Filing Flows › PAR Pacific Holdings (PARR) › Q1 2026
PAR Pacific Holdings (PARR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
PAR Pacific Holdings (PARR) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +5% from a year earlier and +0.6% from the quarter before. Operating margin was 3.6%, net earnings $54.5M (3.0% of revenue).
PAR Pacific Holdings, Q1 2026: revenue $1.8B (+4% year over year), operating margin 3.6%, net earnings $54.5M, operating cash flow −$40.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +0.6% | +5% |
| Operating profit | $65.3M | -34% | — |
| Net earnings | $54.5M | -30% | — |
| Operating cash flow | −$40.7M | -143% | — |
What changed
Revenue was $1.8B in Q1 2026, up 5% year over year and up 1% from the previous quarter. Fuel Revenue was the largest line at 97% of revenue. Fuel Revenue added $0.13B year over year (up 8%), 161% of the total change. Other Revenue declined 44%.
Operating profit was $0.07B, a 3.6% margin (up 4.5 points year over year). Total costs fell 0% while revenue rose 5%. Net earnings were $0.05B ($0.05B including minority interests, which bore $0.01B of losses). The effective tax rate was 21.1%.
Operating cash flow was −$0.04B. Non-cash charges added back $0.03B of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.08B.
Questions
What was PAR Pacific Holdings' revenue in the first quarter 2026?
PAR Pacific Holdings (PARR) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +5% from a year earlier and +0.6% from the quarter before.
Was PAR Pacific Holdings profitable in the first quarter 2026?
Operating profit was $65.3M (3.6% of revenue) and net earnings $54.5M.