PAR PACIFIC HOLDINGS, INC. 2026: Revenue $2.97B, EPS $9.35— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Par Pacific Holdings reported Q2 2026 results with revenue of $2.97B and diluted EPS of $9.35, marking significant year-over-year growth driven by stronger refining margins and higher product sales. Net income surged to $462.13M. Key operational updates include the Wyoming refinery's return to full operations and progress at Hawaii and Washington facilities.
Par Pacific Holdings, Inc. reported results for the 2026 quarter with revenue of $2.97B and diluted EPS of $9.35, driven by stronger refining margins and higher refined product sales versus the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $2.97B | $1.89B | 56.8% |
| Net income² | $462.13M | $59.46M | 677.2% |
| Diluted EPS³ | $9.35 | $1.17 | 699.1% |
¹ Reported as “Revenues”. ² Reported as “Net income attributable to Par Pacific stockholders”. ³ Reported as “Income attributable to Par Pacific stockholders per share”.
Business Highlights
- Revenue growth and margin recovery: Refining revenue increased sharply year over year as wider crack spreads boosted Adjusted Gross Margin and operating income.
- Channel mix shift: The refining segment accounted for a larger share of results while retail volumes were slightly down and retail fuel margins were reduced despite higher retail prices.
- Operational milestones: The Wyoming refinery returned to full crude operations following a February 2025 incident and related repairs; turnarounds progressed at Hawaii and Washington facilities.
- Production & throughput: Total refining throughput remained steady year over year with higher refined product sales volumes and improved per-barrel metrics.
- Renewables & JV progress: The Hawaii renewables joint venture advanced operations, with activity at the renewables hydrotreater and manufacturing supporting long-term fuel diversification.
Original SEC Filing: PAR PACIFIC HOLDINGS, INC. [ PARR ] - 10-Q - Aug. 05, 2026