Company: DK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050541
Chunk: 77

Company: Delek US Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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)(77.4)Other (income) expense, net(1.2)(0.5)3.4 (1.1)Total non-operating expenses, net60.7 53.2 199.8 165.6 Income (loss) from continuing operations before income tax expense (benefit)235.0 (175.1)(63.4)(253.7)Income tax expense (benefit)39.9 (40.3)(11.0)(56.7)Income (loss) from continuing operations, net of tax195.1 (134.8)(52.4)(197.0)Discontinued operations:(Loss) income from discontinued operations, including gain on sale of discontinued operations(0.4)95.4 (1.8)107.8 Income tax (benefit) expense(0.1)28.1 (0.4)29.6 (Loss) income from discontinued operations, net of tax(0.3)67.3 (1.4)78.2 Net income (loss)194.8 (67.5)(53.8)(118.8)Net income attributed to non-controlling interests16.8 9.3 47.3 27.8 Net income (loss) attributable to Delek$178.0 $(76.8)$(101.1)$(146.6)

(1) This information is presented at a summary level for your reference. See the Condensed Consolidated Statements of Income in Item 1. to this Quarterly Report on Form 10-Q for more detail regarding our results of operations and net income per share.

We report operating results in two reportable segments:

•Refining

•Logistics                                                                       

Decisions concerning the allocation of resources and assessment of operating performance are made based on this segmentation. Management measures the operating performance of each of its reportable segments based on the segment EBITDA.    

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Management's Discussion and Analysis

Results of Operations 

Consolidated Results of Operations — Comparison of the Three and Nine Months Ended September 30, 2025 versus the Three and Nine Months Ended September 30, 2024

Net  Income (Loss)

Q3 2025 vs. Q3 2024

Consolidated net income for the third quarter of 2025 was $194.8 million compared to net loss of $67.5 million for