---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-070705"
form_type: "8-K"
ticker: null
cik: "0001012493"
company_name: "FERRELLGAS PARTNERS FINANCE CORP"
filed_at: "2026-06-05T10:30:11+00:00"
generated_at: "2026-06-05T10:35:27.328517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ferrellgas Q3 net earnings down 53% to $28M; completes Class B unit conversion

## Summary
- Net earnings attributable to Ferrellgas fell to $28.0M from $59.1M YoY; adjusted EBITDA $102.1M, down 11%.
- Gross profit up $2.2M (1%) as revenue decline offset by cost reduction; margin per gallon up 2%.
- Operating expense increased $29.0M primarily from $24.7M legacy casualty claims settlement (non-recurring).
- Completed conversion of 1.3M Class B Units into 6.5M Class A Units after $107M final distribution.
- Board changes: Pamela Breuckmann appointed Vice-Chair; Andrew Safran elected to Board.

## SEC filing metadata
- accession: 0001104659-26-070705
- form_type: 8-K
- cik: 0001012493
- company_name: FERRELLGAS PARTNERS FINANCE CORP
- filed_at: 2026-06-05T10:30:11+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012493/000110465926070705/0001104659-26-070705-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922358/000110465926070705/fgp-20260605x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-070705
- JSON: https://secwatch.observer/filing/0001104659-26-070705.json
- Plain text: https://secwatch.observer/filing/0001104659-26-070705.txt

## Key facts
- Earnings Releases
  FERRELLGAS PARTNERS FINANCE CORP reported 2026 third fiscal quarter ended April 30, 2026 results: net income $28.0 million.
  - Period: 2026 third fiscal quarter ended April 30, 2026
  - Net income: $28.0 million
  - Result: reported results
  source text: Net earnings attributable to the Company decreased by $31.1 million, or approximately 53%, to $28.0 million in the third quarter of fiscal 2026, compared to $59.1 million in the prior year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012493/000110465926070705/0001104659-26-070705-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.