Filing Flows › Star Group, L.P. (SGU) › Q3 FY25
Star Group, L.P. (SGU) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 6, 2025
Star Group, L.P. (SGU) reported revenue of $306M for the third quarter fiscal 2025 (Q3 FY25), -8% from a year earlier and -59% from the quarter before. Operating margin was -6.3%, net loss $16.6M (5.4% of revenue).
Star Group, L.P., Q3 FY25: revenue $306M (-8% year over year), operating margin -6.3%, net loss $16.6M, operating cash flow $72.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | -59% | -8% |
| Operating profit | −$19.2M | -115% | — |
| Net earnings | −$16.6M | -119% | — |
| Operating cash flow | $72.5M | +49% | -7% |
| Free cash flow | $68.7M | +49% | -10% |
What changed
Revenue was $305.6M in Q3 FY25, down 8% year over year and down 59% from the previous quarter. Home Heating Oil and Propane was the largest line at 45% of revenue. Home Heating Oil and Propane lost $19.0M year over year (down 12%), 73% of the total change.
Gross margin was 28.1%, up 1.5 points from a year earlier. Operating costs exceeded revenue by $19.2M, an operating margin of -6.3%. Operating expenses grew 4% against a revenue fall of 8%. The quarter ended with a net loss of $16.6M, after a profit of $85.9M the previous quarter.
Operating cash flow was $72.5M (down 7% year over year). Non-cash charges added back $9.5M of depreciation and amortization. Working capital and other items added $79.7M. Capital expenditures of $3.8M left free cash flow of $68.7M.
Questions
What was Star Group, L.P.'s revenue in the third quarter fiscal 2025?
Star Group, L.P.
Was Star Group, L.P. profitable in the third quarter fiscal 2025?
Operating loss was $19.2M (-6.3% of revenue) and net loss $16.6M.
Source: Star Group, L.P. 10-Q on SEC EDGAR.