Marathon Petroleum reports Q2 2026 net income of $5.1 billion, $17.73 per diluted share
Marathon Petroleum (MPC) reported second-quarter 2026 net income attributable to MPC of $5.1 billion, or $17.73 per diluted share, up from $1.2 billion, or $3.96 per diluted share, a year earlier. Adjusted EBITDA rose to $8.5 billion from $3.3 billion, driven mainly by the Refining & Marketing segment, and the company returned over $2.8 billion to shareholders in the quarter.
Key points
- Q2 2026 net income attributable to MPC of $5.1 billion, or $17.73 per diluted share, versus $1.2 billion, or $3.96 per diluted share, in Q2 2025
- Adjusted EBITDA of $8.5 billion versus $3.3 billion; Refining & Marketing segment adjusted EBITDA was $6.7 billion versus $1.9 billion
- MPLX 2026 growth capital spending outlook raised by $500 million to $2.9 billion; MPC had $7.8 billion of cash and $6.1 billion remaining under buyback authorizations
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.