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Filing Flows › Delek US Holdings (DK) › Q2 2026 › vs Q1 2026

Delek US Holdings (DK) Q2 2026 vs Q1 2026 (quarter over quarter)

Delek US Holdings's revenue rose $1.4B (+54%) from $2.7B in Q1 2026 to $4.1B in Q2 2026. Operating margin 7.4% against -6.8% (+14.2 pts).

Delek US Holdings, Q2 2026: revenue $4.1B (+48% year over year), operating margin 7.4%, net earnings $170M, operating cash flow $263M. The chart draws each line against Q1 2026, the increases inside each band.

Delek US Holdings: what changed, Q2 2026 vs Q1 2026Delek US Holdings: what changed, Q2 2026 vs Q1 2026Costs & expenses$952MCost of revenue$939MWorking capital & other$581MOperating profit$482MPre-tax earnings$471MNet earnings$371MOperating cash flow−$198MFree cash flow (OCF − capex)−$184MIncome tax$100MCapital expenditures−$13.9M

Margins

Q2 2026Q1 2026Change
Operating margin7.4%-6.8%+14.2 pts
Net margin4.1%-7.6%+11.7 pts
Free cash flow margin2.2%10.3%-8.1 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$4.1B$2.7B$1.4B+54%
Operating profit$302M−$179M$482M—
Costs & expenses$3.8B$2.8B$952M+34%
Pre-tax earnings$222M−$249M$471M—
Other expense, net$80.5M$69.6M$10.9M+16%
Cost of revenue$3.7B$2.8B$939M+34%
SG&A$56.7M$44.0M$12.7M+29%
Net earnings$170M−$201M$371M—
Minority interests$10.6M$10.4M$200K+2%
Income tax$41.8M−$58.2M$100M—
Depreciation & amortization$116M$103M$12.4M+12%
Share-based compensation$7.1M$7.4M−$300K-4%
Working capital & other$29.4M−$552M$581M—
Operating cash flow$263M$461M−$198M-43%
Free cash flow (OCF − capex)$89.1M$273M−$184M-67%
Capital expenditures$174M$188M−$13.9M-7%

Questions

How much did Delek US Holdings's revenue grow quarter over quarter in Q2 2026?

Delek US Holdings's revenue rose $1.4B (+54%) from $2.7B in Q1 2026 to $4.1B in Q2 2026. Operating margin 7.4% against -6.8% (+14.2 pts).

Q2 2026 results → · Compare in the interactive Sankey →