Suburban Propane FY26 Q3 net loss widens to $17.5 million; adjusted EBITDA drops to $18 million

Reuters2026/08/06 11:36

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Suburban Propane posted a net loss of USD 17.5 million, or USD 0.26 per unit, for the quarter ended June 27, 2026, widening from a year earlier.
Adjusted EBITDA (non-GAAP) fell to USD 18 million from the prior-year quarter as near-record April warmth reduced heat-related demand.
Retail propane gallons sold slipped 1.8% to 70.6 million, with service-territory heating degree days running 17% warmer than normal.
Operating and general and administrative expenses rose 3.8% to USD 141.4 million, while the partnership repaid USD 36.2 million on its revolving credit facility.
Subsequent to quarter-end, it placed a new anaerobic digester facility in Upstate New York into service and expects its Columbus, Ohio facility to start in the fourth quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suburban Propane Partners LP published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Suburban Propane FY26 Q3 net loss widens to $17.5 million; adjusted EBITDA drops to $18 million

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