PBF Energy reported its full year (FY) financial results for the year ended December 31, 2025. The company posted a net loss attributable to stockholders of USD 158.6 million. Adjusted fully-converted net loss, which includes the assumed exchange of all PBF LLC Series A Units for shares of PBF Energy Class A common stock, was also reported for the period. Income (loss) available to stockholders on a basic basis was USD 158.6 million loss. Net loss attributable to noncontrolling interest was USD 2.1 million for the period. The company noted that Adjusted EBITDA and other non-GAAP measures are also provided to facilitate comparability and understanding of operating results. PBF Energy highlighted that these measures exclude certain items such as depreciation, interest expense, realized and unrealized gains and losses from hedging activities, and income taxes. PBF Energy continues to present results on an Adjusted Fully-Converted basis to reflect the assumed exchange of all PBF LLC Series A Units, aiming to enhance transparency and comparability for investors.

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