CrossAmerica Partners LPCAPLEarnings & Financial Report
TowerBrook Capital Partners, L.P. is an investment management firm headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 and became known for acquiring majority stakes in companies such as Jimmy Choo. Managing $25+ billion in a number of private equity funds and structured opportunities funds, TowerBrook listed 110 investments on its website as of 2025.
Revenue
$1.1B
Gross Profit
$111.2M
Operating Profit
$27.1M
Net Profit
$10.7M
Gross Margin
10.3%
Operating Margin
2.5%
Net Margin
1.0%
YoY Growth
-10.8%
EPS
$0.27
CrossAmerica Partners LP Q3 FY2024 Financial Summary
CrossAmerica Partners LP reported revenue of $1.1B (down 10.8% YoY) for Q3 FY2024, with a net profit of $10.7M (down 12.9% YoY) (1.0% margin). Cost of goods sold was $967.9M, operating expenses totaled $84.1M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $10.7M |
| Gross Margin | 10.3% |
| Operating Margin | 2.5% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
CrossAmerica Partners LP Q3 FY2024 revenue of $1.1B breaks down across 3 segments, led by Retail Segment at $608.0M (56.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Retail Segment | $608.0M | 56.3% |
| Wholesale | $471.2M | 43.7% |
| Other | $1.2M | 0.1% |
CrossAmerica Partners LP Revenue by Segment — Quarterly Trend
CrossAmerica Partners LP revenue by segment across the last 4 reported quarters, showing how each business line (such as Retail Segment and Wholesale) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Retail Segment | $505.3M | $558.2M | $549.1M | — |
| Wholesale | $360.9M | $413.7M | $412.8M | $380.2M |
| Other | $1.2M | $1.2M | $1.4M | $25.9M |
CrossAmerica Partners LP Annual Revenue by Year
CrossAmerica Partners LP annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.7B |
| 2024 | $4.1B |
| 2023 | $4.4B |
| 2022 | $5.0B |
CrossAmerica Partners LP Quarterly Revenue & Net Profit History
CrossAmerica Partners LP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $866.3M | -8.3% | $10.2M | 1.2% |
| Q3 FY2025 | $971.8M | -9.9% | $13.6M | 1.4% |
| Q2 FY2025 | $961.9M | -15.1% | $25.2M | 2.6% |
| Q1 FY2025 | $862.5M | -8.4% | $-7.1M | -0.8% |
| Q4 FY2024 | $944.2M | -6.9% | $16.9M | 1.8% |
| Q3 FY2024 | $1.1B | -10.8% | $10.7M | 1.0% |
| Q2 FY2024 | $1.1B | -1.1% | $12.4M | 1.1% |
| Q1 FY2024 | $941.5M | -7.3% | $-17.5M | -1.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $941.5M | $1.13B | $1.08B | $944.2M | $862.5M | $961.9M | $971.8M | $866.3M |
| YoY Growth | -7.3% | -1.1% | -10.8% | -6.9% | -8.4% | -15.1% | -9.9% | -8.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.18B | $1.16B | $1.13B | $1.11B | $1.09B | $1.03B | $998.9M | $964.7M |
| Liabilities | $1.18B | $1.17B | $1.16B | $1.14B | $1.14B | $1.08B | $1.06B | $1.04B |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $5.8M | $28.9M | $41.9M | $11.1M | $15.0M | $22.6M | $24.4M | $29.4M |