Filing Flows › Star Group, L.P. (SGU) › Q1 FY26
Star Group, L.P. (SGU) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 4, 2026
Star Group, L.P. (SGU) reported revenue of $539M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +118% from the quarter before. Operating margin was 10.1%, net earnings $35.8M (6.6% of revenue).
Star Group, L.P., Q1 FY26: revenue $539M (+10% year over year), operating margin 10.1%, net earnings $35.8M, operating cash flow −$55.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $539M | +118% | +10% |
| Operating profit | $54.2M | — | +10% |
| Net earnings | $35.8M | — | +9% |
| Operating cash flow | −$55.2M | -483% | — |
What changed
Revenue was $539.3M in Q1 FY26, up 10% year over year and up 118% from the previous quarter. Home Heating Oil and Propane was the largest line at 69% of revenue. Home Heating Oil and Propane added $49.7M year over year (up 15%), 97% of the total change. Equipment Maintenance Service Contracts declined 2%.
Operating profit was $54.2M, a 10.1% margin (unchanged year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, below the 10% margin then. The fastest-growing cost line was Other operating costs (+371%). Net earnings were $35.8M, up 9% year over year. The effective tax rate was 28.6%.
Operating cash flow was −$55.2M. Non-cash charges added back $9.0M of depreciation and amortization. Working capital and other items used $100.0M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$59.7M.
Questions
What was Star Group, L.P.'s revenue in the first quarter fiscal 2026?
Star Group, L.P.
Was Star Group, L.P. profitable in the first quarter fiscal 2026?
Operating profit was $54.2M (10.1% of revenue) and net earnings $35.8M.
Source: Star Group, L.P. 10-Q on SEC EDGAR.