The news in the PHP world today is Facebook\'s HipHop, which:
HipHop for PHP isn\'t technically a compiler itself. Rather it is a source code transformer.
You can think of it as some sort of compiler that takes in a bunch of .php files, and generate a bunch of c++ files for which you can then compile using g++ (Not sure if other compilers are supported). The resulting exe is your web application with a web server included. That means you could run the exe and you are good to go. The web server is based on libevent and supposedly pretty efficient.