Filing Flows › PAR Pacific Holdings (PARR) › Q3 2026
PAR Pacific Holdings (PARR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
PAR Pacific Holdings (PARR) reported revenue of $3.1B for the third quarter 2026 (Q3 2026), +52% from a year earlier and +3% from the quarter before. Operating margin was 15.5%, net earnings $355M (11.6% of revenue).
PAR Pacific Holdings, Q3 2026: revenue $3.1B (+52% year over year), operating margin 15.5%, net earnings $355M, operating cash flow $839M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | +3% | +52% |
| Operating profit | $472M | -26% | +32% |
| Net earnings | $355M | -23% | +35% |
| Operating cash flow | $839M | +197% | +282% |
| Free cash flow | $801M | +230% | +328% |
What changed
Revenue was $3.1B in Q3 2026, up 52% year over year and up 3% from the previous quarter. Fuel Revenue was the largest line at 96% of revenue. Fuel Revenue added $1.0B year over year (up 51%), 95% of the total change.
Operating profit was $0.47B, a 15.5% margin (down 2.3 points year over year). Of the extra revenue versus Q3 2025, 11% reached operating profit, below the 18% margin then. Total costs grew 56% against revenue growth of 52%. The fastest-growing cost line was Cost of revenue (+61%). Net earnings were $0.35B, up 35% year over year. The effective tax rate was 23.7%.
Operating cash flow was $0.84B (up 282% year over year), 236% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $0.44B. Capital expenditures of $0.04B left free cash flow of $0.80B.
Questions
What was PAR Pacific Holdings' revenue in the third quarter 2026?
PAR Pacific Holdings (PARR) reported revenue of $3.1B for the third quarter 2026 (Q3 2026), +52% from a year earlier and +3% from the quarter before.
Was PAR Pacific Holdings profitable in the third quarter 2026?
Operating profit was $472M (15.5% of revenue) and net earnings $355M.