Par Pacific Q2 net income rises to $59.5 million as revenue falls to $1.89 billion
Par Pacific reported second quarter 2025 net income of $59.5 million, or $1.17 per diluted share, up from $18.6 million, or $0.32 per diluted share, a year earlier. Revenue fell to $1.89 billion from $2.02 billion, and Adjusted EBITDA rose 69% to $137.8 million, so headline results point in opposite directions. The company also repurchased $28 million of common stock and announced a Hawaii Renewables joint venture with expected cash proceeds of $100 million.
Key points
- Net income was $59.5 million ($1.17 per diluted share) versus $18.6 million ($0.32) in Q2 2024.
- Revenues were $1,893.4 million versus $2,017.5 million in Q2 2024.
- Adjusted EBITDA was $137.8 million, a 69% improvement from $81.6 million.
- The company repurchased $28 million of common stock at an average price of $17.36 per share in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.