Company: DK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050541
Chunk: 133

Company: Delek US Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 133
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0252024Total revenues$2,842.1 $3,027.8 $8,167.2 $9,443.3 Cost of sales2,451.3 3,083.3 7,847.7 9,506.8 Gross margin$390.8 $(55.5)$319.5 $(63.5)Add back (items included in cost of sales): Operating expenses (excluding depreciation and amortization)159.0 145.0 467.6 459.4 Depreciation and amortization66.9 76.0 205.3 194.8 Refining margin$616.7 $165.5 $992.4 $590.7 

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Management's Discussion and Analysis

Summary Financial and Other Information

The following table provides summary financial data for Delek (in millions):

Summary Statement of Operations Data (1)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net revenues$2,887.0 $3,042.4 $8,293.5 $9,478.5 Cost of sales: Cost of materials and other2,165.7 2,788.7 6,980.2 8,547.1 Operating expenses (excluding depreciation and amortization presented below)227.8 181.4 648.7 580.3 Depreciation and amortization95.8 92.5 278.4 259.6 Total cost of sales2,489.3 3,062.6 7,907.3 9,387.0 Operating expenses related to wholesale business (excluding depreciation and amortization presented below)3.5 3.7 7.0 5.7 General and administrative expenses76.8 70.4 214.9 191.6 Depreciation and amortization5.5 5.6 18.3 18.6 Asset impairment16.3 9.2 16.3 31.3 Other operating (income) expense net(0.1)12.8 (6.7)(67.6)Total operating costs and expenses2,591.3 3,164.3 8,157.1 9,566.6 Operating income (loss)295.