The financials
Suburban Propane Partners, L.P. by the numbers
Suburban Propane Partners, L.P. (SPH) reported revenue of $261M in Q3 2026 (quarter ended June 27, 2026), up 0.5% from the same quarter a year earlier. That came with a gross margin of 61% and net loss of $18M. For the full year FY2025, revenue was $1.43B (+7.9% year on year) and net income $107M. Its largest product in 2026-Q2 was Propane at $227M, 84% of the disclosed total, just ahead of Other Sales Revenue Net at 6.7%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $261M | $260M | +0.5% |
| Gross profit | $160M | $161M | −0.2% |
| Operating income | $2.2M | $5.6M | −60% |
| Net income | −$18M | −$15M | n/a |
| Diluted EPS | −$0.26 | −$0.23 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Propane | $227M | 84% |
| Other Sales Revenue Net | $18M | 6.7% |
| Fuel Oil And Refined Fuels | $12M | 4.3% |
| Wholesale | $9.7M | 3.6% |
| Natural Gas And Electricity | $4.5M | 1.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $271.1M (-51%)
Wholesale grew +47% year on yearNatural Gas And Electricity -6.5% year on year
Segment Latestquarter on quarteryear on year
- Propane$227.0M$227.0MQoQ -54%year on year +0.03%-54%+0.03%
- Other Sales Revenue Net$18.2M$18.2MQoQ -4.0%year on year -2.8%-4.0%-2.8%
- Fuel Oil And Refined Fuels$11.7M$11.7MQoQ -64%year on year +21%-64%+21%
- Wholesale$9.7M$9.7MQoQ +105%year on year +47%+105%+47%
- Natural Gas And Electricity$4.5M$4.5MQoQ -48%year on year -6.5%-48%-6.5%
Utilities - Regulated Gas
Ranks #3 of 13 by Smart Score