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HF Sinclair (DINO) operating margin by quarter

HF Sinclair's operating margin was 24.6% in Q3 2026 (third quarter 2026), +13.4 pts from Q2 2026. Over the last 5 quarters it ranged from 4.1% (Q2 2025) to 24.6% (Q3 2026).

HF Sinclair operating margin by quarterHF Sinclair operating margin by quarter4.1%Q2 20257.8%Q3 202511.9%Q1 202611.2%Q2 202624.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202624.6%+13.4 pts+16.8 pts
Q2 202611.2%-0.6 pts+7.2 pts
Q1 202611.9%+4.1 pts—
Q3 20257.8%+3.7 pts—
Q2 20254.1%——

Q3 2026 at a glance

HF Sinclair, Q3 2026: revenue $10.9B (+50% year over year), operating margin 24.6%, net earnings $2.0B, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is HF Sinclair's operating margin?

HF Sinclair's operating margin was 24.6% in Q3 2026 (third quarter 2026), +13.4 pts from Q2 2026.

How has HF Sinclair's operating margin changed?

Over the last 5 quarters it ranged from 4.1% (Q2 2025) to 24.6% (Q3 2026).

Q3 2026 results → · How HF Sinclair makes money →