--- title: "Murphy USA | 8-K: FY2026 Q2 Revenue: USD 6.806 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/295018641.md" datetime: "2026-08-05T21:24:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295018641.md) - [en](https://longbridge.com/en/news/295018641.md) - [zh-HK](https://longbridge.com/zh-HK/news/295018641.md) generator: "portal-rs" --- # Murphy USA | 8-K: FY2026 Q2 Revenue: USD 6.806 B Revenue: As of FY2026 Q2, the actual value is USD 6.806 B. EPS: As of FY2026 Q2, the actual value is USD 11.27, beating the estimate of USD 9.87. EBIT: As of FY2026 Q2, the actual value is USD 306.9 M. ### Financial Performance Summary (Q2 2026 vs. Q2 2025 and YTD 2026 vs. YTD 2025) #### Net Income - Net income for Q2 2026 was $209.1 million, an increase from $145.6 million in Q2 2025. - Year-to-date (YTD) 2026 net income was $345.4 million, up from $198.8 million in YTD 2025. #### Adjusted EBITDA - Adjusted EBITDA for Q2 2026 was $377.3 million, an increase from $286.0 million in Q2 2025. - YTD 2026 Adjusted EBITDA was $655.2 million, up from $443.4 million in YTD 2025. #### Fuel Segment - **Total Fuel Contribution (Dollars):** - Q2 2026 total fuel contribution was $518.8 million, a 32.0% increase from $393.0 million in Q2 2025. - YTD 2026 total fuel contribution reached $922.7 million, up from $680.3 million in YTD 2025. - **Total Fuel Contribution (Cents Per Gallon - cpg):** - Q2 2026 total fuel contribution was 40.6 cpg, compared to 32.0 cpg in Q2 2025. - YTD 2026 total fuel contribution was 37.9 cpg, compared to 28.8 cpg in YTD 2025. - **Retail Fuel Volume (Chain):** Retail fuel volume across the chain increased 3.9% in Q2 2026 compared to Q2 2025, totaling 1,277.6 million gallons. - **Retail Fuel Volume (Same Store Sales - SSS):** Retail fuel volume on a same-store sales basis increased 0.5% in Q2 2026 compared to Q2 2025. - **Retail Fuel Margin (cpg):** - Q2 2026 retail fuel margin was 35.1 cpg, a 20.2% increase from 29.2 cpg in Q2 2025. - YTD 2026 retail fuel margin was 30.5 cpg, compared to 26.6 cpg in YTD 2025. - **Fuel Supply including RINs contribution (cpg):** - Q2 2026 fuel supply including RINs contribution was 5.5 cpg, compared to 2.8 cpg in Q2 2025. - YTD 2026 fuel supply including RINs contribution was 7.4 cpg, compared to 2.2 cpg in YTD 2025. #### Merchandise Segment - **Total Merchandise Contribution (Dollars):** - Q2 2026 total merchandise contribution was $227.4 million, a 4.0% increase from $218.7 million in Q2 2025. - YTD 2026 total merchandise contribution was $437.6 million, up from $414.6 million in YTD 2025. - **Merchandise Unit Margin:** - Merchandise unit margin was 20.1% in Q2 2026, compared to 20.0% in Q2 2025. - YTD 2026 merchandise unit margin was 20.1%, compared to 19.8% in YTD 2025. - **Total Merchandise Sales ($ Millions):** - Q2 2026 total merchandise sales were $1,132.1 million, up from $1,092.4 million in Q2 2025. - YTD 2026 total merchandise sales were $2,181.3 million, up from $2,091.8 million in YTD 2025. - **Total Merchandise Contribution (SSS):** Total merchandise contribution on a same-store sales basis increased 2.2% in Q2 2026 compared to the prior-year quarter. - **Nicotine Contribution (SSS):** Nicotine contribution on a same-store sales basis increased 6.1% in Q2 2026 compared to Q2 2025. - **Non-nicotine Contribution (SSS):** Non-nicotine contribution on a same-store sales basis increased 2.9% in Q2 2026 compared to Q2 2025. #### Operating Expenses - **Total Store and Other Operating Expenses:** - Q2 2026 total store and other operating expenses were $308.7 million, up from $275.2 million in Q2 2025. - YTD 2026 total store and other operating expenses were $588.5 million, up from $541.3 million in YTD 2025. - **Store OPEX excluding payment fees and rent ($K APSM):** - Store OPEX excluding payment fees and rent was $36.5 (thousand per average store per month) in Q2 2026, up from $36.1 in Q2 2025. - YTD 2026 store OPEX excluding payment fees and rent was $35.9, up from $35.6 in YTD 2025. - **Total SG&A Costs:** - Q2 2026 total SG&A costs were $60.5 million, up from $50.9 million in Q2 2025. - YTD 2026 total SG&A costs were $117.1 million, up from $111.0 million in YTD 2025. #### Other Financial Metrics - **Cash and Cash Equivalents:** Cash and cash equivalents were $175.4 million as of June 30, 2026, compared to $54.1 million as of June 30, 2025. - **Long-term Debt:** Long-term debt stood at $2,167.0 million as of June 30, 2026, compared to $2,066.7 million as of June 30, 2025. - **Dividends Paid:** Dividends paid in Q2 2026 totaled $11.8 million, representing a 28.0% year-over-year increase. Year-to-date, $23.5 million in dividends were paid. - **Share Repurchases:** Approximately 143.1 thousand common shares were repurchased for $76.8 million in Q2 2026. As of June 30, 2026, $145.1 million remained under the 2023 authorization, and $2.0 billion capacity was available under the 2025 authorization. - **Effective Income Tax Rate:** The effective income tax rate for Q2 2026 was 24.7%, compared to 24.4% in Q2 2025. - **Net Cash Provided by Operating Activities:** - Net cash provided by operating activities was $235.0 million in Q2 2026, compared to $255.1 million in Q2 2025. - YTD 2026 net cash provided by operating activities was $555.0 million, compared to $383.6 million in YTD 2025. - **Net Cash Required by Investing Activities:** - Net cash required by investing activities was - $101.3 million in Q2 2026, compared to - $116.6 million in Q2 2025. - YTD 2026 net cash required by investing activities was - $199.8 million, compared to - $204.3 million in YTD 2025. - **Net Cash Required by Financing Activities:** - Net cash required by financing activities was - $76.9 million in Q2 2026, compared to - $133.8 million in Q2 2025. - YTD 2026 net cash required by financing activities was - $208.7 million, compared to - $172.2 million in YTD 2025. - **Property Additions (Capital Expenditures):** - Property additions were - $111.7 million in Q2 2026, compared to - $118.0 million in Q2 2025. - YTD 2026 property additions were - $210.0 million, compared to - $205.8 million in YTD 2025. #### Store Operations - **Store Count:** Murphy USA Inc. operated 1,806 stores as of June 30, 2026. - **Net Change in Stores (Q2 2026):** In Q2 2026, 6 new-to-industry (NTI) stores opened and 3 stores closed, resulting in a net change of 3 stores. - **Net Change in Stores (YTD 2026):** Year-to-date 2026, 12 NTI stores opened and 6 stores closed, resulting in a net change of 6 stores. - **Raze-and-rebuilds reopened:** 5 raze-and-rebuilds reopened in Q2 2026, and 6 year-to-date 2026. - **Stores Under Construction at End of Q2:** At the end of Q2 2026, 32 NTI stores and 4 raze-and-rebuilds were under construction, totaling 36 stores. #### 2026 Guidance Update Murphy USA Inc. expects to maintain its original guidance range for retail fuel volume per store and same-store percentage metrics, though this depends on the macro fuel environment. The company anticipates merchandise margin, store OPEX (excluding payment fees and rent), and SG&A costs to be at the low end of their guided ranges. Conversely, the effective tax rate is expected to be at the higher end, and capital expenditures are projected to be at the high end, with approximately 45 new NTI stores and 10 raze-and-rebuilds planned for the year. ### Related Stocks - [MUSA.US](https://longbridge.com/en/quote/MUSA.US.md) ## Related News & Research - [Murphy USA director Rosemary Turner sells 966 shares for $552,436.08](https://longbridge.com/en/news/296539756.md) - [Murphy USA Director Sold Shares Worth Over $552K](https://longbridge.com/en/news/296540147.md) - [Sparebank 68 Grader Nord sets new bond interest rate at 5.2% for upcoming period](https://longbridge.com/en/news/296612494.md) - [Sparebank 68 Grader Nord sets new bond interest rate at 5.44%](https://longbridge.com/en/news/296486933.md) - [Murphy USA Debuts Automated Retail Technologies Foodservice Platform Featuring White Castle | MUSA Stock News](https://longbridge.com/en/news/296533815.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**