FINHUB Insights

MPC · Q3 FY25 · Jul 1 – Sep 30, 2025

Marathon Petroleum Q3 FY25: where the revenue came from and where it went

Marathon Petroleum Q3 FY25: revenue $34.8B (−1% year over year). Net profit $1.4B. Largest cohort Refining and Marketing $32.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 4, 2025 10-Q
Sankey diagram of Marathon Petroleum's income statement for Q3 FY25: revenue of $34.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$34.8B −1% year over year
Gross profit$3.6B 10% margin
Operating profit$2.7B 8% margin
Net profit$1.4B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 34.8 100% −1%
Refining and Marketing 32.6 94% −2%
Midstream 1.4 4% +9%
Renewable Diesel 0.7 2% +49%
Cost of revenue−31.290%
Gross profit3.610% margin+2pp
SG&A−0.92%+0pp
Other−00%+0pp
Operating profit2.78% margin+4pp
Tax−0.5
Interest & other costs−0.8
Net profit1.44%+2pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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