UGI Q3 Net Loss Narrows to $(133)M; EPS $(0.62)
UGI Corporation reported a narrowed net loss of $(133) million, or $(0.62) per basic share, for the three months ended June 30, 2026, compared to a net loss of $(163) million, or $(0.76) per basic share, in the same period last year. Quarterly revenues decreased to $1,331 million from $1,394 million. For the nine-month period, net income was $684 million, a slight decrease from $691 million year-over-year, while revenues remained relatively flat at $6,099 million. The company also noted significant balance sheet improvements, including an increase in cash and cash equivalents to $476 million and a substantial reduction in current maturities of long-term debt to $18 million. Strategic divestments included Flaga in November 2025 and UniverGas in June 2025.
Key Highlights
- Net loss for the three months ended June 30, 2026, narrowed to $(133) million from $(163) million in the prior year.
- Basic earnings per share for the three months improved to $(0.62) from $(0.76) year-over-year.
- Revenues for the three months ended June 30, 2026, decreased to $1,331 million from $1,394 million.
- Net income for the nine months ended June 30, 2026, was $684 million, a slight decrease from $691 million in the prior year.
- Cash and cash equivalents increased to $476 million as of June 30, 2026, from $350 million a year prior.
- Current maturities of long-term debt significantly reduced to $18 million as of June 30, 2026, from $905 million a year prior.
- Divested Flaga in November 2025 and UniverGas in June 2025.
- AmeriGas Propane's goodwill fair value exceeded its carrying value by over 25% in the Fiscal 2025 impairment test.
Price Impact
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