Filing Flows › Delek US Holdings (DK) › Q2 2025
Delek US Holdings (DK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Delek US Holdings (DK) reported revenue of $2.8B for the second quarter 2025 (Q2 2025), -16% from a year earlier and +5% from the quarter before. Operating margin was -1.2%, net loss $90.1M (3.3% of revenue).
Delek US Holdings, Q2 2025: revenue $2.8B (-16% year over year), operating margin -1.2%, net loss $90.1M, operating cash flow $51.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +5% | -16% |
| Operating profit | −$33.5M | — | — |
| Net earnings | −$90.1M | — | — |
| Operating cash flow | $51.4M | — | — |
What changed
Revenue was $2.8B in Q2 2025, down 16% year over year and up 5% from the previous quarter.
Operating costs exceeded revenue by $0.03B, an operating margin of -1.2%. Total costs fell 15% while revenue fell 16%. The quarter ended with a net loss of $0.09B, narrower than the previous quarter's $0.16B loss. Net interest and other expense of $0.07B was the main reason.
Operating cash flow was $0.05B. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.17B exceeded it, leaving free cash flow of −$0.11B.
Questions
What was Delek US Holdings' revenue in the second quarter 2025?
Delek US Holdings (DK) reported revenue of $2.8B for the second quarter 2025 (Q2 2025), -16% from a year earlier and +5% from the quarter before.
Was Delek US Holdings profitable in the second quarter 2025?
Operating loss was $33.5M (-1.2% of revenue) and net loss $90.1M.
Source: Delek US Holdings 10-Q on SEC EDGAR.