Filing Flows › Sunoco LP (SUN) › Q2 2026
Sunoco LP (SUN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Sunoco LP (SUN) reported revenue of $14.3B for the second quarter 2026 (Q2 2026), +165% from a year earlier and +33% from the quarter before. Operating margin was 4.1%, net earnings $283M (2.0% of revenue).
Sunoco LP, Q2 2026: revenue $14.3B (+164% year over year), operating margin 4.1%, net earnings $283M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.3B | +33% | +165% |
| Operating profit | $583M | -33% | +187% |
| Net earnings | $283M | -56% | +229% |
| Operating cash flow | $1.1B | +143% | +353% |
| Free cash flow | $928M | +264% | 11× |
What changed
Revenue was $14.3B in Q2 2026, up 165% year over year and up 33% from the previous quarter. Fuel was the largest line at 94% of revenue. Fuel added $8.4B year over year (up 168%), 95% of the total change.
Operating profit was $0.58B, a 4.1% margin (up 0.3 points year over year). Of the extra revenue versus Q2 2025, 4% reached operating profit, above the 4% margin then. Total costs grew 164% against revenue growth of 165%. The fastest-growing cost line was General & admin (+218%). Net earnings were $0.28B, up 229% year over year. The effective tax rate was 21.8%.
Operating cash flow was $1.1B (up 353% year over year), 389% of net earnings. Non-cash charges added back $0.28B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.53B. Capital expenditures of $0.17B left free cash flow of $0.93B.
Questions
What was Sunoco LP's revenue in the second quarter 2026?
Sunoco LP (SUN) reported revenue of $14.3B for the second quarter 2026 (Q2 2026), +165% from a year earlier and +33% from the quarter before.
Was Sunoco LP profitable in the second quarter 2026?
Operating profit was $583M (4.1% of revenue) and net earnings $283M.
Source: Sunoco LP 10-Q on SEC EDGAR.