MPLX LP financials
$57.05−1.06%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.13B | $2.81B | $2.89B | $2.90B | $2.83B | $2.89B | $2.84B | $2.78B | $2.73B | $2.60B | $2.67B | $2.71B |
| Gross profit | $2.12B | $1.49B | $383.0M | $1.99B | $2.01B | $1.60B | $418.0M | $1.94B | $1.55B | $1.84B | $358.0M | $1.84B |
| Gross margin | 67.6% | 53.1% | 13.2% | 68.5% | 70.9% | 55.4% | 14.7% | 70.0% | 57.0% | 70.7% | 13.4% | 68.0% |
| Operating income | $1.20B | $982.0M | $1.13B | $1.09B | $1.12B | $1.13B | $1.12B | $1.08B | $1.09B | $1.01B | $1.08B | $956.0M |
| Net income | $1.08B | $912.0M | $1.19B | $1.54B | $1.05B | $1.13B | $1.08B | $1.03B | $1.17B | $995.0M | $1.10B | $892.0M |
| Net margin | 34.4% | 32.5% | 41.1% | 53.2% | 37.0% | 39.0% | 38.2% | 37.1% | 42.9% | 38.2% | 41.3% | 32.9% |
| Diluted EPS | $1.06 | $0.90 | $1.17 | $1.52 | $1.03 | $1.10 | $1.06 | $1.01 | $1.15 | $0.98 | $1.10 | $0.89 |
| EBITDA | $1.56B | $1.34B | $1.48B | $1.43B | $1.45B | $1.46B | $1.44B | $1.40B | $1.41B | $1.33B | $1.08B | $1.26B |
| Operating cash flow | $1.70B | $1.35B | $1.50B | $1.43B | $1.74B | $1.25B | $1.68B | $1.42B | $1.56B | $1.29B | $1.49B | $1.24B |
| Free cash flow | $877.0M | $772.0M | $782.0M | $905.0M | $1.44B | $979.0M | $1.37B | $1.14B | $1.35B | $1.04B | $1.21B | $1.01B |
| Diluted shares | 1,015.0M | 1,015.0M | 1,016.0M | 1,019.0M | 1,021.0M | 1,020.0M | 1,020.0M | 1,020.0M | 1,020.0M | 1,008.0M | 1,005.0M | 1,001.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $1.51B | $2.14B | $1.76B | $1.39B | $2.53B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $26.01B | $25.90B | $26.01B | $25.92B | $21.49B | $22.62B |
| Total assets | $42.97B | $42.93B | $43.01B | $43.23B | $37.84B | $38.97B |
| Total liabilities | $28.72B | $28.64B | $28.48B | $28.70B | $23.79B | $24.90B |
| Shareholders' equity | $14.25B | $14.30B | $14.53B | $14.52B | $14.05B | $14.07B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology