CrossAmerica Partners LP (CAPL) Form 10-Q — Aug 5, 2026
CrossAmerica Partners LP reported second-quarter 2026 operating revenues of $1.18 billion, up 23% year over year, driven by a 48% rise in the average WTI crude price to $95.65 per barrel. Net income nonetheless fell 17% to $20.8 million ($0.52 diluted per unit) because the prior-year quarter included $28.4 million of disposition gains versus just $1.1 million this year. Underlying operations strengthened: Q2 gross profit rose 12% to $112.8 million and first-half net income jumped 74% to $31.5 million. Retail margin per gallon improved to $0.492 from $0.370 and wholesale margin to $0.111 from $0.085, although consolidated fuel volumes declined 11% in the quarter.
Key figures
- Eps
- 0.53 basic / 0.52 diluted (Q2 2026) vs 0.64 / 0.64 in Q2 2025
- Revenue
- 1179017000
- Net Income
- 20812000
- Total Debt
- 671596000
- Revenue Yoy
- +23% (Q2 2026 vs Q2 2025); +11% (six months ended June 30, 2026)
- Total Assets
- 981986000
- Cash Position
- 4922000
- Interest Rate
- 5.5% effective rate on Credit Facility at June 30, 2026 (2.00% applicable margin)
- H1 2026 revenue
- 2020847000
- H1 2026 net income
- 31471000
- Q2 2026 gross profit
- 112787000
- H1 2026 operating income
- 59022000
- Q2 2026 operating income
- 35272000
- Q2 2025 disposition gains
- 28365000
- Q2 2026 disposition gains
- 1087000
- Retail sites end of period
- 555
- Getty lease annual rent reset
- 6900000
- Letters of credit outstanding
- 4900000
- Wti avg price q2 2026 per bbl
- 95.65
- Quarterly distribution per unit
- 0.525
- Getty finance lease rou addition
- 56300000
- Retail margin per gallon q2 2026
- 0.492
- Wholesale margin per gallon q2 2026
- 0.111
- Credit facility availability june 30 2026
- 248500000
- Wholesale distribution sites end of period
- 981
Price after filing
Close on the filing date to close N calendar days later (from $21.47). Historical, not a forecast.
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