Filing Flows › CrossAmerica Partners LP (CAPL) › Q2 2026
CrossAmerica Partners LP (CAPL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
CrossAmerica Partners LP (CAPL) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +40% from the quarter before. Operating margin was 3.0%, net earnings $20.8M (1.8% of revenue).
CrossAmerica Partners LP, Q2 2026: revenue $1.2B (+23% year over year), operating margin 3.0%, net earnings $20.8M, operating cash flow $33.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +40% | +23% |
| Gross profit | $113M | +16% | +12% |
| Operating profit | $35.3M | +49% | -15% |
| Net earnings | $20.8M | +95% | -17% |
| Operating cash flow | $33.2M | +19% | +47% |
| Free cash flow | $25.8M | +5% | +139% |
What changed
Revenue was $1.2B in Q2 2026, up 23% year over year and up 40% from the previous quarter.
Gross margin was 9.6%, down 0.9 points from Q2 2025. Operating profit was $0.04B, a 3.0% margin (down 1.3 points year over year). Operating profit fell $0.01B even though revenue rose $0.22B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 30% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $0.02B, down 17% year over year. The effective tax rate was 13.8%.
Operating cash flow was $0.03B (up 47% year over year), 160% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $587K of share-based compensation. Working capital and other items used $4.9M. Capital expenditures of $0.01B left free cash flow of $0.03B.
Questions
What was CrossAmerica Partners LP's revenue in the second quarter 2026?
CrossAmerica Partners LP (CAPL) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +23% from a year earlier and +40% from the quarter before.
Was CrossAmerica Partners LP profitable in the second quarter 2026?
Operating profit was $35.3M (3.0% of revenue) and net earnings $20.8M.