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Crossamerica Partners LP (CAPL) Releases Q1 2026 Earnings: Revenue Down YoY but Tops Estimates; EPS Beats

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Crossamerica Partners LP (CAPL) reported first-quarter 2026 results with revenue of $841.8 million, cost of sales of $744.2 million, and gross profit of $97.6 million.

  • Revenue: $841.8 million (down 2.4% year‑over‑year; beat estimate of $722.4 million).
  • Gross profit: $97.6 million (up 8.7% year‑over‑year).
  • Operating profit: $23.8 million (up 1,086.9% year‑over‑year).
  • Net income attributable to common shareholders: $10.0 million (down 228.1% year‑over‑year).
  • Diluted earnings per share: $0.26 (down 230.0% year‑over‑year; versus estimate of -$0.17).
  • Cash flow and balance-sheet highlights show improvement in operating cash generation alongside modest liquidity.

  • Cash from operating activities: $27.9 million (up 85.3% year‑over‑year).
  • Cash used for purchases of property, plant and equipment: $3.4 million (down 66.1% year‑over‑year).
  • Cash and cash equivalents: $7.3 million (up 8.9% year‑over‑year).
  • Total liabilities: $1.08 billion (down 5.4% year‑over‑year).
  • Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    Crossamerica Partners LP Hedge Fund Activity

    We have seen 27 institutional investors add shares of Crossamerica Partners LP stock to their portfolio, and 22 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

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