Phillips 66 (PSX) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined compared to the prior quarter but rose relative to the same quarter a year earlier. The sequential decrease followed a pattern of slowing declines over the fiscal year.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined compared to the prior quarter but rose relative to the same quarter a year earlier. The sequential decrease followed a pattern of slowing declines over the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$34.1B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
+1.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$132.4B
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 | $30.4B | -15.0% |
| Jun 30, 2025 | $33.3B | -12.6% |
| Sep 30, 2025 | $34.5B | -2.9% |
| Dec 31, 2025 | $34.1B | +1.3% |
Revenue performance
Reported revenue moved lower from the immediately preceding quarter, marking a sequential contraction. However, on a year-over-year basis, revenue increased, reflecting a positive comparison with the same period one year ago.
Quarterly comparison
Compared to the prior quarter, revenue decreased, while compared to the same quarter last year, revenue increased. The trailing twelve-month revenue figure provides broader context for the annual performance.
What to watch
Monitor whether the sequential revenue decline continues or reverses in the upcoming quarter.