Marathon Petroleum (MPC) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was more pronounced than the year-over-year decline.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was more pronounced than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$32.6B
Revenue reported for this quarter.
Quarter-over-quarter
-6.4%
Change from the immediately preceding quarter.
Year-over-year
-1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$132.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $31.5B | -3.6% |
| Jun 30, 2025 | $33.8B | -10.9% |
| Sep 30, 2025 | $34.8B | -0.8% |
| Dec 31, 2025 | $32.6B | -1.7% |
Revenue performance
The reported revenue moved lower, continuing a pattern of sequential declines seen in recent quarters. The year-over-year comparison also showed a decrease, though a smaller one.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. When measured against the same quarter one year earlier, revenue also decreased.
What to watch
The filing context notes that operating cash flow decreased year over year, partly due to an unfavorable change in working capital.