---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-011234"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:58:53.290828+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Par Pacific reverses to Q4 net income $77.7M ($1.53 EPS) from year-ago loss

## Summary
- Net income $77.7M ($1.53 diluted EPS) vs Q4 2024 loss of $55.7M ($1.01 loss).
- Full year 2025 net income $369.4M ($7.16 EPS) vs FY2024 loss of $33.3M ($0.59 loss).
- Adjusted EBITDA Q4 $113.1M vs $10.9M; FY2025 $633.5M vs $238.7M.
- Repurchased 0.7M shares in Q4; 2025 total 6.5M shares at avg ~$19, reducing shares outstanding by 10%.

## SEC filing metadata
- accession: 0001628280-26-011234
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000162828026011234/0001628280-26-011234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000162828026011234/parr-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-011234
- JSON: https://secwatch.observer/filing/0001628280-26-011234.json
- Plain text: https://secwatch.observer/filing/0001628280-26-011234.txt

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