Filing Flows › PAR Pacific Holdings (PARR) › How it makes money
How PAR Pacific Holdings (PARR) makes money
PAR Pacific Holdings (PARR) made $3.1B of revenue in the third quarter 2026 (Q3 2026), +52% from a year earlier. Fuel Revenue brought in $2.9B (96%); Other Revenue brought in $117M (4%). Of every dollar of revenue, 15¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Fuel Revenue | $2.9B | 96.2% | +1% | +51% |
| Other Revenue | $117M | 3.8% | +90% | +70% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $3.1B | 100.0% |
| Operating profit | $472M | 15.5% |
| Income tax | $110M | 3.6% |
| Net earnings | $355M | 11.6% |
| Operating cash flow | $839M | 27.5% |
| Free cash flow | $801M | 26.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.1B | +52% |
| Q2 2026 | $3.0B | +57% |
| Q1 2026 | $1.8B | +4% |
| Q4 2025 | $1.8B | -1% |
| Q3 2025 | $2.0B | -6% |
| Q2 2025 | $1.9B | -6% |
| Q1 2025 | $1.7B | -12% |
From PAR Pacific Holdings' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does PAR Pacific Holdings make money?
PAR Pacific Holdings (PARR) made $3.1B of revenue in the third quarter 2026 (Q3 2026), +52% from a year earlier. Fuel Revenue brought in $2.9B (96%); Other Revenue brought in $117M (4%). Of every dollar of revenue, 15¢ was left as operating profit, 12¢ was left as net earnings.
What is PAR Pacific Holdings' biggest business?
Fuel Revenue: $2.9B in the third quarter 2026, 96% of revenue, +51% from a year earlier.
What is PAR Pacific Holdings' profit margin?
Net earnings were $355M, 11.6% of revenue, in the third quarter 2026; the operating margin was 15.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.