Q2 FY2026 EarningsQ2 FY26 results showed a significant top-line beat but missed bottom-line consensus. Net revenue of $4,087.0M exceeded the $3,590.2M estimate (+13.84%), driven by sharply higher refined product prices and increased logistics activity. However, Diluted EPS of $2.71 missed the $2.97 mean expectation (-8.75%), as operating income was pressured by higher cost of materials and G&A expenses of $56.7M that exceeded the ~$49.5M expectation. Management provided a positive catalyst post-quarter with the EPA granting a full RFS exemption for the Krotz Springs refinery, which should provide a tailwind for H2 FY26.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Delek US(DK) the Revenue is 4.087 B (+47.83%), Beat estimate;the EBIT is 302.4 M (+1003%), Miss estimate;the EPS is 2.71 (+254.9%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
4.09B47.83%
3.59B29.86%
+0.50B17.97%
EBITMiss expectations
0.30B1002.69%
0.32B1058.39%
-0.02B55.70%
EPSMiss expectations
2.71254.86%
2.97269.71%
-0.260014.85%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf