Star Group Q3 Net Loss Widens to $28.0M; YTD Net Income Up to $116.1M

Star Group, L.P. reported a net loss of $28.0 million for the fiscal 2026 third quarter, widening from a $16.6 million loss in the prior-year period, despite a 17.2% increase in total revenue to $358.1 million. The quarterly performance was impacted by an unfavorable change in derivative instruments and higher operating expenses, alongside a 9.4% decline in home heating oil and propane volume sold. For the nine months ended June 30, 2026, the company saw net income rise by $13.9 million to $116.1 million on an 8.3% revenue increase to $1.7 billion, driven by higher volumes and margins.