Delek Logistics Q2 FY26 net income drops to $28.9 million; adjusted EBITDA climbs to $143.5 million - DKL News | RalliesDelek Logistics Q2 FY26 net income drops to $28.9 million; adjusted EBITDA climbs to $143.5 million
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DKL• Distribution and outlook
- Declared a quarterly distribution of $1.135 per unit, up 1.8%, marking its 54th consecutive quarterly increase.
- Reiterated 2026 EBITDA guidance of $520 million to $560 million; said the integrated sour gas system at the Libby Complex is nearing completion.
Q2 results and cash flow
- Delek Logistics posted Q2 net income of $28.9 million, down 35.2%, while diluted EPS fell 34.9% to $0.54.
- GAAP EBITDA rose to $120 million from $96.6 million; adjusted EBITDA climbed 12.64% to $143.5 million.
- Net cash from operations dropped 33.7% to $71.2 million, while distributable cash flow, as adjusted, increased to $80.5 million from $72.5 million.
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