Filing Flows › HF Sinclair (DINO) › Q3 2026
HF Sinclair (DINO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
HF Sinclair (DINO) reported revenue of $10.9B for the third quarter 2026 (Q3 2026), +50% from a year earlier and +4% from the quarter before. Operating margin was 24.6%, net earnings $2.0B (18.6% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.9B | +4% | +50% |
| Operating profit | $2.7B | +129% | +374% |
| Net earnings | $2.0B | +126% | +398% |
| Operating cash flow | $1.8B | +18% | +121% |
| Free cash flow | $1.6B | +18% | +139% |
What changed
Revenue was $10.9B in Q3 2026, up 50% year over year and up 4% from the previous quarter. Transportation fuels was the largest line at 80% of revenue. Transportation fuels added $3.0B year over year (up 53%), 83% of the total change.
Operating profit was $2.7B, a 24.6% margin (up 16.8 points year over year). Of the extra revenue versus Q3 2025, 58% reached operating profit, above the 8% margin then. Total costs grew 22% against revenue growth of 50%. The fastest-growing cost line was Other operating costs (+43%). Net earnings were $2.0B, up 400% year over year. The effective tax rate was 23.9%.
Operating cash flow was $1.8B (up 121% year over year), 88% of net earnings. Non-cash charges added back $0.28B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.52B. Capital expenditures of $0.14B left free cash flow of $1.6B.
Questions
What was HF Sinclair's revenue in the third quarter 2026?
HF Sinclair (DINO) reported revenue of $10.9B for the third quarter 2026 (Q3 2026), +50% from a year earlier and +4% from the quarter before.
Was HF Sinclair profitable in the third quarter 2026?
Operating profit was $2.7B (24.6% of revenue) and net earnings $2.0B.
Source: HF Sinclair 10-Q on SEC EDGAR.