CrossAmerica Q2 FY26 net income falls 17.4% to $20.8 million; revenue rises to $1.18 billion - CAPL News | RalliesCrossAmerica Q2 FY26 net income falls 17.4% to $20.8 million; revenue rises to $1.18 billion
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CAPL• Q2 FY26 results
- CrossAmerica posted Q2 net income of $20.8 million, down 17.38% from a year earlier; operating income slipped 14.99% to $35.27 million.
- Revenue climbed 22.57% to $1.18 billion, while GAAP gross profit rose 11.68% to $112.79 million.
- Non-GAAP adjusted EBITDA jumped 39.62% to $51.8 million; distributable cash flow increased 49.98% to $33.6 million.
- Retail segment gross profit grew 12.61% to $85.7 million, while wholesale segment gross profit rose 8.84% to $27.1 million.
- Leverage under the credit facility eased to 3.57x at June 30; the quarterly distribution was held at $0.5250 per unit.