PSX earnings date & Q2 2026 results · Phillips 66
US GAAP · $M · vs Q2 2025 · reported 08/05/2026
Phillips 66 — The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. · Wikipedia
More about the company
Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, assisted in establishing the newly reconfigured Phillips 66. The company today was formed ten years after Phillips merged with Conoco to form ConocoPhillips. The merged company spun off its refining, chemical, and retail assets – known in the oil industry as downstream operations – into a new company bearing the Phillips 66 name. It began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX.
Key growth driver: Refining — the fastest-growing revenue line: $3,062, +753% y/y. · by the Q2 2026 report
When is PSX’s next earnings date?
Wednesday, October 28, 2026confirmed · before market open
Phillips 66 (PSX) is scheduled to report results for the quarter ending Sep 2026 on Oct 28, 2026. Consensus EPS forecast: $9.98 (6 analysts), vs $2.52 in the same quarter last year.
What time does PSX report? Usually during market hours: the last 4 results releases reached the SEC at 10:03 am, 9:36 am, 4:15 pm, 9:42 am ET.
Last report: Aug 5, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Verdict: a blowout quarter for Phillips 66 as net income attributable to the company more than quadrupled to $3.85B, driven overwhelmingly by a Refining segment swing from near-breakeven to $3.06B pretax on much wider crack spreads and full consolidation of WRB, with Renewable Fuels also swinging to a $544M profit on higher credit values, only partially offset by Corporate & Other costs, higher interest expense and tax.
6-mo OCF $5.0B; Q2 buyback $379M (6-mo $648M); dividend $1.27/share ($508M paid in Q2); $10B buyback authorization increase approved July 2026; total debt $20.6B (39% debt-to-capital)
Source and notation
* marks non-cash / ≈ estimated. Source: Phillips 66 press release / 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
PSX earnings history: past report dates
| Aug 5, 2026 Wed | 10:03 amduring market hours | Jun 30, 2026 | $51.0B+53% y/y | $9.55+344% y/y |
| Apr 6, 2026 Mon | 4:15 pmafter market close | Mar 31, 2026 | $32.5B+7% y/y | $0.51−57% y/y |
| Feb 4, 2026 Wed | 9:42 amduring market hours | Dec 31, 2025 | ≈$34.1B+1% y/y | ≈$7.14 |
| Oct 29, 2025 Wed | 9:36 amduring market hours | Sep 30, 2025 | $34.5B−3% y/y | $0.32−61% y/y |
| Jul 25, 2025 Fri | 7:16 ambefore market open | Jun 30, 2025 | $33.3B−13% y/y | $2.15−10% y/y |
| Apr 25, 2025 Fri | 9:32 amduring market hours | Mar 31, 2025 | $30.4B−15% y/y | $1.18−32% y/y |
| Jan 31, 2025 Fri | 9:36 amduring market hours | Dec 31, 2024 | ≈$33.7B−12% y/y | ≈$0.06−98% y/y |
| Oct 29, 2024 Tue | 9:36 amduring market hours | Sep 30, 2024 | $35.5B−10% y/y | $0.82−83% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Phillips 66: 5-year financials
| 2025 | 132,376 | 4,403 | 1,922 |
| 2024 | 143,153 | 2,117 | 1,882 |
| 2023 | 147,399 | 7,015 | 1,882 |
| 2022 | 169,990 | 11,024 | 1,793 |
| 2021 | 111,476 | 1,317 | 1,585 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 2026Cover of the 2025 10-K: one registered class — Common Stock, $0.01 par value (NYSE: PSX); 400.7M shares as of January 31, 2026. sec.gov ↗
- Feb 2026Diluted weighted average shares fell 7.2% over 2020–2025; buybacks of $1.5B (2022), $4.0B (2023), $3.5B (2024), $1.2B (2025). data.sec.gov ↗
- Feb 2026Declared dividend rose every year: $3.60 (2020) → $4.75 per share (2025). data.sec.gov ↗
- Feb 2026The 10-K's Legal Proceedings section covers the Propel Fuels lawsuit and environmental matters; no shareholder class actions or SEC disclosure cases. sec.gov ↗
Scoring: 2.0 with no deductions = 2.0 (single share class, shares −7.2% over 5 years, dividend rising since 2012 with no cuts, no shareholder lawsuits or SEC disclosure cases)
- Share classes
- 10-K cover: one registered security — Common Stock $0.01.
- Dilution
- Diluted shares −7.2% over 2020–2025; a one-time +7.6% jump in 2022 from buying out Phillips 66 Partners minority holders for stock at market, offset by buybacks (>$10B over 2022–2025); SBC 0.2% of revenue.
- Disclosure
- Full reporting, no violations.
- Dividends
- Declared dividend $3.60 (2020) → $4.75 (2025); not cut in 2020.
- Lawsuits & regulators
- 10-K: Propel Fuels trade-secrets suit ($833M judgment, under appeal) and environmental matters ($8M DPA under the Clean Water Act) — unrelated to minority shareholders; no shareholder lawsuits or SEC cases.
- Related parties
- No material transactions with management; the 2025 fight with activist Elliott is a corporate contest, not a deduction.
How the score works · checked as of Sep 2026
Phillips 66 (PSX) earnings: FAQ
When is PSX's next earnings date?
Phillips 66 (PSX) is scheduled to report on Oct 28, 2026, before market open.
What time does PSX report earnings?
Phillips 66 is scheduled to report before market open on Oct 28, 2026. Its last results releases were filed during market hours, most recently at 10:03 am ET on Aug 5, 2026.
When did PSX last report earnings?
Phillips 66 reported Q2 2026 results on Aug 5, 2026.
What is the EPS estimate for PSX's next earnings?
The consensus EPS forecast is $9.98 (6 analysts), vs $2.52 in the same quarter last year.
Where can I find Phillips 66's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to PSX's filings; this page breaks the latest report down in a Sankey chart.
What was PSX's net income in Q2 2026?
Phillips 66 reported net income of $3,847M for Q2 2026 (+338% year over year), under US GAAP.
Does Phillips 66 pay dividends?
Yes. In 2025, Phillips 66 paid $1,922M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error
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