Casey's General Stores, Inc. (CASY) Q1 FY2027 Financial Statements: Revenue $5.68B, Net income $273.72M
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PeriodQ1 FY2027
Published
Casey's General Stores reported $5.68 billion in revenue for Q1 FY2027, the quarter ended July 31, 2026, up 24.3% from a year earlier, mostly because of higher fuel prices. Net income was $273.72 million, up 27.1%, and diluted earnings per share were $7.37, up from $5.77, as gross profit grew both inside the store and in fuel, partly offset by higher operating expenses. Fuel gross profit was $446.93 million, up 19.6%, and prepared food and dispensed beverage revenue was $492.58 million, up 7.4%.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $5,678,336,000 | up 24.3% |
| Net income | $273,720,000 | up 27.1% |
| Diluted EPS | $7.37 | up 27.7% |
| Fuel gross profit | $446,929,000 | up 19.6% |
| Prepared food and dispensed beverage revenue | $492,580,000 | up 7.4% |
Figures link to the filing they came from. Wherever the SEC filing tags a number, that number is linked: click it and the filing opens at the exact line that prints it. Figures calculated here, such as margins, free cash flow and trailing-twelve-month totals, have no line in a filing to point to and are not linked.
About this file
| Ticker | CASY |
|---|---|
| CIK | 0000726958 |
| Company | Casey's General Stores, Inc. |
| Business type | retail (convenience stores and fuel) |
| Schema template | standard retail template: total revenue, cost of goods sold (excluding depreciation and amortization), revenue less cost of goods sold, operating expenses, depreciation and amortization, net interest, pre-tax income, net income, EPS; revenue and revenue less cost of goods sold by category (prepared food and dispensed beverage, grocery and general merchandise, fuel, other); balance sheet; operating cash flow, capital expenditures, free cash flow, acquisitions, dividends and buybacks |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual US dollars (not thousands); share counts in actual shares; per-share figures in dollars; fuel gallons in actual gallons |
CASY annual income statement, balance sheet and cash flow
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Period start | 2025-05-01 | 2024-05-01 | 2023-05-01 |
| Period end | 2026-04-30 | 2025-04-30 | 2024-04-30 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 10-K | 10-K | 10-K |
| Income statement | |||
| Total revenue | 17,561,101,000 | 15,940,899,000 | 14,862,913,000 |
| Cost of goods sold | 13,240,060,000 | 12,188,496,000 | 11,515,002,000 |
| Operating expenses | 2,837,426,000 | 2,552,356,000 | 2,288,513,000 |
| Depreciation and amortization | 449,958,000 | 403,647,000 | 349,797,000 |
| Interest net | 96,634,000 | 83,951,000 | 53,441,000 |
| Income before income taxes | 937,023,000 | 712,449,000 | 656,160,000 |
| Income taxes | 222,575,000 | 165,929,000 | 154,188,000 |
| Net income | 714,448,000 | 546,520,000 | 501,972,000 |
| Basic EPS | 19.28 | 14.72 | 13.51 |
| Diluted EPS | 19.16 | 14.64 | 13.43 |
| Basic shares | 37,065,319 | 37,116,152 | 37,164,022 |
| Diluted shares | 37,281,653 | 37,343,012 | 37,370,306 |
| Revenue less cost of goods sold | 4,321,041,000 | 3,752,403,000 | 3,347,911,000 |
| Revenue by category | |||
| Prepared food and dispensed beverage | 1,776,828,000 | 1,611,762,000 | 1,461,600,000 |
| Grocery and general merchandise | 4,563,614,000 | 4,143,887,000 | 3,727,394,000 |
| Fuel | 10,615,407,000 | 9,776,033,000 | 9,402,071,000 |
| Other | 605,252,000 | 409,217,000 | 271,848,000 |
| Revenue less cost of goods sold by category | |||
| Prepared food and dispensed beverage | 1,040,943,000 | 937,440,000 | 858,295,000 |
| Grocery and general merchandise | 1,635,405,000 | 1,452,008,000 | 1,270,527,000 |
| Fuel | 1,496,591,000 | 1,236,694,000 | 1,116,671,000 |
| Other | 148,102,000 | 126,261,000 | 102,418,000 |
| EBITDA non GAAP | 1,483,615,000 | 1,200,047,000 | 1,059,398,000 |
| Dividends declared per share | 2.28 | 2.00 | 1.72 |
| Balance sheet | |||
| Cash and cash equivalents | 522,991,000 | 326,662,000 | |
| Receivables | 243,502,000 | 180,746,000 | |
| Inventories | 557,151,000 | 480,034,000 | |
| Total current assets | 1,364,012,000 | 1,012,853,000 | |
| Net property and equipment | 5,749,468,000 | 5,413,244,000 | |
| Operating lease right of use assets | 432,640,000 | 417,046,000 | |
| Goodwill | 1,268,686,000 | 1,244,893,000 | |
| Total assets | 8,936,055,000 | 8,208,118,000 | |
| Current maturities of long term debt and finance lease obligations | 101,357,000 | 94,925,000 | |
| Accounts payable | 823,804,000 | 620,447,000 | |
| Total current liabilities | 1,350,606,000 | 1,101,693,000 | |
| Long term debt and finance lease obligations net of current | 2,330,237,000 | 2,413,620,000 | |
| Deferred income taxes | 739,843,000 | 646,905,000 | |
| Operating lease liabilities net of current | 459,284,000 | 434,707,000 | |
| Total liabilities | 4,984,336,000 | 4,699,448,000 | |
| Total shareholders equity | 3,951,719,000 | 3,508,670,000 | |
| Total liabilities and shareholders equity | 8,936,055,000 | 8,208,118,000 | |
| Shares outstanding | 36,904,285 | 37,119,083 | |
| Total debt | 2,431,594,000 | 2,508,545,000 | |
| Cash flow | |||
| Operating cash flow | 1,377,540,000 | 1,090,854,000 | 892,953,000 |
| Capex | -655,920,000 | -506,224,000 | -522,004,000 |
| Acquisitions net of cash acquired | -141,583,000 | -1,239,249,000 | -330,032,000 |
| Proceeds from sales of assets | 42,072,000 | 18,805,000 | 26,680,000 |
| Investing cash flow | -755,431,000 | -1,726,668,000 | -825,356,000 |
| Proceeds from long term debt | 0 | 1,100,000,000 | 0 |
| Payments of long term debt and finance lease obligations | -94,895,000 | -239,492,000 | -53,656,000 |
| Dividends paid | -83,136,000 | -72,309,000 | -62,918,000 |
| Share repurchases | -200,505,000 | -734,000 | -104,898,000 |
| Tax withholdings on share based awards | -47,244,000 | -25,580,000 | -18,512,000 |
| Financing cash flow | -425,780,000 | 755,994,000 | -239,984,000 |
| Share based compensation | 63,407,000 | 47,732,000 | 41,379,000 |
| Free cash flow | 721,620,000 | 584,630,000 | 370,949,000 |
| Operating metrics | |||
| Fuel gallons sold | 3,515,197,000 | 3,196,852,000 | 2,828,669,000 |
CASY quarterly income statement, balance sheet and cash flow
| Q1 FY2027 | Q1 FY2026 | |
|---|---|---|
| Fiscal quarter | 1 | 1 |
| Period start | 2026-05-01 | 2025-05-01 |
| Period end | 2026-07-31 | 2025-07-31 |
| Period type | three months | three months |
| Source accession | 10-Q | 10-Q |
| Income statement | ||
| Total revenue | 5,678,336,000 | 4,567,106,000 |
| Cost of goods sold | 4,439,142,000 | 3,454,660,000 |
| Operating expenses | 754,111,000 | 698,176,000 |
| Depreciation and amortization | 115,994,000 | 108,963,000 |
| Interest net | 22,059,000 | 26,850,000 |
| Income before income taxes | 347,030,000 | 278,457,000 |
| Income taxes | 73,310,000 | 63,102,000 |
| Net income | 273,720,000 | 215,355,000 |
| Basic EPS | 7.4 | 5.8 |
| Diluted EPS | 7.37 | 5.77 |
| Basic shares | 36,965,113 | 37,148,383 |
| Diluted shares | 37,142,257 | 37,352,080 |
| EBITDA non GAAP | 485,083,000 | 414,270,000 |
| Revenue by category | ||
| Prepared food and dispensed beverage | 492,580,000 | 458,434,000 |
| Grocery and general merchandise | 1,284,961,000 | 1,225,383,000 |
| Fuel | 3,724,798,000 | 2,733,659,000 |
| Other | 175,997,000 | 149,630,000 |
| Revenue less cost of goods sold by category | ||
| Prepared food and dispensed beverage | 291,971,000 | 265,983,000 |
| Grocery and general merchandise | 457,838,000 | 439,483,000 |
| Fuel | 446,929,000 | 373,554,000 |
| Other | 42,456,000 | 33,426,000 |
| Revenue less cost of goods sold | 1,239,194,000 | 1,112,446,000 |
| Dividends declared per share | 0.65 | 0.57 |
| Balance sheet | ||
| Cash and cash equivalents | 524,059,000 | |
| Receivables | 245,837,000 | |
| Inventories | 557,968,000 | |
| Total current assets | 1,388,861,000 | |
| Net property and equipment | 5,879,761,000 | |
| Operating lease right of use assets | 430,740,000 | |
| Goodwill | 1,284,216,000 | |
| Total assets | 9,121,263,000 | |
| Current maturities of long term debt and finance lease obligations | 104,323,000 | |
| Accounts payable | 853,659,000 | |
| Total current liabilities | 1,363,613,000 | |
| Long term debt and finance lease obligations net of current | 2,326,200,000 | |
| Deferred income taxes | 772,640,000 | |
| Operating lease liabilities net of current | 457,625,000 | |
| Total liabilities | 5,027,350,000 | |
| Total shareholders equity | 4,093,913,000 | |
| Total liabilities and shareholders equity | 9,121,263,000 | |
| Shares outstanding | 36,979,421 | |
| Total debt | 2,430,523,000 | |
| Cash flow | ||
| Operating cash flow | 384,072,000 | 372,417,000 |
| Capex | -194,395,000 | -110,046,000 |
| Acquisitions net of cash acquired | -43,904,000 | -9,495,000 |
| Proceeds from sales of assets | 3,578,000 | 17,499,000 |
| Investing cash flow | -234,721,000 | -102,042,000 |
| Proceeds from long term debt | 42,625,000 | 0 |
| Payments of long term debt and finance lease obligations | -45,207,000 | -42,163,000 |
| Dividends paid | -22,283,000 | -19,655,000 |
| Share repurchases | -44,856,000 | -31,251,000 |
| Tax withholdings on share based awards | -78,562,000 | -45,895,000 |
| Financing cash flow | -148,283,000 | -138,964,000 |
| Share based compensation | 16,930,000 | 15,221,000 |
| Free cash flow | 189,677,000 | 262,371,000 |
| Operating metrics | ||
| Fuel gallons sold | 934,212,000 | 911,780,000 |
CASY year-to-date income statement and cash flow
| Fiscal 2027 year to date (three months ended July 31, 2026) | Fiscal 2026 year to date (three months ended July 31, 2025) | |
|---|---|---|
| Period start | 2026-05-01 | 2025-05-01 |
| Period end | 2026-07-31 | 2025-07-31 |
| Period type | three months (year to date) | three months (year to date) |
| Source accession | 10-Q | 10-Q |
| Income statement | ||
| Total revenue | 5,678,336,000 | 4,567,106,000 |
| Cost of goods sold | 4,439,142,000 | 3,454,660,000 |
| Income before income taxes | 347,030,000 | 278,457,000 |
| Net income | 273,720,000 | 215,355,000 |
| Diluted EPS | 7.37 | 5.77 |
| Diluted shares | 37,142,257 | 37,352,080 |
| Revenue less cost of goods sold | 1,239,194,000 | 1,112,446,000 |
| Cash flow | ||
| Operating cash flow | 384,072,000 | 372,417,000 |
| Capex | -194,395,000 | -110,046,000 |
| Free cash flow | 189,677,000 | 262,371,000 |
CASY trailing twelve month income statement and cash flow
| Trailing twelve months ended July 31, 2026 | |
|---|---|
| Period start | 2025-08-01 |
| Period end | 2026-07-31 |
| Period type | trailing twelve months |
| Source accession | 10-Q |
| Source accessions | 10-K, 10-Q |
| Income statement | |
| Total revenue | 18,672,331,000 |
| Cost of goods sold | 14,224,542,000 |
| Revenue less cost of goods sold | 4,447,789,000 |
| Operating expenses | 2,893,361,000 |
| Depreciation and amortization | 456,989,000 |
| Interest net | 91,843,000 |
| Income before income taxes | 1,005,596,000 |
| Income taxes | 232,783,000 |
| Net income | 772,813,000 |
| EBITDA non GAAP | 1,554,428,000 |
| Cash flow | |
| Operating cash flow | 1,389,195,000 |
| Capex | -740,269,000 |
| Free cash flow | 648,926,000 |
| Dividends paid | -85,764,000 |
| Share repurchases | -214,110,000 |
- Derivation. FY2026 (10-K) plus Q1 FY2027 less Q1 FY2026 (10-Q)
Adjustments
| Splits applied | none |
|---|---|
| ADR ratio | n/a |
| FX | none - the company reports in US dollars |
Notes
- Casey's fiscal year ends April 30. FY2026 is the year ended April 30, 2026; Q1 FY2027 is the three months ended July 31, 2026.
- Annual figures (FY2024, FY2025 and FY2026) come from the FY2026 Form 10-K (accession 0000726958-26-000046). That filing prints three years of income statement and cash flows but only two balance sheets, so FY2024 carries no balance sheet.
- Quarterly figures for Q1 FY2027 and the year-ago Q1 FY2026 come from the Q1 FY2027 Form 10-Q (accession 0000726958-26-000085). The 10-Q prints a balance sheet at July 31, 2026 and April 30, 2026 only, so Q1 FY2026 carries no balance sheet. The April 30, 2026 column in the 10-Q matches the FY2026 10-K balance sheet line for line.
- Revenue and revenue less cost of goods sold by category (prepared food and dispensed beverage, grocery and general merchandise, fuel, other) are taken from the category tables in Management's Discussion and Analysis of each filing; the four categories sum to total revenue and to total revenue less cost of goods sold in every period. The 'other' category is mainly wholesale fuel and car wash revenue, plus lottery presented net.
- Casey's reports a single operating segment; the category breakdown is a disclosure of revenue by product line, not a segment split.
- Because the first quarter is the first period of the fiscal year, the year-to-date figures equal the Q1 FY2027 quarter and the prior-year year-to-date figures equal Q1 FY2026.
- Trailing-twelve-month figures (twelve months ended July 31, 2026) are derived as FY2026 from the 10-K plus Q1 FY2027 less Q1 FY2026 from the 10-Q. Per-share figures are not derived for the trailing period because quarterly share counts differ.
- Free cash flow and total debt are calculated, not printed: free cash flow is net cash provided by operating activities less purchase of property and equipment; total debt is current plus long-term debt and finance lease obligations as shown on the balance sheet.
- EBITDA is a non-GAAP measure Casey's reconciles to net income in each filing; the figures here are the company's own reconciliation totals.
- In Q1 FY2027 Casey's early adopted ASU 2026-02 (environmental credits, affecting its accounting for renewable identification numbers) retrospectively from May 1, 2026, and states the effect on prior periods was not material. The Q1 FY2026 figures shown in the 10-Q match those originally reported in the company's Q1 FY2026 earnings release (Form 8-K, accession 0000726958-25-000102: total revenue $4,567,106 thousand; net income $215,355 thousand; diluted EPS $5.77).
- No stock splits occurred in the periods covered, and Casey's common stock is listed directly (not as an ADR); no per-share adjustment was needed. All figures are in US dollars as reported.
- Share repurchases are shown as the cash flow statement line 'Repurchase of common stock and payment of related excise taxes'; the statement of shareholders' equity records a slightly different repurchase amount for some periods (for example $201,810 thousand versus $200,505 thousand in FY2026).
Uncertainties
- The trailing-twelve-month view combines the FY2026 annual figures, which were reported before the Q1 FY2027 adoption of ASU 2026-02, with Q1 figures presented after it. Casey's states the effect on prior periods was not material, so the combination is treated as comparable.
- Fuel gallons sold for the annual periods come from the 10-K's retail fuel operations table ('Number of gallons sold'), while the quarterly figure comes from the 10-Q's fuel category table ('Fuel gallons sold'). Both describe the fuel category, but the two tables are labelled differently.
Line item definitions
| Total revenue | Total revenue as printed on the income statement. |
|---|---|
| Cost of goods sold | Cost of goods sold, which Casey's reports excluding depreciation and amortization (shown separately). |
| Revenue less cost of goods sold | Total revenue less cost of goods sold (excluding depreciation and amortization), the margin measure Casey's itself reports. It is not a conventional gross profit, because depreciation and amortization sit below it. |
| Operating expenses | Operating expenses as printed; excludes depreciation and amortization. |
| Interest net | Interest, net: interest expense net of interest income and capitalized interest, shown as a positive expense. |
| Basic shares / diluted shares | Weighted-average shares outstanding used in the basic and diluted earnings per share calculations, in actual shares. |
| Shares outstanding | Common shares outstanding at the balance sheet date, from the statement of shareholders' equity. |
| Total debt | Current maturities of long-term debt and finance lease obligations plus long-term debt and finance lease obligations, net of current maturities. Includes finance lease obligations; excludes operating lease liabilities. |
| Capex | Purchase of property and equipment, shown as a cash outflow (negative). |
| Free cash flow | Net cash provided by operating activities less purchase of property and equipment. Payments for acquisitions of businesses are not deducted. |
| Share repurchases | Repurchase of common stock and payment of related excise taxes (cash flow statement). |
| EBITDA non GAAP | EBITDA as defined and reconciled by Casey's (net income before net interest, income taxes, and depreciation and amortization). A non-GAAP measure. |
| Fuel gallons sold | Fuel gallons sold, in actual gallons (printed in thousands). |
| Dividends declared per share | Dividends declared per share, as stated in the statement of shareholders' equity. |
Company details
| Name | Caseys General Stores Inc |
|---|---|
| Ticker | CASY |
| CIK | 0000726958 |
| Exchange | Nasdaq |
| State | Iowa |
| Incorporation | Iowa |
| SIC | 5500 |
| Office | Trade & Services |
| Industry | Retail-Auto Dealers & Gasoline Stations |
Fiscal period
| Fiscal year | 2027 |
|---|---|
| Fiscal period | Q1 |
| Tag | FY27Q1 |
| Period end | 2026-07-31 |
| Form | 10-Q |
| Accession | 0000726958-26-000085 |
| Fiscal year end | 0430 |
| Source | facts |
Source filings
| Role | Current | Form | Fiscal year | Fiscal period | Tag | Period end | Filed | Accession | Source |
|---|---|---|---|---|---|---|---|---|---|
| annual | no | 10-K | 2026 | FY | FY26 | 2026-04-30 | 2026-06-22 | 0000726958-26-000046 | reported |
| quarterly | yes | 10-Q | 2027 | Q1 | FY27Q1 | 2026-07-31 | 2026-09-08 | 0000726958-26-000085 | facts |
FAQ · Casey's General Stores financial statements
How much revenue did Casey's make in Q1 FY2027?
Casey's General Stores reported $5.68 billion in revenue for Q1 FY2027, the quarter ended July 31, 2026, up 24.3% from $4.57 billion a year earlier. Most of the increase came from higher retail fuel prices rather than from inside-store sales.
What were Casey's earnings per share in Q1 FY2027?
Casey's General Stores earned $7.37 per diluted share in Q1 FY2027, up 27.7% from $5.77 a year earlier, on net income of $273.72 million, up 27.1% from $215.35 million.
How much gross profit did Casey's make on fuel in Q1 FY2027?
Casey's General Stores earned $446.93 million of gross profit on fuel in Q1 FY2027, up 19.6% from $373.55 million a year earlier. The company described industry fuel margins in the quarter as historically high and warned that they can change unpredictably.
How are Casey's prepared food sales doing in Q1 FY2027?
Casey's General Stores reported $492.58 million of prepared food and dispensed beverage revenue in Q1 FY2027, up 7.4% from $458.43 million a year earlier, with same-store growth in the category led by whole pizzas.
Where can I get Casey's General Stores, Inc. (CASY) financial data in machine-readable form?
Ticker Scout publishes Casey's General Stores, Inc.'s financial statements as JSON at https://tickerscout.ai/casy/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/casy/narrative.md and https://tickerscout.ai/casy/events.md. Casey's General Stores, Inc.'s SEC CIK is 0000726958. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Casey's General Stores, Inc. (CASY) next file with the SEC?
Casey's General Stores, Inc. (CASY) is expected to file its next Form 10-Q with the SEC on or around December 8, 2026. That date is a projection rather than a company-announced date: it is derived from Casey's General Stores, Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q1 FY2027, the period ended 2026-07-31, SEC accession 0000726958-26-000085.
How this page was built
This page was built from three of Casey's General Stores, Inc.'s own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names two such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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