Marathon Petroleum Corp

MPC 10-Q · Q1 2026
API behind this page

MPC Q1 2026 request

Playground key active
Request URL /api/financials?ticker=MPC&year=2026&quarter=1
waiting 0 ms 
Pick an endpoint and run the request.
curl

Income Statement

JSON CSV Excel
Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 34,200 31,517 +8.5%
Show Product Lines breakouts
Crude Oil · Refining & Marketing 1,650 1,565 +5.4%
Refined products · Midstream 485 530 -8.5%
Refined products · Refining & Marketing 30,220 27,427 +10.2%
Refined products · Renewable Diesel 567 615 -7.8%
Services and other · Midstream 817 911 -10.3%
Services and other · Refining & Marketing 456 465 -1.9%
Services and other · Renewable Diesel 5 4 +25.0%
Show Business Segments breakouts
Midstream 1,302 1,441 -9.6%
Midstream · Intersegment Elimination 1,522 1,469 +3.6%
Midstream · Operating Segments 2,824 2,910 -3.0%
Refining & Marketing 32,326 29,457 +9.7%
Refining & Marketing · Intersegment Elimination 9 40 -77.5%
Refining & Marketing · Operating Segments 32,335 29,497 +9.6%
Renewable Diesel 572 619 -7.6%
Renewable Diesel · Intersegment Elimination 7 7 0.0%
Renewable Diesel · Operating Segments 579 626 -7.5%
Show Consolidation Items breakouts
Intersegment Elimination 1,538 1,516 +1.5%
Operating Segments 35,738 33,033 +8.2%
Show Related Party Transactions By Related Party breakouts
Related Party 238 320 -25.6%
Income Loss From Equity Method Investments 176 230 -23.5%
Show Business Segments breakouts
Midstream · Operating Segments 207 209 -1.0%
Refining & Marketing · Operating Segments -2 5 -140.0%
Renewable Diesel · Operating Segments -29 16 -281.2%
Other Operating Income 192 103 +86.4%
Derivative Gain Loss On Derivative Net (Q) — — —
Show Derivative Risk breakouts
Commodity Contract -909 -65 -1298.5%
Commodity Contract · Cost Of Sales -840 -67 -1153.7%
Commodity Contract · Other Income -7 2 -450.0%
Commodity Contract · Sales -62 — —
Unrealized Gain Loss On Derivatives And Commodity Contracts -318 -16 -1887.5%
Show Derivative Risk breakouts
Commodity Contract · Cost Of Sales 440 13 +3284.6%
Commodity Contract · Other Income 30 1 +2900.0%
Commodity Contract · Sales 49 — —
Derivative Instruments Not Designated As Hedging Instruments Realized Gain Loss Net Realized Gain (Q) — — —
Show Derivative Risk breakouts
Commodity Contract · Cost Of Sales -400 -54 -640.7%
Commodity Contract · Other Income 23 3 +666.7%
Commodity Contract · Sales -13 — —
Revenues And Other Income 34,568 31,850 +8.5%
Cost of Revenue 31,261 29,360 +6.5%
Depreciation & Amortization 809 793 +2.0%
Show Business Segments breakouts
Midstream · Operating Segments 382 351 +8.8%
Refining & Marketing · Operating Segments 387 406 -4.7%
Renewable Diesel · Operating Segments 16 18 -11.1%
Show Consolidation Items breakouts
Corporate Non Segment 24 18 +33.3%
Operating Segments 785 775 +1.3%
Selling, General & Administrative 867 783 +10.7%
Taxes Excluding Income And Excise Taxes 227 227 0.0%
Total Costs & Expenses 33,164 31,163 +6.4%
Show Business Segments breakouts
Midstream · Operating Segments 1,433 1,399 +2.4%
Refining & Marketing · Operating Segments 30,956 29,013 +6.7%
Renewable Diesel · Operating Segments 512 684 -25.1%
Operating Income 1,404 687 +104.4%
Interest And Debt Expense 370 304 +21.7%
Income Before Taxes 1,034 383 +170.0%
Income Tax Expense (Benefit) 183 37 +394.6%
Net Income 851 346 +146.0%
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest 340 420 -19.0%
Net Income 511 -74 +790.5%
EPS (Basic) 1.73 -0.24 +820.8%
Wtd Avg Shares (Basic) 295 313 -5.8%
EPS (Diluted) 1.73 -0.24 +820.8%
Wtd Avg Shares (Diluted) 295 313 -5.8%
Interest Income -33 -46 +28.3%
Comprehensive Income 508 -69 +836.2%
Net Income Loss Available To Common Stockholders Basic 511 -74 +790.5%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 2,151 3,812 -43.6%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 1,506 2,534 -40.6%
Accounts Receivable 14,629 12,114 +20.8%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 782 930 -15.9%
Inventory 10,764 10,488 +2.6%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 178 186 -4.3%
Other Assets Current 1,154 726 +59.0%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 62 33 +87.9%
Total Current Assets 28,698 27,140 +5.7%
Non-Current Assets
Goodwill 9,335 — —
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 8,736 — —
Operating Lease Right-of-Use Assets 1,507 1,249 +20.7%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 268 286 -6.3%
Other Non-Current Assets 1,393 2,962 -53.0%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 1,161 1,527 -24.0%
Total Assets 88,187 81,633 +8.0%
Other Assets
Equity Method Investments 6,999 — —
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 4,981 — —
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 37,597 34,943 +7.6%
Show Business Segments breakouts
Midstream · Operating Segments 22,654 19,892 +13.9%
Refining & Marketing · Operating Segments 13,849 13,885 -0.3%
Renewable Diesel · Operating Segments 559 621 -10.0%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 21,992 19,147 +14.9%
Show Consolidation Items breakouts
Corporate Non Segment 535 545 -1.8%
Intangible Assets Net Excluding Goodwill 2,658 — —
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 1,359 — —
Current Liabilities
Accounts Payable 17,617 14,748 +19.5%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 1,076 700 +53.7%
Employee Related Liabilities Current 1,208 1,155 +4.6%
Taxes Payable Current 1,632 1,265 +29.0%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 73 76 -3.9%
Long Term Debt And Capital Lease Obligations Current 2,119 4,065 -47.9%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 1,251 2,697 -53.6%
Operating Lease Liability Current 501 410 +22.2%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 53 47 +12.8%
Other Liabilities Current 1,334 1,082 +23.3%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 370 323 +14.6%
Total Current Liabilities 24,411 22,725 +7.4%
Debt Current -2,119 -4,065 +47.9%
Non-Current Liabilities
Deferred Tax Liabilities 5,995 5,759 +4.1%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 25 18 +38.9%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 1,231 1,176 +4.7%
Operating Lease Liabilities 1,000 817 +22.4%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 208 227 -8.4%
Deferred Credits And Other Liabilities Noncurrent 1,417 1,246 +13.7%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 455 448 +1.6%
Total Liabilities 64,760 58,568 +10.6%
Other Liabilities
Long Term Debt And Capital Lease Obligations 30,706 26,845 +14.4%
Show Legal Entity breakouts
MPLX · Variable Interest Entity Primary Beneficiary 24,383 19,721 +23.6%
Stockholders' Equity
Common Stock 10 10 0.0%
Treasury Stock Value -56,783 -53,662 -5.8%
Additional Paid In Capital Common Stock 33,668 33,668 0.0%
Retained Earnings 39,966 36,489 +9.5%
Accumulated Other Comprehensive Income -108 -109 +0.9%
Total Stockholders' Equity 16,753 16,396 +2.2%
Minority Interest 6,674 6,669 +0.1%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 23,427 23,065 +1.6%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -108 -109 +0.9%
Additional Paid In Capital 33,668 33,668 0.0%
Common Stock 10 10 0.0%
Noncontrolling Interest 6,674 6,669 +0.1%
Retained Earnings 39,966 36,489 +9.5%
Treasury Stock Common -56,783 -53,662 -5.8%
Total Liabilities & Equity 88,187 81,633 +8.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Amortization Of Financing Costs And Discounts 10 12 -16.7%
Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash 55 15 +266.7%
Deferred Income Taxes 19 -28 +167.9%
Equity Method Investment Dividends Or Distributions 273 227 +20.3%
Change in Accounts Receivable -4,302 -928 -363.6%
Change in Inventory -635 -920 +31.0%
Increase Decrease In Accounts Payable And Accrued Liabilities 4,677 788 +493.5%
Increase Decrease In Other Operating Capital Net 5 2 +150.0%
Other Operating Activities Cash Flow Statement -147 -125 -17.6%
Net Cash from Operations 1,121 -64 +1851.6%
Investing Activities
Capital Expenditures -913 -663 -37.7%
Payments To Acquire Businesses Net Of Cash Acquired 14 -237 +105.9%
Proceeds From Sales Of Business Affiliate And Productive Assets 5 1 +400.0%
Payments To Acquire Interest In Joint Venture -302 -132 -128.8%
Other Investing Activities 149 87 +71.3%
Net Cash from Investing -1,047 -923 -13.4%
Financing Activities
Proceeds From Issuance Of Commercial Paper 3,864 — —
Repayments Of Commercial Paper -3,864 — —
Proceeds From Issuance Of Long Term Debt And Capital Securities Net 1,489 4,372 -65.9%
Repayments Of Long Term Debt And Capital Securities -1,538 -930 -65.4%
Debt Issuance Costs -15 -36 +58.3%
Proceeds From Issuance Of Common Stock 1 23 -95.7%
Share Repurchases -750 -1,057 +29.0%
Payments Of Dividends Common Stock -295 -285 -3.5%
Payments To Minority Shareholders -407 -370 -10.0%
Payments For Repurchase Of Other Equity -50 -100 +50.0%
Proceeds From Payments For Other Financing Activities -31 -28 -10.7%
Net Cash from Financing -1,596 1,589 -200.4%
Supplemental
Income Taxes Paid 12 85 -85.9%
Interest Paid 505 344 +46.8%
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect -1,522 602 -352.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2,151 3,813 -43.6%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key