PBF Energy Inc. (PBF) Income Statement
PBF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPBF revenue and net income
Where PBF's revenue goes
2025Each bar shows an amount and its share of revenue. PBF kept −0.5% of revenue as net income.
PBF profit margins
PBF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.4% | −14.4% | +14.2% | +8.4% |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PBF quarterly EPS vs estimates
PBF Energy beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 29, 2026 (estimate $11.12).
PBF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.33B | $33.12B | $38.32B | $46.83B | $27.25B | $15.12B | $24.51B | $27.19B | $21.79B | $15.92B |
| Cost of revenue | $29.90B | $33.49B | $35.93B | $42.15B | $26.37B | $16.75B | $23.60B | $26.58B | $20.83B | $15.24B |
| Gross profit | −$571.0M | −$372.2M | $2.40B | $4.68B | $887.2M | −$1.63B | $913.1M | $602.6M | $960.6M | $683.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $332.3M | $260.4M | $362.5M | $468.7M | $247.3M | $248.5M | $284.0M | $277.0M | $214.5M | $166.5M |
| Total operating expenses | −$516.7M | $326.8M | −$552.9M | $525.4M | $290.0M | −$212.9M | $264.1M | $244.5M | $229.0M | $183.5M |
| Operating income | −$54.3M | −$699.0M | $2.95B | $4.15B | $597.2M | −$1.42B | $649.0M | $358.1M | $731.6M | $499.5M |
| Interest income | $24.3M | $51.2M | $75.0M | $248.0M | $309.0M | $270.0M | $169.3M | $164.3M | $156.7M | $148.6M |
| Interest expense | $181.6M | $123.2M | $138.8M | $266.6M | $317.5M | $258.2M | $159.6M | $169.9M | $154.4M | $150.0M |
| Income before taxes | −$234.6M | −$768.6M | $2.89B | $3.56B | $327.6M | −$1.33B | $479.5M | $208.8M | $799.0M | $363.2M |
| Income taxes | −$74.1M | −$228.4M | $723.8M | $584.8M | $12.1M | $2.1M | $104.3M | $33.5M | $315.6M | $137.7M |
| Net income | −$158.5M | −$533.8M | $2.14B | $2.88B | $231.0M | −$1.39B | $319.4M | $128.3M | $415.6M | $170.8M |
| EBITDA | −$253.6M | −$2.4M | $3.62B | $4.36B | $1.13B | −$491.9M | $1.09B | $757.3M | $1.25B | $746.2M |
| EPS (diluted) | −$4.15 | −$4.01 | $11.25 | $23.30 | −$2.47 | −$11.78 | $0.91 | $3.25 | $1.14 | −$1.38 |
| Gross margin | −1.9% | −1.1% | 6.3% | 10.0% | 3.3% | −10.8% | 3.7% | 2.2% | 4.4% | 4.3% |
| Operating margin | −0.2% | −2.1% | 7.7% | 8.9% | 2.2% | −9.4% | 2.6% | 1.3% | 3.4% | 3.1% |
| Net margin | −0.5% | −1.6% | 5.6% | 6.1% | 0.8% | −9.2% | 1.3% | 0.5% | 1.9% | 1.1% |
| 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 | $11.68B | $7.90B | $7.14B | $7.65B | $7.48B | $7.07B | $7.35B | $8.38B | $8.74B | $8.65B | $9.14B | $10.73B |
| Cost of revenue | $10.53B | $7.42B | $7.27B | $7.61B | $7.53B | $7.49B | $7.66B | $8.67B | $8.73B | $8.43B | $9.05B | $9.51B |
| Gross profit | $1.15B | $483.5M | −$132.0M | $39.2M | −$58.0M | −$420.2M | −$308.5M | −$288.2M | $6.3M | $218.2M | $84.0M | $1.23B |
| Sales, general & admin | $148.6M | $89.6M | $107.6M | $74.0M | $80.3M | $70.4M | $66.8M | $65.4M | $65.6M | $63.2M | $105.4M | $92.9M |
| Total operating expenses | −$125.3M | $89.6M | −$260.0M | −$246.7M | −$101.0M | $91.0M | $74.7M | $98.1M | $80.9M | $73.1M | $131.2M | $150.7M |
| Operating income | $1.27B | $393.9M | $128.0M | $285.9M | $43.0M | −$511.2M | −$383.2M | −$386.3M | −$74.6M | $145.1M | −$47.2M | $1.08B |
| Interest income | — | — | $7.1M | $8.6M | $53.8M | $36.9M | $22.8M | $21.4M | — | — | — | $22.8M |
| Interest expense | $50.0M | $42.1M | $40.6M | $50.3M | $53.8M | $36.9M | $30.5M | $21.4M | $17.3M | $10.5M | $8.6M | $22.7M |
| Income before taxes | $1.23B | $258.5M | $87.7M | $236.0M | −$10.5M | −$547.8M | −$405.3M | −$407.2M | −$91.3M | $135.2M | −$53.6M | $1.05B |
| Income taxes | $314.2M | $58.3M | $8.6M | $64.3M | −$5.1M | −$141.9M | −$112.7M | −$118.1M | −$25.3M | $27.7M | −$5.2M | $254.6M |
| Net income | $906.4M | $198.3M | $78.4M | $170.1M | −$5.2M | −$401.8M | −$289.3M | −$285.9M | −$65.2M | $106.6M | −$48.4M | $786.4M |
| EBITDA | $1.44B | $464.1M | −$212.1M | $453.7M | $209.6M | −$335.7M | −$164.4M | −$220.2M | $88.0M | $294.2M | $98.3M | $1.22B |
| EPS (diluted) | $6.22 | −$0.88 | $0.49 | −$0.52 | −$1.03 | −$3.09 | −$2.82 | −$1.50 | −$0.54 | $0.85 | −$0.41 | $6.61 |
| Gross margin | 9.8% | 6.1% | −1.8% | 0.5% | −0.8% | −5.9% | −4.2% | −3.4% | 0.1% | 2.5% | 0.9% | 11.4% |
| Operating margin | 10.9% | 5.0% | 1.8% | 3.7% | 0.6% | −7.2% | −5.2% | −4.6% | −0.9% | 1.7% | −0.5% | 10.0% |
| Net margin | 7.8% | 2.5% | 1.1% | 2.2% | −0.1% | −5.7% | −3.9% | −3.4% | −0.7% | 1.2% | −0.5% | 7.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PBF's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PBF financial results
In fiscal year 2025 (ended December 31, 2025), PBF Energy reported revenue of $29.3 billion, down 11.4% from the year before. It had a net loss of $158.5 million, a net profit margin of −0.5%. Diluted earnings per share came to −$4.15. Over five years revenue grew at an average rate of 14.2% a year.
See the PBF stock overview for the latest quote and news, or the PBF chart for price history and technical indicators.
PBF income statement FAQ
What is PBF Energy's annual revenue?
PBF Energy reported total revenue of $29.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 11.4% from $33.1 billion the previous year.
Is PBF Energy profitable?
No. PBF Energy reported a net loss of $158.5 million in fiscal 2025, a net profit margin of −0.5%; its operating margin was −0.2%.
What is PBF Energy's gross margin?
PBF Energy's gross margin was −1.9% in fiscal 2025: for every $100 of revenue, PBF Energy kept $-2 after the direct cost of its products and services.
How fast is PBF Energy growing?
Revenue grew 14.2% a year on average over the last five fiscal years, from $15.1 billion to $29.3 billion.
What are PBF Energy's earnings per share?
PBF Energy earned $-4.15 per diluted share in fiscal 2025, compared with $-4.01 a year earlier.
When will PBF Energy report its next earnings?
PBF Energy is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does PBF Energy's fiscal year end?
PBF Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.