Phillips 66 (PSX) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased compared to the immediately preceding period. However, it declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased compared to the immediately preceding period. However, it declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$34.5B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
-2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$132B
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 |
|---|---|---|
| Dec 31, 2024 | $33.7B | -12.0% |
| Mar 31, 2025 | $30.4B | -15.0% |
| Jun 30, 2025 | $33.3B | -12.6% |
| Sep 30, 2025 | $34.5B | -2.9% |
Revenue performance
The reported revenue moved upward from the prior quarter, reversing the downward trend seen in recent periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved. Versus the same quarter one year ago, revenue was lower.
What to watch
The year-over-year decline in revenue warrants attention, as it contrasts with the sequential improvement.