Delek Logistics Partners, LP (NYSE:DKL) filed its Form 10-Q for the quarterly period ended September 30, 2026, disclosing nine-month net income of $108.641 million and third-quarter net revenues of $372.443 million.

Key Highlights

  • Third-quarter net income: $47.418 million, compared to $45.560 million in the same period of 2025, according to the filing.
  • Nine-month net revenues: $1.054669 billion for the nine months ended September 30, 2026, up from $757.557 million in the prior-year period.
  • Basic and diluted EPS: Third-quarter net income per unit was $0.85 basic and $0.85 diluted; nine-month basic was $2.01 and diluted was $2.00.
  • Unit issuance: 24,302,578 public common units were issued and outstanding at September 30, 2026, up from 19,643,923 at December 31, 2025, with proceeds from unit issuance of $220.239 million recorded in the nine-month period.
  • Long-term debt: Long-term debt, net of current portion, stood at $2.125612 billion at September 30, 2026, compared to $2.344420 billion at December 31, 2025.
  • Total assets: $2.922060 billion at September 30, 2026, compared to $2.779268 billion at December 31, 2025.
  • Cash distributions: The partnership paid $180.660 million in cash distributions during the nine months ended September 30, 2026.

Delek Logistics Q3 2026 Financial Results: Revenue Growth and Debt Reduction

Delek Logistics Partners, LP reported total net revenues of $372.443 million for the three months ended September 30, 2026, compared to $261.277 million in the same quarter of 2025, according to the filing. Affiliate revenues accounted for $184.201 million and third-party revenues for $188.242 million of the quarterly total. For the nine-month period, net revenues reached $1.054669 billion, up from $757.557 million in the first nine months of 2025.

Operating income for the third quarter was $53.471 million, compared to $45.368 million in the prior-year quarter, the filing disclosed. Nine-month operating income was $155.376 million versus $145.403 million in 2025. Total non-operating expenses for the third quarter were $5.614 million, compared to non-operating income of $0.536 million in Q3 2025, driven in part by interest expense of $49.383 million partially offset by interest income of $23.211 million and income from equity method investments of $20.581 million. Nine-month interest expense totaled $171.065 million, up from $130.803 million in the year-ago period.

At September 30, 2026, total partners' equity was $139.603 million, compared to $6.114 million at December 31, 2025, the filing stated. Cash and cash equivalents grew to $49.001 million from $10.892 million at year-end 2025. The partnership reported 57,811,596 common limited partner units outstanding as of October 30, 2026. During the nine-month period, the partnership also transferred units from Delek Holdings held in treasury, recording a $19.000 million reduction in Delek Holdings partners' equity.

What Was Disclosed

Delek Logistics Partners, LP filed its quarterly 10-Q for the period ended September 30, 2026, reporting nine-month net income of $108.641 million, quarterly net revenues of $372.443 million, total assets of $2.922060 billion, and long-term debt of $2.125612 billion.