Phillips 66 Q2 FY26 earnings swing to USD 3.85 billion; adjusted EBITDA climbs to USD 5.89 billion

Reuters2026/08/05 11:04

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Phillips 66 posted GAAP earnings of USD 3.85 billion, swinging from USD 207 million in the prior quarter.
GAAP diluted EPS rose to USD 9.55 from USD 0.51 in 1Q 2026.
Non-GAAP adjusted earnings were USD 3.79 billion; non-GAAP adjusted EBITDA climbed to USD 5.89 billion from USD 1.23 billion.
Cash flow from operations swung to USD 7.26 billion from USD (2.26) billion; debt fell to USD 20.57 billion from USD 27.12 billion.
Mark Lashier said results reflected operational strength; Dos Picos II reached full production, Zeus Gas Plant and Coastal Bend fractionator were sanctioned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips 66 published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805454133) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Phillips 66 Q2 FY26 earnings swing to USD 3.85 billion; adjusted EBITDA climbs to USD 5.89 billion

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