---
title: "Marathon Petroleum Corp 2Q 2026: Revenue $51.99B, EPS $17.73— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294858215.md"
description: "Marathon Petroleum Corp reported Q2 2026 results with revenue of $51.99B and diluted EPS of $17.73, marking significant year-over-year growth driven by higher refined product prices, increased exports, and improved renewable diesel margins. Net income surged to $5.14B. The Refining & Marketing segment led performance, while midstream operations benefited from MPLX optimization and Gulf Coast expansions."
datetime: "2026-08-04T18:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294858215.md)
  - [en](https://longbridge.com/en/news/294858215.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294858215.md)
generator: "portal-rs"
---

# Marathon Petroleum Corp 2Q 2026: Revenue $51.99B, EPS $17.73— 10-Q Summary

Marathon Petroleum Corp reported second-quarter 2026 results with strong revenue and profit growth versus the prior-year quarter, driven by higher refined product prices, increased export activity and improved renewable diesel margins.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$51.99B

$33.8B

53.8%

Net income²

$5.14B

$1.22B

322.5%

Diluted EPS³

$17.73

$3.96

347.7%

*¹ Reported as “Sales and other operating revenues”. ² Reported as “Net income attributable to MPC”. ³ Reported as “Net income attributable to MPC per share”.*

**Business Highlights**

-   Revenue growth and margin expansion were led by the Refining & Marketing segment as Q2 refined product prices and volumes rose, lifting per-barrel margins versus 2025.
-   Channel and product mix shifted toward higher export sales and renewed focus on U.S. refined products and renewable diesel, supported by regulatory credits.
-   Net refinery throughput dipped modestly due to planned turnarounds, but utilization remained high (around 91–94%), sustaining strong margins.
-   Midstream performance improved via MPLX optimization, acquisitions and Gulf Coast expansions in fractionation and exports, boosting throughput and midstream EBITDA.
-   Renewable diesel margins strengthened materially from higher regulatory credit values and sale prices, despite some joint-venture turnaround downtime.

Original SEC Filing: Marathon Petroleum Corp \[ MPC \] - 10-Q - Aug. 04, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**