $33.5B |
| Q1 2025 | Apr 25, 2025 | −$0.72 | −$0.90 | -24.48% | $31.7B | $31.7B |
| Q4 2024 | Jan 31, 2025 | −$0.24 | −$0.15 | 38.27% | $34.3B | $33.9B |
| Q3 2024 | Oct 29, 2024 | $1.65 | $2.04 | 23.55% | $37.0B | $36.2B |
| Q2 2024 | Jul 30, 2024 | $1.98 | $2.31 | 16.61% | $37.8B | $38.9B |
| Q1 2024 | Apr 26, 2024 | $2.20 | $1.90 | -13.49% | $35.9B | $36.4B |
| Q4 2023 | Jan 31, 2024 | $2.35 | $3.09 | 31.70% | $38.9B | $38.7B |
| Q3 2023 | Oct 27, 2023 | $4.82 | $4.63 | -3.92% | $41.2B | $40.3B |
| Q2 2023 | Aug 2, 2023 | $3.60 | $3.87 | 7.39% | $37.7B | $35.7B |
| Q1 2023 | May 3, 2023 | $3.56 | $4.21 | 18.38% | $37.2B | $35.1B |
| Q4 2022 | Jan 31, 2023 | $4.41 | $4.00 | -9.29% | $39.2B | $40.6B |
| Q3 2022 | Nov 1, 2022 | $5.05 | $6.46 | 27.99% | $39.3B | $48.8B |
| Q2 2022 | Jul 29, 2022 | $5.95 | $6.77 | 13.79% | $43.6B | $49.3B |
| Q1 2022 | Apr 29, 2022 | $1.23 | $1.32 | 7.20% | $36.6B | $36.7B |
| Q4 2021 | Jan 28, 2022 | $1.95 | $2.94 | 50.89% | $28.6B | $33.1B |
| Q3 2021 | Oct 29, 2021 | $1.90 | $3.18 | 67.28% | $27.1B | $31.5B |

## Frequently Asked Questions

### When did Phillips 66 (PSX) last report earnings?

Phillips 66 last reported on Aug 5, 2026, covering fiscal Q2 2026.

### Did PSX beat earnings estimates?

Yes. Phillips 66 reported EPS of $9.41 for Q2 2026 against a $7.50 estimate — a 25.45% beat.

### How much revenue did PSX report last quarter?

Phillips 66 reported $51.9B in revenue for Q2 2026, against a consensus estimate of $43.6B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).