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Segments

By segment

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Refining$629.92M+675%
Logistics$22.52M-5.1%
Retail$14.55M-30.0%

Other financials

Income statement

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Revenue$3.0B+56.8%
Gross profit$852.7M+184%
Net income$462.1M+677%
EPS (diluted)$9.35+699%

Balance sheet

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Cash & equivalents$192.4M+13.5%
Total debt$1.1B-28.2%
Total equity$2.0B+72.6%
Total assets$4.5B+16.4%

Cash flow

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Operating cash flow$282.6M+112%
CapEx$39.7M-17.5%
Free cash flow$242.9M+184%

Valuation

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Market cap$3.45B+147%
Enterprise value$4.4B+56.6%
P/E
P/S0.4×+0.2×

Profitability

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Gross margin23.1%+11.5pp
Operating margin13.4%
Net margin9.9%+9.7pp
FCF margin4.8%+4.4pp

Returns & leverage

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Return on equity54.7%+53.2pp
Debt / equity0.6×-0.8×
Current ratio1.8×+0.4×

Where this comes from

Reported directly by Par Pacific Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Par Pacific Holdings, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:51 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000821483-26-000014
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Par West redevelopment and other costs3,6764,6906,6618,672
Other operating loss (gain), net296(1,226)1,147(1,225)
Total operating expenses2,334,3161,796,6784,092,7443,557,490
Operating income634,55396,760699,87580,984
Other income (expense)
Interest expense and financing costs, net(14,268)(22,106)(30,202)(43,954)
Debt extinguishment and commitment costs(11,461)(11,523)(25)
Other expense, net(171)(163)(185)(534)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Par Pacific Holdings, Inc.'s operating income?
Par Pacific Holdings, Inc. (PARR) reported operating income of $634.55M in Q2 2026.
How has Par Pacific Holdings, Inc.'s operating income changed year-over-year?
Par Pacific Holdings, Inc.'s operating income increased by 555.8% year-over-year, from $96.76M to $634.55M.
What is the long-term trend for Par Pacific Holdings, Inc.'s operating income?
Over 2 years (2022 to 2025), Par Pacific Holdings, Inc.'s operating income has grown at a 10.9% compound annual growth rate (CAGR), from $437.9M to $538.76M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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