FINHUB Insights

MPC · Q1 FY26 · Mar 31, 2026

Marathon Petroleum Q1 FY26: where the revenue came from and where it went

Marathon Petroleum Q1 FY26: revenue $34.2B (+9% year over year). Net profit $0.5B. Largest cohort Refining and Marketing $32.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of Marathon Petroleum's income statement for Q1 FY26: revenue of $34.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$34.2B +9% year over year
Gross profit$2.9B 9% margin
Operating profit$1.4B 4% margin
Net profit$0.5B 1% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 34.2 100% +9%
Refining and Marketing 32.3 94% +10%
Midstream 1.3 4% −10%
Renewable Diesel 0.6 2% −8%
Cost of revenue−31.392%
Gross profit2.99% margin+2pp
SG&A−0.83%+0pp
Other−0.72%+0pp
Operating profit1.44% margin+2pp
Tax−0.2
Interest & other costs−0.7
Net profit0.51%+2pp
Filing on EDGAR More quarters of MPC

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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