Filing Flows › Delek Logistics Partners, LP (DKL) › Q2 2026
Delek Logistics Partners, LP (DKL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Delek Logistics Partners, LP (DKL) reported revenue of $385M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +29% from the quarter before. Operating margin was 16.1%, net earnings $28.9M (7.5% of revenue).
Delek Logistics Partners, LP, Q2 2026: revenue $385M (+56% year over year), operating margin 16.1%, net earnings $28.9M, operating cash flow $71.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $385M | +29% | +56% |
| Operating profit | $61.9M | +55% | +18% |
| Net earnings | $28.9M | -11% | -35% |
| Operating cash flow | $71.2M | -58% | -34% |
| Free cash flow | $11.7M | -90% | — |
What changed
Revenue was $384.8M in Q2 2026, up 56% year over year and up 29% from the previous quarter. Gathering and Processing was the largest line at 51% of revenue. Gathering and Processing added $77.4M year over year (up 66%), 56% of the total change.
Operating profit was $61.9M, a 16.1% margin (down 5.2 points year over year). Of the extra revenue versus Q2 2025, 7% reached operating profit, below the 21% margin then. Total costs grew 66% against revenue growth of 56%. The fastest-growing cost line was Cost of revenue (+74%). Net earnings were $28.9M, down 35% year over year. The effective tax rate was 0.0%.
Operating cash flow was $71.2M (down 34% year over year), 247% of net earnings. Non-cash charges added back $37.4M of depreciation and amortization. Working capital and other items added $4.9M. Capital expenditures of $59.5M left free cash flow of $11.7M.
Questions
What was Delek Logistics Partners, LP's revenue in the second quarter 2026?
Delek Logistics Partners, LP (DKL) reported revenue of $385M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +29% from the quarter before.
Was Delek Logistics Partners, LP profitable in the second quarter 2026?
Operating profit was $61.9M (16.1% of revenue) and net earnings $28.9M.