10-Q quarterly report · filed Aug 5, 2026

Phillips 66 (PSX) Q2 2026 10-Q Quarterly Report

Short answer

Phillips 66 (PSX) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $51.0B (up 53.1% year over year) with net income of $3.8B.

Q2 2026 key financials · XBRL

Revenue
$51.0B
+53.1% YoY · +56.7% QoQ
Net income
$3.8B
+338.7% YoY · +1758.5% QoQ
EPS (diluted)
$9.54
+345.8% YoY · +1770.6% QoQ

Source: XBRL data from the Phillips 66 (PSX) Q2 2026 10-Q on SEC EDGAR. USD.

Phillips 66 Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue up 53% YoY; exact quarterly dollar amount not provided
  • Net income attributable to Phillips 66 $3.847B vs $877M YoY
  • Refining best segment: $3.062B vs $359M; worldwide realized margin $24.08 vs $11.25 per barrel
  • Cash operations $7.3B; net debt repayments $6.7B; capex and investments $726M
  • Headwinds: commodity-price volatility and geopolitical disruptions could materially impact future results

Risk Factors

  • No risk-factors section provided; filing excerpt contains Items 2, 5, and 6 only
  • New $10 billion share-repurchase authorization approved July 29, 2026
  • Repurchase capacity reduced to $1.659 billion by June 30, 2026
  • Share repurchases subject to market conditions and applicable regulatory requirements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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