Company: SPH
Filing Date: 2025-11-26
Form Type: 10-K
Source: 0001193125-25-298630
Chunk: 27

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-11-26
Form: 10-K
Item: Item 8
Chunk 27
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Our Consolidated Financial Statements and the Report of Independent Registered Public Accounting Firm thereon listed on the accompanying Index to Financial Statements in Part IV, Item 15 (see page F-1) and the Supplemental Financial Information listed on the accompanying Index to Financial Statement Schedule in Part IV, Item 15 (see page S-1) are included herein.

Selected Quarterly Financial Data

Due to the seasonality of the retail propane, fuel oil and other refined fuel and natural gas businesses, our first and second quarter revenues and earnings are consistently greater than third and fourth quarter results. The following presents our selected quarterly financial data for the last two fiscal years (unaudited; in thousands, except per unit amounts).

     FirstQuarter

     SecondQuarter

     ThirdQuarter

     FourthQuarter

     TotalYear

     Fiscal 2025

     Revenues
      
     $
     373,329

     $
     587,663

     $
     260,150

     $
     211,376

     $
     1,432,518

     Costs of products sold

     147,162

     242,362

     99,559

     74,623

     563,706

     Operating income (loss)

     59,062

     158,413

     5,591

     (16,755
     )

     206,311

     Net income (loss)

     19,420

     137,121

     (14,835
     )

     (35,136
     )

     106,570

     Net income (loss) per Common Unit - basic (a)
      
     $
     0.30

     $
     2.11

     $
     (0.23
     )
      
     $
     (0.53
     )
      
     $
     1.64

     Net income (loss) per Common Unit - diluted (a)
      
     $
     0.30

     $
     2.10

     $
     (0.23
     )
      
     $
     (0.53
     )
      
     $
     1.62

     Cash provided by (used in):

     Operating activities

     8,782

     40,102

     95,543

     41,829

     186,256

     Investing activities

     (74,515
     )