Latest close: a new 52-week highSep 8, 2026what changed →
The financials
Marathon Petroleum by the numbers
Marathon Petroleum (MPC) reported revenue of $52.0B in Q2 2026 (quarter ended Jun 30, 2026), up 54% from the same quarter a year earlier. That came with a gross margin of 17% and net income of $5.14B (9.9% of revenue). For the full year FY2025, revenue was $132.7B (−4.4% year on year) and net income $4.05B. Its largest product in Q2 2026 was Refined Products at $46.4B, 94% of the disclosed total, well ahead of Crude Oil at 4.6%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $52.0B | $33.8B | +54% |
| Gross profit | $8.93B | $3.77B | +137% |
| Operating income | $7.32B | $2.20B | +233% |
| Net income | $5.14B | $1.22B | +323% |
| Diluted EPS | $17.73 | $3.96 | +348% |
| Product | Revenue | Share |
|---|---|---|
| Refined Products | $46.4B | 94% |
| Crude Oil | $2.27B | 4.6% |
| Services And Other | $598M | 1.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $49.30B (+53%)
Crude Oil grew +60% year on yearServices And Other +29% year on year
Segment Latestquarter on quarteryear on year
- Refined Products$46.43B$46.43BQoQ +54%year on year +55%+54%+55%
- Crude Oil$2.27B$2.27BQoQ +37%year on year +60%+37%+60%
- Services And Other$598.0M$598.0MQoQ +31%year on year +29%+31%+29%
Oil & Gas Refining & Marketing
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