Filing Flows › CrossAmerica Partners LP (CAPL) › How it makes money
How CrossAmerica Partners LP (CAPL) makes money
CrossAmerica Partners LP (CAPL) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Of every dollar of revenue, 8¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.2B | 100.0% |
| Cost of revenue | $1.1B | 91.5% |
| Gross profit | $101M | 8.5% |
| Operating expenses | $77.4M | 6.5% |
| Operating profit | $23.7M | 2.0% |
| Income tax | $3.0M | 0.3% |
| Net earnings | $8.8M | 0.7% |
| Operating cash flow | $24.5M | 2.0% |
| Free cash flow | $17.3M | 1.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.2B | +23% |
| Q2 2026 | $1.2B | +23% |
| Q1 2026 | $842M | -2% |
| Q4 2025 | $866M | -8% |
| Q3 2025 | $972M | -10% |
| Q2 2025 | $962M | -15% |
| Q1 2025 | $862M | -8% |
From CrossAmerica Partners LP's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does CrossAmerica Partners LP make money?
CrossAmerica Partners LP (CAPL) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Of every dollar of revenue, 8¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
What is CrossAmerica Partners LP's profit margin?
Net earnings were $8.8M, 0.7% of revenue, in the third quarter 2026; the operating margin was 2.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.