Par Pacific Holdings reported net income of $462.1 million for the second quarter of 2026, compared with $59.5 million for the same quarter in 2025, the company said on its earnings call Wednesday. The second quarter ended June 30.
Second-quarter 2026 adjusted net income was $499.2 million, compared with $78.3 million in the second quarter of 2025.
Second-quarter 2026 adjusted EBITDA was $571.3 million, compared with $137.8 million in the second quarter of 2025.
- Par Pacific Holdings Inc. No. 60 on CSP’s 2026 Top 202 ranking of convenience-store chains by U.S. store count.
“Our second-quarter financial results reflect strong operational and commercial execution in a constructive market,” said Will Monteleone, president and CEO of the Houston-based company. “With our annual turnaround maintenance substantially complete, we are well positioned to capitalize on the current favorable margin environment.”
The retail segment reported operating income of $14.6 million in the second quarter of 2026, compared with $20.8 million in the second quarter of 2025. Adjusted gross margin for the retail segment was $40.7 million in the second quarter of 2026, compared with $43.6 million in the same quarter of 2025.
Retail segment adjusted EBITDA was $17.3 million in the second quarter of 2026, compared with $23.3 million in the second quarter of 2025.
The retail segment reported fuel sales volumes of 30.7 million gallons in the second quarter of 2026, compared with 30.8 million gallons in the same quarter of 2025. Second-quarter 2026 same-store fuel volumes declined by 0.8% and inside sales revenue increased by 1%, compared with the second quarter of 2025.
Par Pacific operates convenience stores in the Pacific Northwest and the Hawaiian Islands. In Hawaii, its retail brand Hele provides fuel, food and other convenience goods. In the Pacific Northwest, its Nomnom brand offers fuel, convenience items and local foodservice favorites.
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