Filing Flows › Suburban Propane Partners LP (SPH) › How it makes money
How Suburban Propane Partners LP (SPH) makes money
Suburban Propane Partners LP (SPH) made $261M of revenue in the third quarter fiscal 2026 (Q3 FY26), +0.5% from a year earlier. Propane brought in $227M (87%); Other Sales Revenue Net brought in $18.2M (7%); Fuel Oil and Refined Fuels brought in $11.7M (4%).
Drawing the Sankey…
Revenue by segment, Q3 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Propane | $227M | 86.8% | -54% | 0% |
| Other Sales Revenue Net | $18.2M | 7.0% | -4% | -3% |
| Fuel Oil and Refined Fuels | $11.7M | 4.5% | -64% | +21% |
| Natural Gas and Electricity | $4.5M | 1.7% | -48% | -7% |
Where each dollar of revenue goes
| Line | Q3 FY26 | % of revenue |
|---|---|---|
| Revenue | $261M | 100.0% |
| Income tax | $182K | 0.1% |
| Operating cash flow | $71.0M | 27.2% |
| Free cash flow | $49.5M | 18.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 FY26 | $261M | +0.5% |
| Q2 FY26 | $551M | -6% |
| Q1 FY26 | $370M | -0.8% |
| Q4 FY25 | $211M | +1% |
| Q3 FY25 | $260M | +2% |
| Q2 FY25 | $588M | +18% |
| Q4 FY24 | $209M | -8% |
From Suburban Propane Partners LP's 10-Q filed Aug 6, 2026 (on EDGAR).
Questions
How does Suburban Propane Partners LP make money?
Suburban Propane Partners LP (SPH) made $261M of revenue in the third quarter fiscal 2026 (Q3 FY26), +0.5% from a year earlier. Propane brought in $227M (87%); Other Sales Revenue Net brought in $18.2M (7%); Fuel Oil and Refined Fuels brought in $11.7M (4%).
What is Suburban Propane Partners LP's biggest business?
Propane: $227M in the third quarter fiscal 2026, 87% of revenue, 0% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.