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Par Pacific Holdings, Inc. PARR Refining — Operating Income (Loss)

Other segment segments

Logistics
$22.52M-5.1%
Retail
$14.55M-30.0%

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Other financials

Income statement

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Revenue$3.0B+56.8%
Gross profit$852.7M+184%
Operating income$634.6M+556%
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
Three Months Ended June 30, 2026RefiningLogisticsRetailCorporate, Eliminations and Other (1)Total
Acquisition and integration costs
Par West redevelopment and other costs3,6763,676
Other operating loss, net144152296
Operating income (loss)$629,916$22,519$14,553$(32,435)$634,553
Interest expense and financing costs, net(14,268)
Debt extinguishment and commitment costs(11,461)
Other loss, net(171)
Equity losses from Laramie Energy, LLC(1,666)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Par Pacific Holdings, Inc.'s refining — operating income (loss)?
Par Pacific Holdings, Inc. (PARR) reported refining — operating income (loss) of $629.92M in Q2 2026.
How has Par Pacific Holdings, Inc.'s refining — operating income (loss) changed year-over-year?
Par Pacific Holdings, Inc.'s refining — operating income (loss) increased by 674.6% year-over-year, from $81.32M to $629.92M.
What is the long-term trend for Par Pacific Holdings, Inc.'s refining — operating income (loss)?
Over 2 years (2022 to 2025), Par Pacific Holdings, Inc.'s refining — operating income (loss) has grown at a 10.1% compound annual growth rate (CAGR), from $401.9M to $487.03M.
What does refining — operating income (loss) mean?
Measures the core profitability of the refining segment by subtracting all operating expenses, including depreciation, from total revenues. This is the primary metric for evaluating the operational success and competitive health of the refining business. It excludes interest, taxes, and non-operating items to focus strictly on the segment's ability to generate profit from its core activities.

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