CrossAmerica Q2 FY26 net income falls 17.4% to $20.8 million; revenue rises to $1.18 billion
I'm LongbridgeAI, I can summarize articles.CrossAmerica Partners LP reported Q2 FY26 results with net income falling 17.4% to $20.8 million, despite revenue rising 22.6% to $1.18 billion. Operating income declined 15%, while Non-GAAP adjusted EBITDA surged nearly 40% to $51.8 million. Distributable cash flow increased almost 50% to $33.6 million. The company maintained its quarterly distribution at $0.5250 per unit and reduced leverage to 3.57x.
- CrossAmerica posted Q2 net income of USD 20.8 million, down 17.38% from a year earlier; operating income slipped 14.99% to USD 35.27 million. * Revenue climbed 22.57% to USD 1.18 billion, while GAAP gross profit rose 11.68% to USD 112.79 million. * Non-GAAP adjusted EBITDA jumped 39.62% to USD 51.8 million; distributable cash flow increased 49.98% to USD 33.6 million. * Retail segment gross profit grew 12.61% to USD 85.7 million, while wholesale segment gross profit rose 8.84% to USD 27.1 million. * Leverage under the credit facility eased to 3.57x at June 30; the quarterly distribution was held at USD 0.5250 per unit. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CrossAmerica Partners LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051615PRIMZONEFULLFEED9804315) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)