Delek US Q2 FY26 turns to profit at $169.5 million; adjusted EBITDA rises to $638.7 million - DK News | RalliesDelek US Q2 FY26 turns to profit at $169.5 million; adjusted EBITDA rises to $638.7 million
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DK• Balance sheet and liquidity
- Cash was $628.6 million at quarter-end; total long-term debt was $3.19 billion, with net debt of $2.56 billion.
Refining and logistics results improve
- Refining adjusted EBITDA jumped to $566.2 million from $114.8 million on higher crack spreads; logistics rose to $143.5 million from $127.4 million.
Quarterly profit and EBITDA rise sharply
- Delek US posts Q2 2026 profit of $169.5 million, or $2.71 a share, swinging from a year-ago loss.
- Adjusted EBITDA climbed to $638.7 million from $177.9 million a year earlier; adjusted EPS rose to $5.48 from a loss.
- Net revenues increased 47.8% to $4.09 billion; operating income rose to $302.4 million from an operating loss.
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