Par Pacific Holdings, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $1.82B | $1.81B | $2.01B | $1.89B | $1.75B | $1.83B | $2.14B |
| Cost of Revenue | $2.12B | $1.56B | $1.50B | $1.45B | $1.59B | $1.56B | $1.68B | $1.91B |
| Gross Profit | $852.7M | $265.2M | $310.0M | $559.2M | $300.0M | $185.7M | $153.9M | $238.7M |
| Gross Margin | 28.7% | 14.5% | 17.1% | 27.8% | 15.8% | 10.6% | 8.4% | 11.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $28.0M | $24.9M | $26.3M | $24.2M | $23.6M | $24.2M | $21.5M | $22.4M |
| Operating Income | $634.6M | $65.3M | $99.3M | $358.5M | $96.8M | $-15.8M | $-47.0M | $36.4M |
| Operating Margin | 21.4% | 3.6% | 5.5% | 17.8% | 5.1% | -0.9% | -2.6% | 1.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $607.0M | $58.5M | $93.5M | $345.3M | $76.3M | $-37.3M | $-71.9M | $13.9M |
| Income Tax Expense | $144.0M | $12.3M | $18.1M | $82.7M | $16.9M | $-6.9M | $-16.2M | $6.5M |
| Net Income | $462.1M | $54.5M | $77.7M | $262.6M | $59.5M | $-30.4M | $-55.7M | $7.5M |
| Net Margin | 15.6% | 3.0% | 4.3% | 13.0% | 3.1% | -1.7% | -3.0% | 0.3% |
| EPS (Basic) | $9.53 | $1.12 | $1.38 | $5.29 | $1.18 | $-0.57 | $-0.99 | $0.13 |
| EPS (Diluted) | $9.35 | $1.10 | $1.40 | $5.16 | $1.17 | $-0.57 | $-0.98 | $0.13 |
| Shares Outstanding (Basic) | 48.5M | 48.4M | 50.7M | 49.6M | 50.4M | 53.8M | 56.8M | 55.7M |
| Shares Outstanding (Diluted) | 49.4M | 49.6M | 51.6M | 50.9M | 50.8M | 53.8M | 56.8M | 56.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |