Filing Flows › Star Group, L.P. (SGU) › Q2 FY26
Star Group, L.P. (SGU) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 6, 2026
Star Group, L.P. (SGU) reported revenue of $767M for the second quarter fiscal 2026 (Q2 FY26), +3% from a year earlier and +42% from the quarter before. Operating margin was 20.5%, net earnings $108M (14.1% of revenue).
Star Group, L.P., Q2 FY26: revenue $767M (+3% year over year), operating margin 20.5%, net earnings $108M, operating cash flow −$5.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $767M | +42% | +3% |
| Operating profit | $157M | +190% | +25% |
| Net earnings | $108M | +203% | +26% |
| Operating cash flow | −$5.9M | — | -112% |
What changed
Revenue was $766.7M in Q2 FY26, up 3% year over year and up 42% from the previous quarter. Home Heating Oil and Propane was the largest line at 79% of revenue. Home Heating Oil and Propane added $20.8M year over year (up 4%), 88% of the total change. Equipment Maintenance Service Contracts declined 3%.
Operating profit was $157.2M, a 20.5% margin (up 3.6 points year over year). Of the extra revenue versus Q2 FY25, 134% reached operating profit, above the 17% margin then. The fastest-growing cost line was Other operating costs (+376%). Net earnings were $108.3M, up 26% year over year. The effective tax rate was 29.1%.
Operating cash flow was −$5.9M. Non-cash charges added back $8.6M of depreciation and amortization. Working capital and other items used $122.7M. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$9.1M.
Questions
What was Star Group, L.P.'s revenue in the second quarter fiscal 2026?
Star Group, L.P.
Was Star Group, L.P. profitable in the second quarter fiscal 2026?
Operating profit was $157M (20.5% of revenue) and net earnings $108M.
Source: Star Group, L.P. 10-Q on SEC EDGAR.