CrossAmerica Partners LP (CAPL) Income Statement
CAPL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCAPL revenue and net income
Where CAPL's revenue goes
2025Each bar shows an amount and its share of revenue. CAPL kept 1.1% of revenue as net income.
CAPL profit margins
CAPL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.6% | −9.7% | +13.6% | +5.2% |
| Gross profit | −15.6% | −3.6% | +9.6% | +7.9% |
| Operating income | +192.3% | +29.0% | +12.3% | +23.0% |
| Net income | +110.3% | −12.3% | −17.2% | +13.8% |
| EPS (diluted) | +46.8% | −24.8% | −25.2% | +6.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CAPL quarterly EPS vs estimates
CrossAmerica Partners beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.38).
CAPL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.66B | $4.10B | $4.39B | $4.97B | $3.58B | $1.93B | $2.15B | $2.45B | $2.09B | $1.87B |
| Cost of revenue | $3.33B | $3.70B | $4.00B | $4.59B | $3.30B | $1.72B | $1.99B | $2.27B | $1.93B | $1.71B |
| Gross profit | $336.2M | $398.3M | $382.3M | $375.8M | $277.0M | $212.1M | $154.6M | $172.8M | $160.8M | $155.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $28.0M | $46.2M | $238.2M | $40.8M | $44.5M | $21.0M | $16.8M | $18.0M | $82.1M | $85.2M |
| Total operating expenses | $130.0M | $327.8M | $294.2M | $279.8M | $240.8M | $96.5M | $111.3M | $146.4M | $146.7M | $139.6M |
| Operating income | $206.2M | $70.6M | $88.1M | $96.0M | $36.1M | $115.6M | $43.3M | $35.0M | $32.4M | $32.2M |
| Interest income | — | — | — | — | — | — | $27.0M | $32.9M | $27.9M | $22.8M |
| Interest expense | $48.1M | $52.3M | $43.7M | $32.1M | $18.2M | $16.6M | $27.0M | $32.9M | $27.9M | $22.8M |
| Income before taxes | $50.1M | $19.0M | $45.1M | $64.4M | $18.4M | $99.5M | $16.8M | $2.5M | $4.9M | $10.3M |
| Income taxes | $8.3M | −$3.4M | $2.5M | $714,000 | −$3.2M | −$7.9M | −$1.2M | −$2.7M | −$18.2M | −$453,000 |
| Net income | $41.8M | $19.9M | $40.1M | $62.0M | $21.7M | $107.5M | $18.1M | $5.3M | $23.2M | $10.7M |
| EBITDA | $187.8M | $147.3M | $166.0M | $177.1M | $114.5M | $184.8M | $98.9M | $101.9M | $90.3M | $87.4M |
| EPS (diluted) | $0.69 | $0.47 | $0.94 | $1.62 | $0.58 | $2.94 | $0.55 | $0.29 | $0.41 | $0.25 |
| Gross margin | 9.2% | 9.7% | 8.7% | 7.6% | 7.7% | 11.0% | 7.2% | 7.1% | 7.7% | 8.3% |
| Operating margin | 5.6% | 1.7% | 2.0% | 1.9% | 1.0% | 6.0% | 2.0% | 1.4% | 1.5% | 1.7% |
| Net margin | 1.1% | 0.5% | 0.9% | 1.2% | 0.6% | 5.6% | 0.8% | 0.2% | 1.1% | 0.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $841.8M | $866.3M | $971.8M | $961.9M | $862.5M | $944.2M | $1.08B | $1.13B | $941.5M | $1.01B | $1.21B |
| Cost of revenue | $1.07B | $759.8M | $759.2M | $867.1M | $860.9M | $772.7M | $843.2M | $967.9M | $1.03B | $860.2M | $912.6M | $1.11B |
| Gross profit | $112.8M | $82.1M | $107.1M | $104.8M | $101.0M | $89.8M | $101.0M | $111.2M | $104.8M | $81.3M | $102.0M | $100.4M |
| Sales, general & admin | $6.8M | $6.5M | $12.0M | $64.0M | $11.2M | $12.3M | $15.7M | $11.8M | $35.2M | $35.0M | $22.4M | $10.8M |
| Total operating expenses | $77.5M | $32.7M | $84.5M | $76.7M | $59.5M | $87.8M | $72.7M | $84.1M | $76.6M | $94.4M | $75.1M | $76.3M |
| Operating income | $35.3M | $49.3M | $22.6M | $28.1M | $41.5M | $2.0M | $28.3M | $27.1M | $28.2M | −$13.0M | $27.0M | $24.1M |
| Interest expense | $11.3M | $10.8M | $10.9M | $12.7M | $13.5M | $12.8M | $13.4M | $14.2M | $14.2M | $10.5M | $10.5M | $10.6M |
| Income before taxes | $24.1M | $13.2M | $15.3M | $16.5M | $29.1M | −$10.7M | $15.1M | $13.1M | $14.1M | −$23.3M | $16.7M | $13.8M |
| Income taxes | $3.3M | $2.5M | $5.1M | $2.9M | $3.9M | −$3.6M | −$1.8M | $2.4M | $1.7M | −$5.8M | −$78,000 | $1.5M |
| Net income | $20.8M | $10.7M | $7.5M | $13.6M | $25.2M | −$7.8M | $14.3M | $10.7M | $12.4M | −$18.2M | $14.3M | $12.3M |
| EBITDA | $51.8M | $19.5M | $46.1M | $49.2M | $65.0M | $28.4M | $46.6M | $48.0M | $46.8M | $5.9M | $46.1M | $43.4M |
| EPS (diluted) | $0.50 | $0.13 | $0.19 | $0.15 | $0.64 | −$0.29 | $0.12 | $0.17 | $0.31 | −$0.13 | $0.42 | $0.30 |
| Gross margin | 9.6% | 9.7% | 12.4% | 10.8% | 10.5% | 10.4% | 10.7% | 10.3% | 9.2% | 8.6% | 10.1% | 8.3% |
| Operating margin | 3.0% | 5.9% | 2.6% | 2.9% | 4.3% | 0.2% | 3.0% | 2.5% | 2.5% | −1.4% | 2.7% | 2.0% |
| Net margin | 1.8% | 1.3% | 0.9% | 1.4% | 2.6% | −0.9% | 1.5% | 1.0% | 1.1% | −1.9% | 1.4% | 1.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CAPL's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CAPL financial results
In fiscal year 2025 (ended December 31, 2025), CrossAmerica Partners reported revenue of $3.7 billion, down 10.6% from the year before. It had net income of $41.8 million (up 110.3%), a net profit margin of 1.1%. Diluted earnings per share came to $0.69. Over five years revenue grew at an average rate of 13.6% a year.
See the CAPL stock overview for the latest quote and news, or the CAPL chart for price history and technical indicators.
CAPL income statement FAQ
What is CrossAmerica Partners's annual revenue?
CrossAmerica Partners reported total revenue of $3.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.6% from $4.1 billion the previous year.
Is CrossAmerica Partners profitable?
Yes. CrossAmerica Partners reported net income of $41.8 million in fiscal 2025, a net profit margin of 1.1%; its operating margin was 5.6%.
What is CrossAmerica Partners's gross margin?
CrossAmerica Partners's gross margin was 9.2% in fiscal 2025: for every $100 of revenue, CrossAmerica Partners kept $9 after the direct cost of its products and services.
How fast is CrossAmerica Partners growing?
Revenue grew 13.6% a year on average over the last five fiscal years, from $1.9 billion to $3.7 billion.
What are CrossAmerica Partners's earnings per share?
CrossAmerica Partners earned $0.69 per diluted share in fiscal 2025, compared with $0.47 a year earlier.
When will CrossAmerica Partners report its next earnings?
CrossAmerica Partners is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does CrossAmerica Partners's fiscal year end?
CrossAmerica Partners's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.