Filing Flows › HF Sinclair (DINO) › Q1 2025
HF Sinclair (DINO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
HF Sinclair (DINO) reported revenue of $6.4B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -2% from the quarter before. Operating margin was 1.3%, net loss $2.0M (0.0% of revenue).
HF Sinclair, Q1 2025: revenue $6.4B (-9% year over year), operating margin 1.3%, net loss $2.0M, operating cash flow −$89.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4B | -2% | -9% |
| Operating profit | $81.0M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$89.0M | — | — |
What changed
Revenue was $6.4B in Q1 2025, down 9% year over year and down 2% from the previous quarter. Transportation fuels was the largest line at 78% of revenue. Transportation fuels lost $0.59B year over year (down 11%), 90% of the total change.
Operating profit was $0.08B, a 1.3% margin (down 4.6 points year over year). Total costs fell 5% while revenue fell 9%. The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $0.21B loss. Net interest and other expense of $0.08B was the main reason.
Operating cash flow was −$0.09B. Non-cash charges added back $0.23B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.32B. Capital expenditures of $0.09B exceeded it, leaving free cash flow of −$0.17B.
Questions
What was HF Sinclair's revenue in the first quarter 2025?
HF Sinclair (DINO) reported revenue of $6.4B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -2% from the quarter before.
Was HF Sinclair profitable in the first quarter 2025?
Operating profit was $81.0M (1.3% of revenue) and net loss $2.0M.
Source: HF Sinclair 10-Q on SEC EDGAR.