10-Q quarterly report · filed Apr 29, 2026

Delek US Holdings, Inc. (DK) Q1 2026 10-Q Quarterly Report

Short answer

Delek US Holdings, Inc. (DK) filed its Q1 2026 10-Q quarterly report on Apr 29, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2.7B (up 0.4% year over year) with net income of −$201M.

Q1 2026 key financials · XBRL

Revenue
$2.7B
+0.4% YoY
Net income
−$201M
−16.6% YoY
Operating margin
-6.8%
EPS (diluted)
−$3.34
−20.1% YoY

Source: XBRL data from the Delek US Holdings, Inc. (DK) Q1 2026 10-Q on SEC EDGAR. USD.

Delek US Holdings, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q1 2026 Refining margins higher than 2025, driven by increased crack spreads
  • Q1 2026 favorable WTI differentials versus Brent and WTI Midland-Cushing differential
  • $15.6 million returned to shareholders through 2026 dividends as of March 31
  • $19.0 million Tyler Tank Purchase and $66.0 million El Dorado Terminal Purchase
  • Outlook uncertainty from geopolitical instability, commodity volatility and RFS-2 compliance requirements

Risk Factors

  • Newly added geopolitical risk: U.S.-Iran conflict and Strait of Hormuz disruption spiking crude prices from early-2026 levels
  • Most materially updated market risk: sustained commodity volatility potentially reducing refinery utilization and demand for transportation, storage, and terminalling services
  • Regulatory risk: possible government-imposed price controls following terrorism-related energy-price disruptions
  • Operational risk: direct attacks on refineries, pipelines, or terminals disrupting crude supplies and refined-product markets
  • Financial risk: terrorism-driven insurance-market changes potentially increasing coverage costs and limiting debt refinancing access

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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