Filing Flows › Delek US Holdings (DK) › Q1 2025
Delek US Holdings (DK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Delek US Holdings (DK) reported revenue of $2.6B for the first quarter 2025 (Q1 2025), -16% from a year earlier and +11% from the quarter before. Operating margin was -4.8%, net loss $158M (6.0% of revenue).
Delek US Holdings, Q1 2025: revenue $2.6B (-16% year over year), operating margin -4.8%, net loss $158M, operating cash flow −$62.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +11% | -16% |
| Operating profit | −$126M | — | — |
| Net earnings | −$158M | — | — |
| Operating cash flow | −$62.4M | — | — |
What changed
Revenue was $2.6B in Q1 2025, down 16% year over year and up 11% from the previous quarter.
Operating costs exceeded revenue by $0.13B, an operating margin of -4.8%. Total costs fell 11% while revenue fell 16%. The quarter ended with a net loss of $0.16B, narrower than the previous quarter's $0.40B loss.
Operating cash flow was −$0.06B. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.14B exceeded it, leaving free cash flow of −$0.20B.
Questions
What was Delek US Holdings' revenue in the first quarter 2025?
Delek US Holdings (DK) reported revenue of $2.6B for the first quarter 2025 (Q1 2025), -16% from a year earlier and +11% from the quarter before.
Was Delek US Holdings profitable in the first quarter 2025?
Operating loss was $126M (-4.8% of revenue) and net loss $158M.
Source: Delek US Holdings 10-Q on SEC EDGAR.