Filing Flows › Delek Logistics Partners, LP (DKL) › Q3 2026
Delek Logistics Partners, LP (DKL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Delek Logistics Partners, LP (DKL) reported revenue of $372M for the third quarter 2026 (Q3 2026), +43% from a year earlier and -3% from the quarter before. Operating margin was 14.4%, net earnings $47.4M (12.7% of revenue).
Delek Logistics Partners, LP, Q3 2026: revenue $372M (+42% year over year), operating margin 14.4%, net earnings $47.4M, operating cash flow $188M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $372M | -3% | +43% |
| Operating profit | $53.5M | -14% | +18% |
| Net earnings | $47.4M | +64% | +4% |
| Operating cash flow | $188M | +164% | +242% |
| Free cash flow | $129M | 11× | — |
What changed
Revenue was $372.4M in Q3 2026, up 43% year over year and down 3% from the previous quarter. Gathering and Processing was the largest line at 55% of revenue. Gathering and Processing added $71.7M year over year (up 54%), 64% of the total change.
Operating profit was $53.5M, a 14.4% margin (down 3.0 points year over year). Of the extra revenue versus Q3 2025, 7% reached operating profit, below the 17% margin then. Total costs grew 48% against revenue growth of 43%. The fastest-growing cost line was Cost of revenue (+51%). Net earnings were $47.4M, up 4% year over year. The effective tax rate was 0.9%.
Operating cash flow was $187.9M (up 242% year over year), 396% of net earnings. Non-cash charges added back $38.5M of depreciation and amortization. Working capital and other items added $102.0M. Capital expenditures of $59.1M left free cash flow of $128.8M.
Questions
What was Delek Logistics Partners, LP's revenue in the third quarter 2026?
Delek Logistics Partners, LP (DKL) reported revenue of $372M for the third quarter 2026 (Q3 2026), +43% from a year earlier and -3% from the quarter before.
Was Delek Logistics Partners, LP profitable in the third quarter 2026?
Operating profit was $53.5M (14.4% of revenue) and net earnings $47.4M.