Q1 26 EPS
$2.85
BEAT +65.62%
Est. $1.72
Q1 26 Revenue
$10.69B
BEAT +4.90%
Est. $10.19B
vs S&P Since Q1 26
+3.0%
BEATING MARKET
SUN +10.2% vs S&P +7.3%
Market Reaction
Did SUN Beat Earnings? Q1 2026 Results
Sunoco LP delivered a blowout first quarter in 2026, posting earnings per unit of $2.85 against a consensus estimate of $1.72, a beat of 65.62%, as the partnership's transformative Parkland Acquisition reshaped its financial profile almost overnight.… Read more Sunoco LP delivered a blowout first quarter in 2026, posting earnings per unit of $2.85 against a consensus estimate of $1.72, a beat of 65.62%, as the partnership's transformative Parkland Acquisition reshaped its financial profile almost overnight. Revenue more than doubled year over year, climbing 106.4% to $10.69 billion and topping the $10.19 billion consensus by 4.90%, while net income reached $644 million compared to $207 million in Q1 2025. The Fuel Distribution segment was the single biggest driver, with Adjusted EBITDA jumping to $529 million from $220 million as Sunoco sold approximately 3.8 billion gallons at a fuel margin of 17.0 cents per gallon, up from 2.1 billion gallons at 11.5 cents a year ago. Well beyond its fuel-retail roots, the partnership also completed its TanQuid acquisition during the quarter, expanding its European terminal footprint. Sunoco raised its quarterly distribution 6.25% to $0.99 per unit, the sixth consecutive increase, consistent with a long-term target of at least 5% annual distribution growth, signaling confidence in the partnership's integration trajectory.
Key Takeaways
- • Parkland Acquisition driving significant volume and profit increases across all segments
- • One-time gain on sale of inventory of $102 million
- • Fuel Distribution sold approximately 3.8 billion gallons at 17.0 cents per gallon margin
- • Pipeline Systems benefited from improved butane blending and increased market demand
- • Terminals segment growth driven by Parkland and TanQuid acquisitions
- • Pipeline throughput volumes averaged approximately 1.3 million barrels per day
SUN YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
SUN Earnings Trends
SUN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SUN EPS Trend
Earnings per share: estimate vs actual
SUN Revenue Trend
Quarterly revenue: estimate vs actual
SUN Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $2.79 | $0.94 | -66.36% | $14.26B | +29.06% |
| Q1 26 BEAT | $1.72 | $2.85 | +65.62% | $10.69B | +4.90% |
| Q4 25 MISS FY | $1.51 | $0.09 | -94.02% | $8.60B | -8.12% |
| FY Full Year | $4.21 | $2.28 | -45.86% | $25.20B | +9.40% |
| Q3 25 MISS | $1.35 | $0.64 | -52.48% | $6.03B | +4.94% |
| Q2 25 MISS | $1.37 | $0.33 | -75.93% | $5.39B | -2.70% |
| Q1 25 BEAT | $1.18 | $1.21 | +2.57% | $5.18B | -7.17% |