Revenue $3.31B, up 10.3% on a year earlier. Operating revenue $1.45B, up 8.6%. Diluted EPS $1.06 against $1.03.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $3.31B | $3.04B | $3.00B | +10.3% |
| Operating income | $1.38B | $1.21B | $1.29B | +6.6% |
| Net income | $1.09B | $922.00M | $1.06B | +2.7% |
| Diluted EPS | $1.06 | $0.90 | $1.03 | |
| Operating cash flow | $1.70B | $1.35B | $1.74B | -2.0% |
| Capital expenditures | -$825.00M | -$575.00M | -$301.00M | |
| Free cash flow | $877.00M | $772.00M | $1.44B | -38.9% |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Operating revenue | $1.45B | $1.34B | +8.6% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “MPLX (MPLX) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/MPLX/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.