Par Pacific Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 4, 2026, reporting third-quarter revenues of $3.05 billion and net income attributable to Par Pacific stockholders of $353.3 million.

Key Highlights

  • Quarterly revenue: Revenues of $3,052,435 thousand for the three months ended September 30, 2026, compared to $2,012,936 thousand in the same period of 2025, according to the filing.
  • Net income attributable to Par Pacific stockholders: $353,310 thousand for Q3 2026, versus $262,631 thousand in Q3 2025.
  • Diluted EPS: $7.11 per share for the three months ended September 30, 2026, compared to $5.16 for the same period in 2025.
  • Nine-month net income attributable to Par Pacific stockholders: $869,891 thousand for the nine months ended September 30, 2026, versus $291,691 thousand for the same period in 2025.
  • Total assets: $5,184,692 thousand at September 30, 2026, up from $3,833,689 thousand at December 31, 2025.
  • Cash and cash equivalents: $731,060 thousand at September 30, 2026, compared to $164,113 thousand at December 31, 2025.
  • Shares outstanding: 50,076,962 shares of common stock as of October 30, 2026, per the filing.

Par Pacific Q3 2026 Financial Results: Revenue, Income, and Balance Sheet Details

According to the Form 10-Q filed on NYSE:PARR, Par Pacific Holdings reported revenues of $3,052,435 thousand for the three months ended September 30, 2026. Cost of revenues (excluding depreciation) was $2,337,149 thousand, and operating income reached $472,140 thousand for the quarter. For the nine months ended September 30, 2026, the company reported revenues of $7,845,054 thousand and operating income of $1,172,015 thousand, compared to $5,651,410 thousand and $439,500 thousand, respectively, for the same period in 2025.

The filing disclosed income before income taxes of $464,904 thousand and income tax expense of $109,960 thousand for Q3 2026, resulting in net income of $354,944 thousand. Basic earnings per share attributable to Par Pacific stockholders were $7.27 for Q3 2026, with diluted earnings per share of $7.11. Interest expense and financing costs, net, were $6,967 thousand for the quarter, down from $21,272 thousand in Q3 2025. The company also recorded debt extinguishment and commitment costs of $11,395 thousand for the nine-month period ended September 30, 2026.

On the balance sheet, the company disclosed total stockholders' equity of $2,330,176 thousand at September 30, 2026, compared to $1,511,540 thousand at December 31, 2025. Inventories increased to $1,554,863 thousand from $1,228,787 thousand at year-end 2025. Long-term debt, net of current maturities, decreased to $495,096 thousand from $797,940 thousand at December 31, 2025. The filing reported 49,237,560 shares of common stock issued at September 30, 2026, down from 49,685,138 shares at December 31, 2025.

What Was Disclosed

Par Pacific Holdings filed its quarterly report covering the period ended September 30, 2026, disclosing revenues, income, per-share results, and balance sheet figures for both the three- and nine-month periods, along with share counts and cash positions as of the reporting date.