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PBF Energy (PBF) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

PBF Energy (PBF) reported revenue of $12.1B for the third quarter 2026 (Q3 2026), +59% from a year earlier and +4% from the quarter before. Operating margin was 17.3%, net earnings $1.5B (12.6% of revenue).

Revenue$12.1B
Year over year+59%
Quarter over quarter+4%
Operating margin17.3%
Net earnings$1.5B

PBF Energy, Q3 2026: revenue $12.1B (+59% year over year), operating margin 17.3%, net earnings $1.5B, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$12.1B+4%+59%
Operating profit$2.1B+65%+635%
Net earnings$1.5B+69%+799%
Operating cash flow$1.9B+18%73×
Free cash flow$1.8B+20%—

What changed

Revenue was $12.1B in Q3 2026, up 59% year over year and up 4% from the previous quarter.

Operating profit was $2.1B, a 17.3% margin (up 13.6 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 4% margin then. Total costs grew 36% against revenue growth of 59%. Net earnings were $1.5B, up 799% year over year. The effective tax rate was 24.6%.

Operating cash flow was $1.9B (up 7206% year over year), 122% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.15B. Capital expenditures of $0.12B left free cash flow of $1.8B.

Questions

What was PBF Energy's revenue in the third quarter 2026?

PBF Energy (PBF) reported revenue of $12.1B for the third quarter 2026 (Q3 2026), +59% from a year earlier and +4% from the quarter before.

Was PBF Energy profitable in the third quarter 2026?

Operating profit was $2.1B (17.3% of revenue) and net earnings $1.5B.

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Source: PBF Energy 10-Q on SEC EDGAR.