How Phillips 66 makes money

Period

FY2025

How does Phillips 66 make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Phillips 66 · FY2025 · year ended 2025-12-31

Revenue$132.4BGross profit$16.3B · 12%Cost of revenue$116.1B · 88%Operating income$13.8B · 10%Operating expenses$2.4B · 2%R&D$0 · 0%SG&A$2.4B · 2%Pre-tax income$5.3B · 4%Other expense$8.5B · 6%Net income$4.4B · 3%Income tax$892M · 1%Refined Petroleum Products & Renewable Fuels$97.4B · 74%Natural Gas Liquids Reserves$17.1B · 13%Crude Oil$15.2B · 11%Other Product Line$2.8B · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.