Delek Logistics Partners, LP

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 6, 2025

DKL$53.25+0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Comprehensive Income

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited)

(In thousands, except unit and per unit data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Net revenues
Affiliate (1)	$114,083	$156,828	$240,404	$296,453
Third party	132,267	107,800	255,876	220,250
Net revenues	246,350	264,628	496,280	516,703
Cost of sales:
Cost of materials and other - affiliate (1)	84,411	103,065	174,377	195,947
Cost of materials and other - third party	34,950	34,995	74,036	65,805
Operating expenses (excluding depreciation and amortization presented below)	37,525	29,454	78,155	61,149
Depreciation and amortization	25,879	22,746	52,377	47,913
Total cost of sales	182,765	190,260	378,945	370,814
Operating expenses related to wholesale business (excluding depreciation and amortization presented below)	549	174	904	395
General and administrative expenses	8,944	6,016	17,808	10,879
Depreciation and amortization	1,218	1,461	2,436	2,789
Other operating expense (income), net	438	(1,744)	(3,848)	(1,177)
Total operating costs and expenses	193,914	196,167	396,245	383,700
Operating income	52,436	68,461	100,035	133,003
Interest income	(23,538)	(28)	(46,085)	(28)
Interest expense	41,711	35,296	82,812	75,525
Income from equity method investments	(10,536)	(7,882)	(20,686)	(16,372)
Other income, net	(20)	(40)	(41)	(211)
Total non-operating expenses, net	7,617	27,346	16,000	58,914
Income before income tax expense	44,819	41,115	84,035	74,089
Income tax expense	245	57	427	383
Net income	44,574	41,058	83,608	73,706
Comprehensive income	$44,574	$41,058	$83,608	$73,706
Net income per unit:
Basic	$0.83	$0.87	$1.56	$1.61
Diluted	$0.83	$0.87	$1.56	$1.61
Weighted average common units outstanding:
Basic	53,445,803	47,219,184	53,524,792	45,812,770
Diluted	53,473,271	47,232,507	53,553,227	45,829,522

(1)See Note 3 for a description of our material affiliate revenue and purchases transactions.

4 |

Condensed Consolidated Statements of Partners' Equity (Unaudited)

(in thousands)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.