Filing Flows › Delek US Holdings (DK) › Q1 2026
Delek US Holdings (DK) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Delek US Holdings (DK) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +0.4% from a year earlier and +9% from the quarter before. Operating margin was -6.8%, net loss $191M (7.2% of revenue).
Delek US Holdings, Q1 2026: revenue $2.7B (+0.4% year over year), operating margin -6.8%, net loss $191M, operating cash flow $461M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | +9% | +0.4% |
| Operating profit | −$179M | -209% | — |
| Net earnings | −$191M | -344% | — |
| Operating cash flow | $461M | -8% | — |
| Free cash flow | $273M | -29% | — |
What changed
Revenue was $2.7B in Q1 2026, roughly flat year over year and up 9% from the previous quarter.
Operating costs exceeded revenue by $0.18B, an operating margin of -6.8%. Total costs grew 2% against flat revenue. The quarter ended with a net loss of $0.19B, after a profit of $0.10B the previous quarter.
Operating cash flow was $0.46B. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.54B. Capital expenditures of $0.19B left free cash flow of $0.27B.
Questions
What was Delek US Holdings' revenue in the first quarter 2026?
Delek US Holdings (DK) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +0.4% from a year earlier and +9% from the quarter before.
Was Delek US Holdings profitable in the first quarter 2026?
Operating loss was $179M (-6.8% of revenue) and net loss $191M.
Source: Delek US Holdings 10-Q on SEC EDGAR.