AI-extracted from the 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
HF Sinclair's Q2 FY2026 net income jumped to $892M (+329% YoY) as revenue rose 53% to $10.39B, driven by a 57% surge in adjusted refinery gross margins to $25.95/barrel.
Biggest Revenue Drivers
Refining$7,747M
Strong refining margins and volumes in the Mid-Continent and West regions due to steady demand, tight supply and favorable crack spreads
Marketing$1,370M
Sinclair branded sites provided a consistent sales channel with margin uplift for produced fuels
Biggest Revenue Drivers
Total revenue: $10.39B+53% YoY
Refining$7,747M
Strong refining margins and volumes in the Mid-Continent and West regions due to steady demand, tight supply and favorable crack spreads
Marketing$1,370M
Sinclair branded sites provided a consistent sales channel with margin uplift for produced fuels
Lubricants & Specialties$998M
Higher sales volumes and product prices (excluding FIFO impacts)
Higher pipeline revenues and throughput volumes, partially offset by higher operating expenses
Largest Expense Items
Cost of materials and other$8,133M+50% YoY
Higher crude oil and feedstock costs and higher sales volumes of refined products
Operating expenses$654M+14% YoY
Higher employee benefits, environmental remediation, maintenance and other miscellaneous costs, partially offset by lower natural gas expenses
Depreciation and amortization$228M+1% YoY
Selling, general and administrative expenses$130M+14% YoY
Higher employee and professional services costs, partially offset by foreign currency gains
Margins: Adjusted refinery gross margin per barrel rose 57% YoY to $25.95, driven by improved market crack spreads and volumes in the Mid-Continent and West regions; income from operations increased 325% YoY to $1,168M.
Watch Items from the Filing
HF Sinclair plans to separate its Lubricants & Specialties segment and retire the Mississauga base oil plant, expecting $405-505 million in pre-tax charges and a workforce reduction of approximately 250 employees.
RINs compliance costs totaled $638 million for the quarter, a major driver of Cost of materials and other, with open RINs credit obligations of $493 million at quarter end.
DC Circuit vacated EPA's denial of the Parco refinery's small refinery exemption, but EPA has not complied with the court's mandate, prompting HF Sinclair to file an emergency motion on July 24, 2026; impact cannot be estimated.
HFS Puget Sound remains in discussions with the EPA, DOJ and Northwest Clean Air Agency over Clean Air Act compliance; no penalties have been demanded yet.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Go TimothyCEO and PresidentShares withheld for tax or exercise price · Dec 1, 2025
Congress trading in DINO
4 transactions in DINO reported by 1 member of Congress under the STOCK Act, most recent trade Feb 20, 2026. Reported transactions, not recommendations.
About HF Sinclair Corp (DINO): stock profile, AI score and financials
HF Sinclair Corp (DINO) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores DINO at 60.2/100 on a composite quality score built from its SEC filings, placing it at rank #871 of 2,925 stocks — the top half of the AI-ranked universe. DINO scores in the top quartile across revenue scale (95.1), institutional flow (87.6), balance sheet strength (86.4). Areas of concern include revenue growth (23.8) and earnings quality (28.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), HF Sinclair Corp reports quarterly revenue of $10.4B, net income of $892.0M, an operating margin of 11.2%. Top institutional holders of DINO by reported 13-F value include BlackRock, TCTC, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. DINO trades on the NYSE exchange and files with the SEC under CIK 1915657. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DINO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HF Sinclair Corp directly from SEC EDGAR.