Delek Logistics Partners, LP

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

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

Consolidated Statements of Income and Comprehensive Income

(In thousands, except unit and per unit data)

	Year Ended December 31,
	2025	2024	2023
Net revenues
Affiliate (1)	$499,471	$517,782	$563,803
Third party	513,852	422,854	456,606
Net revenues	1,013,323	940,636	1,020,409
Cost of sales:
Cost of materials and other - affiliate (1)	342,237	349,321	396,333
Cost of materials and other - third party	167,062	134,414	136,294
Operating expenses (excluding depreciation and amortization presented below)	166,752	122,020	115,682
Depreciation and amortization	122,102	91,135	87,136
Total cost of sales	798,153	696,890	735,445
Operating expenses related to wholesale business (excluding depreciation and amortization presented below)	1,625	714	2,419
General and administrative expenses	28,639	35,944	24,766
Depreciation and amortization	3,498	5,240	5,248
Impairment of goodwill	—	—	14,848
Other operating income, net	(436)	(978)	(1,266)
Total operating costs and expenses	831,479	737,810	781,460
Operating income	181,844	202,826	238,949
Interest income	(112,517)	(47,792)	—
Interest expense	179,296	150,960	143,244
Income from equity method investments	(61,793)	(43,301)	(31,433)
Other income, net	(60)	(205)	(303)
Total non-operating expenses, net	4,926	59,662	111,508
Income before income tax expense	176,918	143,164	127,441
Income tax expense	458	479	1,205
Net income	176,460	142,685	126,236
Comprehensive income	176,460	142,685	126,236
Less: Preferred unitholder's interest in net income	—	768	—
Net income attributable to limited partners	$176,460	$141,917	$126,236
Net income per unit:
Basic	$3.30	$2.99	$2.90
Diluted	$3.30	$2.99	$2.89
Weighted average common units outstanding:
Basic	53,501,020	47,452,138	43,583,938
Diluted	53,552,206	47,479,248	43,611,314

(1)See Note 4 for a description of our material affiliate revenue and purchases transactions.

F-6 |

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.