---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-210425"
form_type: "8-K"
ticker: "SPH"
cik: "0001005210"
company_name: "SUBURBAN PROPANE PARTNERS LP"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:19:12.901339+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Suburban Propane Q2 net income $137.5M ($2.07/unit); adjusted EBITDA flat at $175.3M

## Summary
- Net income $137.5M ($2.07/unit) vs $137.1M ($2.11); adj. EBITDA $175.3M flat YoY.
- Retail propane gallons sold 161.6M flat YoY; gross margin $343.7M down $1.6M.
- Reduced debt by $64.3M; consolidated leverage ratio improved to 4.34x.
- Quarterly distribution $0.325/unit declared, payable May 12, annualized $1.30.
- RNG PTC benefit $3.5M recognized; new facilities expected to add ~200K MMBtu/yr.

## SEC filing metadata
- accession: 0001193125-26-210425
- form_type: 8-K
- ticker: SPH
- cik: 0001005210
- company_name: SUBURBAN PROPANE PARTNERS LP
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005210/000119312526210425/0001193125-26-210425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005210/000119312526210425/sph-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-210425
- JSON: https://secwatch.observer/filing/0001193125-26-210425.json
- Plain text: https://secwatch.observer/filing/0001193125-26-210425.txt

## Source-grounded claims
- claim_id: 7d2f179d2955cbfe854f74c4a581f0627a88b509
  claim: SUBURBAN PROPANE PARTNERS LP reported its second quarter ended March 28, 2026 results: net income $137.5 million, EPS $2.07 per Common Unit.
  evidence_excerpt: Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its second quarter ended March 28, 2026. Net income for the second quarter of fiscal 2026 was $137.5 million, or $2.07 per Common Unit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1005210/000119312526210425/0001193125-26-210425-index.htm

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