Phillips 66 (PSX) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter declined compared to the preceding quarter and also decreased relative to the same quarter in the prior year. The sequential drop continues a pattern of decreasing revenue over recent quarters.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter declined compared to the preceding quarter and also decreased relative to the same quarter in the prior year. The sequential drop continues a pattern of decreasing revenue over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.4B
Revenue reported for this quarter.
Quarter-over-quarter
-9.7%
Change from the immediately preceding quarter.
Year-over-year
-15.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$137.8B
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 |
|---|---|---|
| Jun 30, 2024 | $38.1B | +8.7% |
| Sep 30, 2024 | $35.5B | -10.4% |
| Dec 31, 2024 | $33.7B | -12.0% |
| Mar 31, 2025 | $30.4B | -15.0% |
Revenue performance
The reported revenue reflects a decrease from the previous quarter's figure. On a year-over-year basis, revenue was also lower.
Quarterly comparison
Compared to the immediately preceding quarter, revenue fell. Relative to the same quarter one year earlier, revenue was down as well.
What to watch
The persistence of sequential revenue declines warrants attention in upcoming reports.