With Winter Heating Season Nearing, PSEG Long Island Hosts Community Events to Help Customers Struggling with Bills

October 27, 2025

Support programs and deferred payment plans are available to eligible customers

UNIONDALE, N.Y., Oct. 27, 2025 /PRNewswire-HISPANIC PR WIRE/ — As winter heating season approaches, PSEG Long Island is holding three community events to help customers apply for state and federal programs that exist to help those struggling with utility bills. There are also many ways they can lower their bills by using energy wisely.

PSEG Long Island’s three events are designed to help connect customers with financial assistance from various resources. Community organizations, service providers and other groups will be present, many offering free items including LED light bulbs. They are scheduled as follows:

Monday, Nov. 3
Stop & Shop Parking Lot
999 Montauk Hwy, Shirley
1 – 5:30 PM
The first 200 attendees will receive fresh produce from Long Island Cares

Thursday, Nov. 6
UBS Arena Parking Lot
2400 Hempstead Turnpike, Elmont
1 – 5:30 PM
The first 200 attendees will receive fresh produce from Long Island Cares

Thursday, Nov. 13
Key Food Parking Lot
20-20 New Haven Blvd Far Rockaway, NY
1 – 5:30 PM

“While PSEG Long Island is not a provider of natural gas or heating oil, we know this fall has been a time of economic uncertainty for a lot of people, and we want all our customers to be able to keep their homes warm this winter,” said Brigitte Wynn, PSEG Long Island’s director of Revenue Operations. “We offer resources, tips and a variety of energy efficiency programs. There are also state programs that can help with heating costs. And if you are struggling to pay bills, we encourage you to please reach out to us to enroll in a deferred payment agreement and learn about available financial assistance programs. We’re here to help.”

Assistance available to those struggling with bills
PSEG Long Island wants to work with any customer struggling to pay their bills and help them find a solution. The company encourages anyone with a past-due account balance to visit psegliny.com/assistance, access assistance resources through the PSEG Long Island mobile app, or call 1-800-490-0025 so a representative can help them develop a deferred payment agreement tailored to the needs of their household.

PSEG Long Island also offers its Residential Energy Affordability Partnership Program, a free program for income-eligible customers. A REAP technician will visit, conduct a free home energy survey and may install energy-saving measures. To learn more, visit psegliny.com/REAP.

Additionally, PSEG Long Island wants to help customers unable to attend its community events be aware of the financial assistance programs offered by New York State:

The Home Energy Assistance Program (HEAP) can provide a heating fuel grant to eligible homeowners and renters depending on income, household size and how they heat their home. A family of four may have a maximum gross monthly income of $6,680 and still qualify for benefits. This benefit is tentatively scheduled to open on Nov. 17. For more information, visit https://otda.ny.gov/programs/heap/.

Emergency HEAP, a subset of the HEAP program, offers eligible customers a grant to help low- and middle-income New Yorkers avoid having their home heating disconnected or if they are running low or are out of their deliverable heat source (i.e. fuel oil, kerosene or propane). This emergency portion of HEAP is tentatively scheduled to open on Jan. 2, 2026. If customers are experiencing an emergency, they can apply for this benefit by reaching out to their local Department of Social Services location, which can be found here: https://otda.ny.gov/programs/heap/contacts/ There is only one emergency HEAP benefit currently planned for this winter season.

Customers who applied for and received HEAP last year are eligible for PSEG Long Island’s Household Assistance Program. If they submit a copy of their last HEAP benefit as proof, the Household Assistance Program can provide a discount of up to $78 per month for the next 18 months, offsetting some other state and federal benefits that might be delayed. Customers can apply for the Household Assistance Program online here. Customers who do not or cannot receive one of these state and federal benefits can apply for the Household Assistance Program in other ways. More information is available at psegliny.com/assistance. Customers can also call PSEG Long Island’s Consumer Advocacy Line at 631-755-3407 or email [email protected].

How all customers can lower their bills

Seal windows and doorframes with weather stripping or caulk, and remove or cover window air conditioners to help to prevent drafts that waste energy and money.
Ceiling fans can be used to save energy in winter. Setting a fan to rotate clockwise on low pulls cool air toward the ceiling, pushing warm air down into a room.
Lower your thermostat by just one degree to potentially reduce your heating bill. Lowering it two degrees during the day and five to 10 degrees at night will save even more.
Use a programmable thermostat.
ENERGY STAR® estimates that homes with high heating and cooling bills, as well as homes that are unoccupied for much of the day, can save approximately $100 a year with an ENERGY STAR® certified smart thermostat. In addition, PSEG Long Island offers rebates on smart thermostats.
Replace inefficient incandescent light bulbs with LED bulbs since, according to the U.S. Department of Energy, lighting accounts for about 15% of the electricity used in the home, and LEDs use up to 90% less energy and last up to 25 times longer.
Customers on Time-of-Day rates can run the dishwasher, clothes dryer and other high-energy-use appliances outside of peak hours.
Customers on Time-of-Day rates can charge electric vehicles to run outside of peak hours.
Install a high efficiency air source heat pump (ASHP) to lower energy usage in cold and hot months. Rebates are available from PSEG Long Island.

More money-saving ideas and rebate information are available at psegliny.com/saveenergyandmoney/energystarrebates.

PSEG Long Island

PSEG Long Island operates the Long Island Power Authority’s transmission and distribution system under a long-term contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.

Visit PSEG Long Island at:

psegliny.com

PSEG Long Island on Facebook

PSEG Long Island on Instagram

PSEG Long Island on X (formerly Twitter

)

PSEG Long Island on LinkedIn

PSEG Long Island on YouTube

PSEG Long Island on Flickr

Contact: Media Relations Pager
516.229.7248
[email protected]

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SOURCE PSEG Long Island

Levels® Now Available at H-E-B, Marking a Major Milestone for the Brand

October 27, 2025

The protein powder made with nothing fake
announced its availability in 162 H-E-B stores across Texas

SAN ANTONIO, Oct. 27, 2025 /PRNewswire-HISPANIC PR WIRE/ — Today, Levels, the protein powder that’s made with nothing fake, ever, announced its debut at H-E-B, one of Texas’ most trusted grocery chains. Starting October 27, 2025, Levels’ 1.48 lb Double Chocolate and 1.48 lb Vanilla Bean whey protein powders will be available in select flagship H-E-B locations across the state.

This milestone underscores the brand’s growing presence in the retail market, with US Sales projected to exceed $4B in 2025, denoting an all-time high demand for protein powder, and reflects a rising consumer demand for minimal-ingredient, high-quality whey protein.

“Our introduction into H-E-B is a major moment for us,” said Blake Neimann, Founder & CEO of Levels. “Texas is one of our biggest markets, so we’re excited to be on shelves at one of the most respected retailers in the country, which aligns with our dedication to cut the B.S. and only deliver quality ingredients to our consumers. As more consumers are seeking transparency and simplicity in their nutrition, this is validation of our mission to deliver clean, effective protein without unnecessary additives.”

On the heels of the recent Consumer Reports study, revealing elevated lead quantities in many popular protein powders, the introduction of Levels to H-E-B couldn’t come at a better time. With rising concerns about product safety and ingredient sourcing across the industry, Levels is made with just 6-8 ingredients, taking a radically simple approach by sourcing grass-fed, hormone-free dairy to make its whey protein concentrate — the least processed form of whey.

As one of less than 30% of protein brands to receive the Clean Label Project’s Purity Award, Levels is certified by the organization, which screens for over 400 potential contaminants, including heavy metals, pesticides, and plasticizers. This means every scoop is tested and verified by one of the toughest third-party certifications out there.

“We started Levels as we were frustrated by how disconnected most supplement products were from real health. Labels were confusing, ingredients were questionable, and “healthy” often meant ultra-processed. We wanted to create transparency, and that’s why we align so closely with H-E-B’s approach to quality. They share our belief that what you put in your body should be fresh and grounded in integrity, not shortcuts. This partnership makes it easier for people to trust what’s in their protein and understand how it impacts their body.

Consumers can now find Levels Whey Protein on shelves at H-E-B’s in Austin, Dallas/Ft. Worth, Houston, and San Antonio areas as well as other physical points of distribution, and online, across major retailers including Walmart, Target, Kroger, Meijer, Wegmans, Amazon, Costco.com, and Costco Warehouse Stores.

About Levels

Founded by Blake Niemann, Levels aims to revolutionize the protein industry with its all-natural protein powders, focusing on minimal ingredients and affordability. Levels ensures that consumers receive straightforward, clean nutrition they can trust. The brand projects to surpass 9,000 physical points of distribution by 2025, across major retailers including H-E-B, Walmart, Target, Kroger, Meijer, Wegmans, Amazon, Costco.com, and Costco Warehouse Stores.

About H-E-B

H-E-B, with annual sales of more than $50 billion, operates over 455 stores in Texas and Mexico. Known for its innovation, H-E-B celebrates its 120th anniversary this year. Recognized for its fresh food, quality products, convenient services, and a commitment to environmental responsibility and sustainability, H-E-B strives to provide the best customer experience and low prices. H-E-B is based in San Antonio and employs over 175,000 Partners in Texas and Mexico and serves millions of customers in more than 300 communities.

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SOURCE Levels

Parkland Reports 2025 Third Quarter Results and Provides Update on the Sunoco Transaction

October 27, 2025

Strong third quarter Adjusted EBITDA¹ of $540 million

On track to deliver midpoint of 2025 Adjusted EBITDA Guidance² of $1.8 to $2.1 billion

Sunoco Transaction³ expected to close on October 31, 2025

CALGARY, AB, Oct. 27, 2025 /PRNewswire-HISPANIC PR WIRE/ — Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX: PKI), today announced its financial and operating results for the three and nine months ended September 30, 2025.

“Parkland delivered another strong quarter, reflecting the strength of its diversified business, and clearly demonstrating our ability to deliver 2025 Adjusted EBITDA guidance,” said Bob Espey, President and Chief Executive Officer. “As we approach this important milestone, I am incredibly proud and grateful of the Parkland team and the industry leading business we have built together. I am excited about Parkland’s next phase of growth with Sunoco, the power of the combined platform, and have confidence in the Company’s ability to deliver significant synergies and long-term value for its stakeholders.”

Q3 2025 Highlights

Delivered Adjusted EBITDA of $540 million, up from $431 million in Q3 2024, primarily driven by strong operations and margins at the Burnaby Refinery and robust performance in the Canada and International segments. These were partially offset by softness in the USA segment due to continued macroeconomic pressures and competition.
Net earnings of $129 million ($0.74 per share, basic), up from $91 million ($0.52 per share, basic) in Q3 2024, and Adjusted earnings⁴ of $180 million ($1.03 per share⁴, basic), as compared to $106 million ($0.61 per share, basic) in Q3 2024.
Trailing twelve months (“TTM”) Available cash flow⁴ of $668 million ($3.83 per share⁴), up from $627 million ($3.58 per share) in 2024, primarily driven by higher Adjusted EBITDA. TTM Cash generated from operating activities² of $1,646 million ($9.45 per share²), up from $1,490 million ($8.51 per share) in 2024.
Leverage Ratio⁵ decreased to 3.1 times (3.6 times in Q4 2024) and liquidity available² of approximately $2.3 billion.
Total recordable injury frequency rate⁶ on a TTM basis was 1.07, compared to 1.04 in Q3 2024.

____________________________
⁽¹⁾	Total of segments measure. See “Measures of Segment Profit(Loss) and Total of Segments Measures” section of this news release.
⁽²⁾	Supplementary financial measure. See “Supplementary Financial Measures” section of this news release.
⁽³⁾	On May 5, 2025, Parkland and Sunoco LP (NYSE: SUN) (“Sunoco”) announced that they entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland by way of a court-approved plan of arrangement (the “Plan of Arrangement”) in a cash and equity transaction valued at approximately U.S.$9.1 billion, including assumed debt (the “Transaction”).
⁽⁴⁾	Non-GAAP financial measure or non-GAAP financial ratio. See “Non-GAAP Financial Measures and Ratios” section of this news release.
⁽⁵⁾	Capital management measure. See “Capital Management Measures” section of this news release.
⁽⁶⁾	Non-financial measure. See “Non-Financial Measures” section of this news release.

Q3 2025 Segment Highlights

Canada delivered Adjusted EBITDA of $208 million, compared to $196 million in Q3 2024, driven by stronger fuel unit margins from continued price and supply optimization. Results were partially offset by softer retail demand in our company-owned network, which is reflected in our Company same-store volume growth (“Company SSVG”)⁶ of (2.3) percent. Food and Company C-Store same-store sales growth (“Food and Company C-Store SSSG”)⁴ excluding cigarettes was 4.1 percent, reflecting continued growth in alcohol and packaged beverages driven by successful marketing initiatives through our loyalty program.
International delivered Adjusted EBITDA of $161 million, compared to $150 million in Q3 2024, reflecting strong volume growth in both the retail and commercial businesses.
USA delivered Adjusted EBITDA of $28 million, compared to $52 million in Q3 2024, driven by lower fuel unit margins due to an ongoing competitive pricing environment and reduced rail and regional arbitrage opportunities.
Refining delivered Adjusted EBITDA of $151 million, compared to $48 million in Q3 2024, driven by higher refining margins combined with strong composite utilization⁶ of 103.1 percent.

Update on the Sunoco Transaction

Parkland announced that the Transaction is expected to close on October 31, 2025, subject to the satisfaction or waiver of customary closing conditions. Following completion of the Transaction, Parkland shares will be delisted from the Toronto Stock Exchange.

Common Units representing limited liability company interests in SunocoCorp (“SunocoCorp Units”), to be issued to shareholders of Parkland in connection with the Transaction, are expected to begin trading on the New York Stock Exchange on November 3, 2025 under the ticker symbol “SUNC”.

Parkland also announced the preliminary results of the elections in respect of the consideration received pursuant to the Transaction. Based on the elections received by the election deadline of October 17, 2025:

Parkland shareholders holding approximately 94,964,700 Parkland shares elected the all-cash consideration,
Parkland shareholders holding approximately 9,734,800 Parkland shares elected the all SunocoCorp Unit consideration; and
Parkland shareholders holding approximately 69,911,000 Parkland shares elected, or were deemed to have elected, a combination of cash and SunocoCorp Unit consideration.

The all-cash elected consideration and all SunocoCorp Unit elected consideration are subject to proration, maximum amounts and adjustments in accordance with the Plan of Arrangement.

Due to the pending closing of the Transaction, Parkland will not host a conference call or webcast to discuss its third quarter results.

Consolidated Financial Overview

($ millions, unless otherwise noted)	Three months ended September 30,
Financial Summary	2025	2024
Sales and operating revenue	7,353	7,126
Adjusted EBITDA⁽¹⁾	540	431
Canada⁽²⁾⁽³⁾	208	196
International⁽²⁾⁽³⁾	161	150
USA⁽²⁾⁽³⁾	28	52
Refining⁽²⁾⁽³⁾	151	48
Corporate⁽²⁾⁽³⁾	(8)	(15)
Net earnings (loss)	129	91
Net earnings (loss) per share – basic ($ per share)	0.74	0.52
Net earnings (loss) per share – diluted ($ per share)	0.73	0.52
Trailing twelve months (“TTM”) Cash generated from (used in) operating activities⁽⁴⁾	1,646	1,490
TTM Cash generated from (used in) operating activities per share⁽⁴⁾	9.45	8.51
TTM Available cash flow⁽⁵⁾⁽⁶⁾	668	627
TTM Available cash flow per share⁽⁵⁾⁽⁶⁾	3.83	3.58
TTM ROIC⁽⁶⁾	8.5 %	7.8 %

⁽¹⁾	Total of segments measure. See “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release.
⁽²⁾	For comparative purposes, certain amounts certain amounts in 2024 were revised to conform to the presentation used in the current period with respect to the allocation of Corporate costs. See Note 2d of the Interim Condensed Consolidated Financial Statements for further details
⁽³⁾	Measure of segment profit (loss). See “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release.
⁽⁴⁾	Supplementary financial measure. See “Supplementary Financial Measures” section of this news release.
⁽⁵⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management with no changes to Adjusted EBITDA or net earnings to conform to the presentation used in the current period.
⁽⁶⁾	Non-GAAP financial measure or non-GAAP financial ratio. See “Non-GAAP Financial Measures and Ratios” section of this news release.

MD&A and Annual Consolidated Financial Statements

The Management’s Discussion and Analysis for the three and nine months ended September 30, 2025 (the “Q3 2025 MD&A”) and Interim Condensed Consolidated Financial Statements for the three and nine months ended September 30, 2025 (the “Q3 2025 Condensed Consolidated Financial Statements”) provide a detailed explanation of Parkland’s operating results for the three and nine months ended September 30, 2025. An English version of these documents will be available online at www.parkland.ca and the System for Electronic Data Analysis and Retrieval+ (“SEDAR+”) after the results are released by newswire under Parkland’s profile at www.sedarplus.ca. The French versions of the Q3 2025 MD&A and the Q3 2025 Condensed Consolidated Financial Statements will be posted to www.parkland.ca and SEDAR+ as soon as they become available.

About Parkland Corporation

Parkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in twenty-six countries across the Americas. Our retail network meets the fuel and convenience needs of everyday consumers. Our commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting our customers’ needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultra-fast EV charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, we have developed supply, distribution and trading capabilities to accelerate growth and business performance.

Our strategy is focused on two interconnected pillars: our Customer Advantage and our Supply Advantage. Through our Customer Advantage, we aim to be the first choice of our customers through our proprietary brands, differentiated offers, extensive network, competitive pricing, reliable service, and compelling loyalty program. Our Supply Advantage is based on achieving the lowest cost to serve among independent fuel marketers and distributors in the hard-to-serve markets in which we operate, through our well-positioned assets, significant scale, and deep supply and logistics capabilities. Our business is underpinned by our people and our values of safety, integrity, community and respect, which are embedded across our organization.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking information and statements (collectively, “forward-looking statements”). When used the words “expect”, “will”, “could”, “would”, “believe”, “continue”, “pursue”, “on track”, “aim” and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things: business strategies, objectives and initiatives; expectation to remain on track to achieve midpoint of 2025 Adjusted EBITDA Guidance range; Parkland’s ability to achieve 2025 guidance; the combined company’s ability to deliver significant synergies and long-term value to stakeholders; and the Transaction, including the completion and timing thereof, and expectations respecting the trading of the SunocoCorp Units.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligation to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to: the completion of the Transaction, including the timing thereof and realizing the benefits resulting therefrom; Parkland’s ability to successfully integrate its operations with Sunoco following the Transaction; general economic, market and business conditions; micro and macroeconomic trends and conditions, including increases in interest rates, inflation, imposition of tariffs and fluctuating commodity prices; Parkland’s ability to execute its business objectives, projects and strategies, including the completion, financing and timing thereof, realizing the benefits therefrom, meeting our targets, outlook and commitments relating thereto, and the impact of the Transaction thereon; ability to remain on track to achieve the midpoint of 2025 Adjusted EBITDA Guidance range and achieve its 2025 guidance and the assumptions relating thereto; and other factors, many of which are beyond the control of Parkland and the assumptions and risks described in “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” included in Parkland’s most recently filed Annual Information Form, and in “Forward-Looking Information” and “Risk Factors” in the Q4 2024 MD&A, each as filed on SEDAR+ and available on the Parkland website at www.parkland.ca. In addition, the 2025 Adjusted EBITDA Guidance reflects continued integration of acquired businesses and synergy capture, and progression of organic growth initiatives, and key material assumptions include: market trends in line with Parkland’s current expectations; expected performance from Parkland’s combined retail and commercial lines of business during the 2025 financial year that is consistent with the prior year; Burnaby Refinery composite utilization of 90 to 95% based on the Burnaby Refinery’s crude processing capacity of 55,000 bpd, and completion of planned maintenance, including deferral of the previously planned turnaround to 2026; and implementation of ongoing cost reductions across the business. The forward-looking statements contained in this news release are expressly qualified by these cautionary statements.

Specified Financial Measures

This news release contains total of segments measures, non-GAAP financial measures and non-GAAP financial ratios, supplementary financial measures and capital management measures (collectively, “specified financial measures”). Parkland’s management uses certain specified financial measures to analyze the operating and financial performance, leverage, and liquidity of the business. These specified financial measures do not have any standardized meaning under International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) and are therefore unlikely to be comparable to similar measures presented by other companies. The specified financial measures should not be considered in isolation or used in substitute for measures of performance prepared in accordance with the IFRS Accounting Standards. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for further details regarding specified financial measures used by Parkland.

Non-GAAP Financial Measures and Ratios

Adjusted earnings (loss) is a non-GAAP financial measure and Adjusted earnings (loss) per share is a non-GAAP financial ratio, each representing the underlying core operating performance of business activities of Parkland at a consolidated level. The most directly comparable financial measure to Adjusted earnings (loss) and Adjusted earnings (loss) per share is Net earnings (loss).

Adjusted earnings (loss) and Adjusted earnings (loss) per share represent how well Parkland’s operational business is performing, while considering depreciation and amortization, interest on leases and long-term debt, accretion and other finance costs, and income taxes. The Company uses these measures because it believes that Adjusted earnings (loss) and Adjusted earnings (loss) per share are useful for management and investors in assessing the Company’s overall performance, as they exclude certain items that are not reflective of the Company’s underlying business operations.

See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Adjusted earnings (loss) and Adjusted earnings (loss) per share.

Please see below for the reconciliation of Adjusted earnings (loss) to net earnings (loss) and the calculation of Adjusted earnings (loss) per share.

	Three months ended September 30,		Nine months ended September 30,
($ millions, unless otherwise stated)	2025	2024	2025	2024
Net earnings (loss)	129	91	365	156
Add/(less):
Acquisition, integration and other costs	22	61	97	137
(Gain) loss on foreign exchange – unrealized	7	1	(2)	8
(Gain) loss on risk management and other – unrealized⁽⁴⁾	(3)	(48)	(51)	11
Costs related to the Sunoco Transaction	38	—	84	—
Other (gains) and losses	(4)	(1)	(93)	8
Other adjusting items⁽¹⁾⁽⁴⁾	8	7	19	33
Tax normalization⁽²⁾	(17)	(5)	(16)	(48)
Adjusted earnings (loss)	180	106	403	305
Weighted average number of common shares (million shares)⁽³⁾	175	174	174	175
Weighted average number of common shares adjusted for the effects of dilution (million shares)⁽³⁾	177	176	176	177
Adjusted earnings (loss) per share ($ per share)
Basic	1.03	0.61	2.31	1.74
Diluted	1.02	0.60	2.29	1.72

⁽¹⁾	Other adjusting items for the three months ended September 30, 2025, include: (i) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $8 million (2024 – $4 million); (ii) other income of $3 million (2024 – $3 million); and (iii) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $3 million gain (2024 – nil). Other adjusting items for the nine months ended September 30, 2025, include: (i) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $21 million (2024 – $11 million); (ii) other income of $6 million (2024 – $8 million); (iii) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $4 million gain (2024 – $12 million loss); (iv) adjustment to foreign exchange gains and losses related to cash pooling arrangements of $4 million gain (2024 – $4 million loss); and (v) realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 -$2 million gain).
⁽²⁾	The tax normalization adjustment was applied to net earnings (loss) adjusting items that were considered temporary differences, such as acquisition, integration and other costs, unrealized foreign exchange gains and losses, unrealized gains and losses on risk management and other, gains and losses on asset disposals, changes in fair value of redemption options, changes in estimates of environmental provisions, loss on inventory write-downs for which there are offsetting associated risk management derivatives with unrealized gains, impairments of non-current assets and costs related to the Sunoco Transaction. The tax impact was estimated using the effective tax rates applicable to jurisdictions where the related items occur.
⁽³⁾	Weighted average number of common shares is calculated in accordance with Parkland’s accounting policy contained in Note 2 of the Annual Consolidated Financial Statements.
⁽⁴⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management with no changes to Adjusted earnings (loss) to conform to the presentation used in the current period.

Available cash flow is a non-GAAP financial measure and Available cash flow per share is a non-GAAP financial ratio. The most directly comparable financial measure for Available cash flow and Available cash flow per share is cash generated from (used in) operating activities. Parkland uses these measures to set targets (including annual guidance and variable compensation target) and monitor its ability to generate cash flow for capital allocation, including distributions to shareholders, investment in the growth of the business, and deleveraging. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Available cash flow and Available cash flow per share. See the following table for a calculation of historical Available cash flow and Available cash flow per share and a reconciliation to cash generated from (used in) operating activities.

	Three months ended				Trailing twelve months ended September 30, 2025
($ millions, unless otherwise noted)	December 31, 2024	March 31, 2025	June 30, 2025	September 30, 2025	Trailing twelve months ended September 30, 2025
Cash generated from (used in) operating activities	462	286	502	396	1,646
Reverse: Change in other assets and other liabilities	80	1	(7)	22	96
Reverse: Net change in non-cash working capital related to operating activities⁽¹⁾	(180)	53	(87)	42	(172)
Include: Maintenance capital expenditures	(96)	(62)	(70)	(56)	(284)
Include: Dividends received from investments in associates and joint ventures	7	5	6	3	21
Include: Interest on leases and long-term debt	(87)	(89)	(83)	(82)	(341)
Include: Payments of principal amount on leases	(76)	(77)	(74)	(71)	(298)
Available cash flow	110	117	187	254	668
Weighted average number of common shares (millions)⁽²⁾					174
TTM Available cash flow per share					3.83


	Three months ended				Trailing twelve months ended September 30, 2024
($ millions, unless otherwise noted)	December 31, 2023	March 31, 2024 ⁽¹⁾	June 30, 2024	September 30, 2024	Trailing twelve months ended September 30, 2024
Cash generated from (used in) operating activities	417	217	450	406	1,490
Reverse: Change in other assets and other liabilities	(4)	28	3	(68)	(41)
Reverse: Net change in non-cash working capital related to operating activities⁽¹⁾	17	55	(34)	21	59
Include: Maintenance capital expenditures	(93)	(59)	(53)	(71)	(276)
Include: Dividends received from investments in associates and joint ventures	3	2	8	3	16
Include: Interest on leases and long-term debt	(88)	(85)	(88)	(85)	(346)
Include: Payments on principal amount on leases	(71)	(71)	(64)	(69)	(275)
Available cash flow	181	87	222	137	627
Weighted average number of common shares (millions)⁽²⁾					175
TTM Available cash flow per share					3.58

⁽¹⁾	For comparative purposes, certain amounts within the net change in non-cash working capital related to operating activities for the three months ended March 31, 2024, were revised to conform to the current period presentation.
⁽²⁾	Weighted average number of common shares is calculated in accordance with Parkland’s accounting policy contained in Note 2 of the Annual Consolidated Financial Statements.

ROIC is a non-GAAP financial ratio. The measure is calculated as a ratio of Net operating profit after tax (“NOPAT”) divided by average invested capital. NOPAT describes the profitability of Parkland’s base operations, excluding the impact of leverage and certain other items of income and expenditure that are not considered representative of Parkland’s underlying core operating performance. NOPAT is based on Adjusted EBITDA, defined in the “Measures of Segment Profit (Loss) and Total of Segments Measures” section of this news release, less depreciation and amortization expense, including pro-forma depreciation on assets classified as held for sale, and the estimated tax expense using the expected average tax rate estimated using statutory tax rates in each jurisdiction where Parkland operates. Average invested capital is the amount of capital deployed by Parkland that represents the average of opening and closing debt, including debt liabilities classified as held for sale, as well as shareholder’s equity, including equity reserves, net of cash and cash equivalents. We use this non-GAAP measure to assess Parkland’s efficiency in investing capital.

($ millions, unless otherwise noted)	Three months ended
ROIC	December 31, 2024	March 31, 2025	June 30, 2025	September 30, 2025	Trailing twelve months ended September 30, 2025
Net earnings (loss)	(29)	64	172	129	336
Add/(less):
Income tax expense (recovery)	(8)	8	39	39	78
Acquisition, integration and other costs	81	29	46	22	178
Depreciation and amortization	210	202	220	213	845
Finance cost	92	99	93	91	375
(Gain) loss on foreign exchange – unrealized	(2)	(5)	(4)	7	(4)
(Gain) loss on risk management and other – unrealized	34	3	(51)	(3)	(17)
Costs related to the Sunoco Transaction	—	—	46	38	84
Other (gains) and losses	30	(19)	(70)	(4)	(63)
Other adjusting items	20	(6)	17	8	39
Adjusted EBITDA	428	375	508	540	1,851
Less: Depreciation and amortization	(210)	(202)	(220)	(213)	(845)
Less: Pro-forma depreciation and amortization on assets classified as held for sale	(7)	(7)	14	—	—
Adjusted EBIT	211	166	302	327	1,006
Average effective tax rate					21.9 %
Less: Taxes					(220)
Net operating profit after tax					786
Opening invested capital					9,306
Closing invested capital					9,280
Average invested capital					9,293
Return on invested capital					8.5 %

Invested Capital	September 30,
($ millions, unless otherwise noted)	2025	2024
Long-term debt – current portion	848	220
Long-term debt	5,569	6,104
Long-term debt in liabilities classified as held for sale⁽¹⁾	2	181
Shareholders’ equity	3,267	3,164
Exclude: Cash and cash equivalents	(406)	(363)
Total	9,280	9,306

($ millions, unless otherwise noted)	Three months ended
ROIC	December 31, 2023	March 31, 2024	June 30, 2024	September 30, 2024	Trailing twelve months ended September 30, 2024
Net earnings (loss)	86	(5)	70	91	242
Add/(less):
Income tax expense (recovery)	(15)	(29)	20	17	(7)
Acquisition, integration and other costs	42	30	46	61	179
Depreciation and amortization	222	206	202	207	837
Finance cost	89	91	99	96	375
(Gain) loss on foreign exchange – unrealized	—	3	4	1	8
(Gain) loss on risk management and other – unrealized⁽²⁾	28	3	56	(48)	39
Other (gains) and losses	5	10	(1)	(1)	13
Other adjusting items⁽²⁾	6	18	8	7	39
Adjusted EBITDA	463	327	504	431	1,725
Less: Depreciation and amortization	(222)	(206)	(202)	(207)	(837)
Adjusted EBIT	241	121	302	224	888
Average effective tax rate					19.0 %
Less: Taxes					(169)
Net operating profit after tax					719
Opening invested capital					9,238
Closing invested capital					9,306
Average invested capital					9,272
Return on invested capital					7.8 %

Invested Capital	September 30,
($ millions, unless otherwise noted)	2024	2023
Long-term debt – current portion	220	180
Long-term debt	6,104	6,227
Long-term debt in liabilities classified as held for sale⁽¹⁾	181	—
Shareholders’ equity	3,164	3,259
Exclude: Cash and cash equivalents	(363)	(428)
Total	9,306	9,238

⁽¹⁾	For comparative purposes, long-term debt in liabilities classified as held for sale were included as part of invested capital as at September 30, 2024, to conform to the current period presentation.
⁽²⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management for the three months ended March 31, 2024, with no changes to Adjusted EBITDA.

Food and Company C-Store SSSG is a non-GAAP financial ratio and refers to the period-over-period sales growth generated by retail food and convenience stores at the same Company sites. The effects of opening and closing stores, temporary closures (including closures for On the Run / Marché Express conversions), expansions of stores, renovations of stores, and stores with changes in food service models in the period are excluded to derive a comparable same-store metric. Same-store sales growth is a metric commonly used in the retail industry that provides meaningful information to investors in assessing the health and strength of Parkland’s brands and retail network, which ultimately impacts financial performance. The most directly comparable financial measure to Food and Company C-Store SSSG is food and convenience store revenue within sales and operating revenue.

Below is a reconciliation of convenience store revenue (Food and C-Store revenue) for the Canada segment with the Food and Company C-Store same store sales (“SSS”), and the calculation of the Food and Company C-Store SSSG.

	Three months ended September 30,			Nine months ended September 30,
($ millions, unless otherwise noted)	2025	2024	%⁽¹⁾	2025	2024	%⁽¹⁾
Food and Company C-Store revenue	86	82		248	242
Add:
Point-of-sale (“POS”) value of goods and services sold at Food and Company C-Store operated by retailers and franchisees⁽²⁾	313	312		876	891
Less:
Rental and royalty income from retailers, franchisees and other⁽³⁾	(64)	(62)		(182)	(184)
Same Store revenue adjustments⁽⁴⁾ (excluding cigarettes)	(15)	(14)		(41)	(38)
Food and Company C-Store same-store sales (including cigarettes)	320	318	0.5 %	901	911	(1.2) %
Less:
Same Store revenue adjustments⁽⁴⁾ (cigarettes)	(102)	(109)		(284)	(312)
Food and Company C-Store same-store sales (excluding cigarettes)	218	209	4.1 %	617	599	2.7 %


	Three months ended September 30,			Nine months ended September 30,
($ millions, unless otherwise noted)	2024	2023	%⁽¹⁾	2024	2023	%⁽¹⁾
Food and Company C-Store revenue	82	81		242	230
Add:
Point-of-sale (“POS”) value of goods and services sold at Food and Company C-Store operated by retailers⁽²⁾	314	331		895	925
Less:
Rental income from retailers and other⁽³⁾	(61)	(67)		(183)	(186)
Same Store revenue adjustments⁽⁴⁾⁽⁵⁾ (excluding cigarettes)	(15)	(13)		(43)	(39)
Food and Company C-Store same-store sales (including cigarettes)	320	332	(3.8) %	911	930	(2.2) %
Less:
Same Store revenue adjustments⁽⁴⁾⁽⁵⁾ (cigarettes)	(109)	(118)		(309)	(331)
Food and Company C-Store same-store sales (excluding cigarettes)	211	214	(1.1) %	602	599	0.3 %

⁽¹⁾	Percentages are calculated based on actual amounts and are impacted by rounding.
⁽²⁾	POS values used to calculate Food and Company C-Store SSSG are not a Parkland financial measure and do not form part of Parkland’s consolidated financial statements, as Parkland earns rental income from retailers in the form of a percentage rent on convenience store sales. POS values are calculated based on the information obtained from Parkland’s POS systems at retail sites, including transactional data, such as sales, costs, and volumes, which are subject to internal controls over financial reporting. We also use this data to calculate rental income from retailers in the form of a percentage rent on convenience store sales, which is recorded as revenue in our consolidated financial statements.
⁽³⁾	Includes rental income from retailers in the form of a percentage rent on Food and Company C-Store sales, royalty, and franchisee fees and excludes revenues from automated teller machines, POS system licensing fees, and other.
⁽⁴⁾	This adjustment excludes the effects of acquisitions, opening and closing stores, temporary closures (including closures for On the Run / Marché Express conversions), expansions of stores, renovations of stores, and stores with changes in food service models, to derive a comparable same-store metric.
⁽⁵⁾	Excludes sales from acquisitions completed within the year as these will not impact the metric until after the completion of one year of the acquisitions when the sales or volume generated establishes the baseline for these metrics.

These non-GAAP financial measures and ratios should not be considered in isolation or used in substitute for measures of performance prepared in accordance with IFRS Accounting Standards. Except as otherwise indicated, these non-GAAP financial measures and ratios are calculated and disclosed on a consistent basis from period to period. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for further details regarding Parkland’s non-GAAP financial measures and ratios.

Capital Management Measures

Parkland’s primary capital management measure is the Leverage Ratio, which is used internally by key management personnel to monitor Parkland’s overall financial strength, capital structure flexibility, and ability to service debt and meet current and future commitments. In order to manage its financing requirements, Parkland may adjust capital spending or dividends paid to shareholders or issue new shares or new debt. The Leverage Ratio is calculated as a ratio of Leverage Debt to Leverage EBITDA and does not have any standardized meaning prescribed under IFRS Accounting Standards. It is, therefore, unlikely to be comparable to similar measures presented by other companies. The detailed calculation of the Leverage Ratio is as follows:

($ millions, unless otherwise noted)	September 30, 2025	December 31, 2024
Leverage Debt	4,937	5,268
Leverage EBITDA	1,571	1,481
Leverage Ratio	3.1	3.6

($ millions, unless otherwise noted)	September 30, 2025	December 31, 2024
Long-term debt	6,417	6,641
Less:
Lease obligations	(1,091)	(1,054)
Cash and cash equivalents	(406)	(385)
Non-recourse debt⁽¹⁾	(73)	(30)
Risk management liability (asset)⁽²⁾	(10)	(30)
Add:
Non-recourse cash⁽¹⁾	30	31
Letters of credit and other	70	95
Leverage Debt	4,937	5,268

⁽¹⁾	Represents non-recourse debt and non-recourse cash balance related to project financing.
⁽²⁾	Represents the risk management asset/liability associated with the spot element of the cross-currency swap designated in a cash flow hedge relationship to hedge the variability of principal cash flows of the 2024 Senior Notes resulting from changes in the spot exchange rates.

	Three months ended				Trailing twelve months ended September 30, 2025
($ millions, unless otherwise noted)	December 31, 2024	March 31, 2025	June 30, 2025	September 30, 2025	Trailing twelve months ended September 30, 2025
Adjusted EBITDA	428	375	508	540	1,851
Share incentive compensation	11	8	7	7	33
Reverse: IFRS 16 impact⁽¹⁾	(91)	(93)	(90)	(87)	(361)
	348	290	425	460	1,523
Acquisition pro-forma adjustment⁽²⁾					2
Other adjustments⁽³⁾					46
Leverage EBITDA					1,571

⁽¹⁾	Includes the impact of operating leases prior to the adoption of IFRS 16, previously recognized under operating costs, which aligns with management’s view of the impact of earnings.
⁽²⁾	Includes the impact of pro-forma pre-acquisition EBITDA estimates based on anticipated benefits, costs and synergies from acquisitions.
⁽³⁾	Includes adjustments to normalize Adjusted EBITDA for non-recurring events relating to the unplanned shutdown at the Burnaby Refinery, completion of turnarounds at the Burnaby Refinery and the EBITDA attributable to EV charging operations financed through non-recourse project financing.

	Three months ended				Trailing twelve months ended December 31, 2024
($ millions, unless otherwise noted)	March 31, 2024	June 30, 2024	September 30, 2024	December 31, 2024	Trailing twelve months ended December 31, 2024
Adjusted EBITDA	327	504	431	428	1,690
Share incentive compensation	6	8	6	11	31
Reverse: IFRS 16 impact⁽¹⁾	(83)	(80)	(84)	(91)	(338)
	250	432	353	348	1,383
Acquisition pro-forma adjustment⁽²⁾					11
Other adjustments⁽³⁾					87
Leverage EBITDA					1,481

⁽¹⁾	Includes the impact of operating leases prior to the adoption of IFRS 16, previously recognized under operating costs, which aligns with management’s view of the impact of earnings.
⁽²⁾	Includes the impact of pro-forma pre-acquisition EBITDA estimates based on anticipated benefits, costs and systems from acquisitions.
⁽³⁾	Includes adjustments to normalize Adjusted EBITDA for non-recurring events relating to the unplanned shutdowns at the Burnaby Refinery and the EBITDA attributable to EV charging operations financed through non-recourse project financing.

Measures of Segment Profit (Loss) and Total of Segments Measures

Adjusted earnings (loss) before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) is a measure of segment profit (loss) and its aggregate is a total of segments measure used by the chief operating decision maker to make decisions about resource allocation to the segment and to assess its performance. In accordance with IFRS Accounting Standards, adjustments and eliminations made in preparing an entity’s financial statements and allocations of revenue, expenses, and gains or losses shall be included in determining reported segment profit (loss) only if they are included in the measure of the segment’s profit (loss) that is used by the chief operating decision maker. As such, Parkland’s Adjusted EBITDA is unlikely to be comparable to measures of segment profit (loss) presented by other issuers, who may calculate these measures differently. Parkland views Adjusted EBITDA as the key measure for the underlying core operating performance of business segment activities at an operational level. Adjusted EBITDA is used by management to set targets for Parkland (including annual guidance and variable compensation targets) and is used to determine Parkland’s ability to service debt, finance capital expenditures and provide for dividend payments to shareholders. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for the detailed definition and composition of Adjusted EBITDA. Refer to the table below for the reconciliation of Adjusted EBITDA to net earnings (loss), which is the most directly comparable financial measure, for the three and nine months ended September 30, 2025 and September 30, 2024.

	Three months ended September 30,		Nine months ended September 30,
($ millions)	2025	2024	2025	2024
Adjusted EBITDA⁽¹⁾	540	431	1,423	1,262
Less/(add):
Acquisition, integration and other costs	22	61	97	137
Depreciation and amortization	213	207	635	615
Finance costs	91	96	283	286
(Gain) loss on foreign exchange – unrealized	7	1	(2)	8
(Gain) loss on risk management and other – unrealized⁽⁴⁾	(3)	(48)	(51)	11
Costs related to the Sunoco Transaction	38	—	84	—
Other (gains) and losses⁽²⁾	(4)	(1)	(93)	8
Other adjusting items⁽³⁾⁽⁴⁾	8	7	19	33
Income tax expense (recovery)	39	17	86	8
Net earnings (loss)	129	91	365	156

⁽¹⁾	Total of segments measure. See Section 15 of the Q3 MD&A.
⁽²⁾	Other (gains) and losses for the three months ended September 30, 2025, include: (i) $3 million gain (2024 – $24 million loss) in others; (ii) $3 million (2024 – $3 million) in other income; (iii) $1 million non-cash valuation loss (2024 – $5 million loss) due to the change in estimates of environmental provisions; (iv) $1 million loss (2024 – $2 million gain) on disposal of assets; and (v) nil non-cash valuation (2024 – $25 million gain) due to change in fair value of redemption options. Other (gains) and losses for the nine months ended September 30, 2025, include: (i) $76 million non-cash valuation gain (2024 – $1 million gain) due to change in fair value of redemption options; (ii) $10 million (2024 – $8 million) in other income; (iii) $3 million gain (2024 -$33 million loss) in others; (iv) $3 million non-cash valuation gain (2024 – $11 million gain) due to the change in estimates of environmental provisions; and (v) $1 million gain (2024 – $5 million gain) on disposal of assets.
⁽³⁾	Other adjusting items for the three months ended September 30, 2025, include: (i) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $8 million (2024 – $4 million); (ii) other income of $3 million (2024 – $3 million); and (iii) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $3 million gain (2024 – nil). Other adjusting items for the nine months ended September 30, 2025, include: (i) the share of depreciation, income taxes and other adjustments for investments in joint ventures and associates of $21 million (2024 – $11 million); (ii) other income of $6 million (2024 – $8 million); (iii) realized gains and losses on risk management and other assets and liabilities related to underlying physical sales activity in another period of $4 million gain (2024 – $12 million loss); (iv) adjustment to foreign exchange gains and losses related to cash pooling arrangements of $4 million gain (2024 – $4 million loss); and (v) realized risk management gains related to interest rate swaps, as these gains do not relate to commodity sale and purchase transactions, of nil (2024 -$2 million gain).
⁽⁴⁾	For comparative purposes, certain amounts were reclassified between realized and unrealized gain/(loss) on risk management for the nine months ended September 30, 2024, with no changes to Net earnings (loss).

Supplementary Financial Measures

Parkland uses a number of supplementary financial measures, including TTM Cash generated from (used in) operating activities, TTM Cash generated from (used in) operating activities per share, liquidity available and Adjusted EBITDA Guidance and Capital Expenditure Guidance, to evaluate the success of our strategic objectives. These measures may not be comparable to similar measures presented by other issuers, as other issuers may calculate these measures differently. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for further details regarding supplementary financial measures used by Parkland, including the composition of such measures.

Non-Financial Measures

Parkland uses a number of non-financial measures, including Company SSVG, composite utilization and total recordable injury frequency rate, to measure the success of our strategic objectives and to set variable compensation targets for employees, where applicable. These non-financial measures are not accounting measures, do not have comparable IFRS Accounting Standards measures, and may not be comparable to similar measures presented by other issuers, as other issuers may calculate these metrics differently. See Section 15 of the Q3 2025 MD&A, which is incorporated by reference into this news release, for further details on the non-financial measures used by Parkland.

SOURCE Parkland Corporation

The Next Adventure Begins: 2026 RAV4 Arrives this Winter

October 27, 2025

All-New 6th Generation RAV4 Available in Three Different Designs Across Seven Grades
Choice of Hybrid or Plug-in Hybrid with Available Front- or Electronic On-Demand All-Wheel Drive
Debut of 6th Generation PHEV Powertrain with a 23% Increase in Manufacturer Estimated All-Electric Driving Range Rating of up to 52 Miles
PHEV Output Boosts to 324 Net Combined System Horsepower while Gaining Fuel Economy for up to a Manufacturer Estimated 41 MPG Combined Rating
RAV4 Hybrid Models Move to 5th Generation Toyota Hybrid System and Improve Fuel Economy with up to a Manufacturer Estimated 44 MPG Combined Rating (FWD Model)
Hybrid Models also Add Power with 236 Net Combined System Horsepower on AWD Models and 226 Horsepower on FWD Models – an 11% Increase Over the Prior Gas FWD Model
First-Ever RAV4 GR SPORT, Developed in Partnership with Toyota’s GAZOO Racing Company, Whose Mission is Making Ever-Better Motorsport Bred Vehicles
RAV4 GR SPORT has GR-tuned Suspension and Steering, Functional Aerodynamics, Standard PHEV Powertrain with AWD, Sport Seating, and More
RAV4 Woodland Grade is Available in HEV or PHEV with Standard AWD, All-Terrain Tires, Split Hammerhead Grille, Tow Hitch Receiver, Woodland Branded All-Weather Floor and Cargo Mats, and More
New Technology Includes All New Digital Gauge Cluster, Toyota Safety Sense 4.0 and the Latest Generation of Toyota Audio Multimedia
Manufacturer Suggested Retail Price starting in the low $30,000’s (Hybrid FWD)

PLANO, Texas, Oct. 22, 2025 /PRNewswire-HISPANIC PR WIRE/ — For nearly 30 years, the Toyota RAV4 has led the way for the small SUV segment. Today, it is the best-selling small SUV in America, and since its arrival in the U.S. in 1996, over 6.4 million RAV4 models have made their way on to the road. Now, the next generation is set to bring an all-new adventure, with new interior and exterior styling, the latest Toyota Hybrid and Plug-in Hybrid powertrains, technology updates, and improvements to comfort and handling.

The Next Adventure Begins: 2026 RAV4 Arrives this Winter

The 2026 RAV4 will come in three distinct exterior styles that include core, rugged, and sport designs. The core design includes LE, XLE Premium, and Limited grades. The rugged design comes on the Woodland grade. The SE, XSE and first-ever GR SPORT model make up the sport grades. The chassis has also been modified, with added frame rigidity and new suspension components for a smooth, easy-to-handle RAV4.

Over the years, the popularity of RAV4’s electrified Hybrid and PHEV models has continued to grow, representing over half of RAV4 sales in 2024. For the 2026 model year, Toyota will move to a 100% electrified lineup, with a choice of RAV4 Hybrid or Plug-in Hybrid models. Both powertrains offer a combination of efficient, fun, and capable driving. Hybrid models will be available in a choice of Front- or Electronic On-Demand All-Wheel Drive (FWD or AWD), depending on grade. PHEV models will have AWD standard.

Hybrid AWD models have a 236 net combined system horsepower (hp), up from 219 on the prior generation; and FWD models have a 226 net combined system hp, a jump of 23 hp over the outgoing gas FWD model. Fuel economy climbs as well, with up to a 44 MPG manufacturer combined rating (FWD). Engine torque is 163 lb.-ft. for either FWD and AWD drivetrain; electric motor torque (MG2) is 153 lb.-ft.

For Plug-in Hybrid models, a blend of powerful all-electric driving or efficient hybrid operation makes for a winning combination. Toyota’s 6th generation Plug-in Hybrid powertrain sees a 23% increase in manufacturer estimated all-electric driving range, with up to 52 miles. The system also increases output, with a 324 net combined system hp (a 22-hp increase) while also gaining MPG, earning up to a manufacturer estimated 41 MPG combined rating (a +3 MPG increase for the SE, XSE PHEV grades).

RAV4 will also be the first Toyota model to have a new version of the Toyota Audio Multimedia system. Developed with customer feedback by Toyota’s U.S.-based Connected Technology team, the new system boasts a faster, more responsive voice assistant; a new customizable home menu; and Toyota’s first application of onboard 5G connectivity.

Every RAV4 model will also have the latest Toyota Safety Sense (TSS 4.0) system standard, which updates its detection capabilities for systems like Pre-Collision Detection and Lane Tracing Assist. RAV4 also launches the new Arene Software Developed Vehicle platform, an all-new software development kit created by Woven by Toyota, that serves as the foundation for RAV4’s safety features and the new multimedia system.

The 2026 RAV4 Hybrid models are expected to start arriving at U.S. Toyota dealerships in December of this year. The starting Manufacturer’s Suggested Retail Price (MSRP) will be in the low $30,000’s (Hybrid FWD model). Full pricing will be available at a later date. The 2026 RAV4 PHEV models are expected to start arriving at U.S. Toyota dealerships in the spring of 2026.

RAV4 Refined

When RAV4 was first launched in the U.S. for the 1996 model year, it was a sign of what was to come for the SUV segment. Built on a unibody platform that was shared with the Corolla sedan, it tapped into a unique need for many drivers and offered easy handling with functional utility. Since then, the RAV4 has evolved through five generations and changed to fit life’s adventures for customers around the world.

The 2026 RAV4’s new exterior design highlights RAV4’s SUV proportions, with large tires, an elevated ride height, and upright rear cargo area. The Toyota hammerhead front-end, contoured hood, and angular fenders create a strong stance and modern look for the RAV4.

From the side, RAV4’s flat roof line and chiseled door panels visually ascend to a stout rear. Stylish new LED signature taillights give the functional rear hatch a tech-forward feel, while also adding a sense of width when viewed from the rear. Additional details like front and rear spoilers, different trim colors, and wheel treatments individualize RAV4’s style across the grades.

On the inside, a new center stack groups various functions together—such as the touchscreen display, drive mode selection, and storage—for a smartly organized space, while the center console combines the shifter, cup holder with a removable divider, and reversible arm rest/storage bin with a two-way closure. On select grades, the cockpit adds Toyota’s new shift-by-wire system, with a minimalist toggle switch that has intuitive operation and brings a futuristic feel to the new RAV4.

An all-new 12.3-inch digital gauge cluster is standard, providing the driver with customizable settings and integrated multimedia information. The layout is presented on a bright LCD screen with clear contrast and the flexibility for the user to tailor displayed information to their preference. The screen has a light-absorbing matte finish, intended to minimize glare in direct sunlight. This new gauge cluster also has a modern, free-floating design that’s easily viewed through the steering wheel. A head up display is also available on the hybrid Limited and PHEV XSE grades.

Seating across the grades is designed to complement the RAV4’s three different looks with a range of colors, materials, and accents, creating a balance of style and comfort across the lineup. Functionality is also built in, with a newly designed rear seatback that can be folded flat to maximize cargo space and a redesigned available hands-free power liftgate with expanded detection area to help ease access.

Exterior color options also bring standout style. Across the RAV4 lineup, there will be 10 available colors, with four that are new to RAV4. The Woodland grade will have an all-new, grade exclusive Urban Rock exterior paint color available, while Meteor Shower, Everest, and Storm Cloud colors also join the RAV4 color palette. Favorites like Ice Cap, Wind Chill Pearl, Midnight Black Metallic, Ruby Flare Pearl, and Blueprint will continue for the new generation. Available two-tone paint options are also carried forward, like the new combination of Meteor Shower with Black roof on the XSE or GR SPORT’s exclusive pairing of Supersonic Red with a Black roof.

Built to Drive

The 2026 RAV4 models will be built on the Toyota Next Generation Architecture-K (TNGA-K) unibody platform. Hybrid Electric Vehicle (HEV) models will be assembled at Toyota Motor Manufacturing facilities in Lexington, Kentucky and Ontario (Woodstock & Cambridge), Canada; and Plug-in Hybrid models will be assembled in Japan.

The unibody of the sixth generation RAV4 benefits from more rigid front and rear suspension mounting points, as well as reinforcements to the connection points for the front cowl and A-pillar. There are also changes to the shape of the A-pillar door seal, and the sideview mirrors, to help reduce wind noise that can penetrate the cabin. High-damping adhesive was also added to the front and rear footwells, the underfloor, and rear wheelhouse to help further quiet the cabin. Reinforcements were also added to the D-pillar and rear wheelhouse connection points. Overall, the RAV4’s unibody changes are designed to minimize body flex while also reducing noise and vibration.

The suspension is also re-tuned. The front and rear coil springs were redesigned to reduce friction and help enhance ride comfort, and new shock absorbers with increased friction and lateral force sensitivity are equipped, helps give it a flat, comfortable ride across a wide range of speeds. A new lower suspension arm bushing is intended to reduce vibration and noise in the vehicle. The front stabilizer placement was also optimized to help provide a connected steering feel. The 2026 RAV4 also adds an active front aerodynamic spat that unfolds when the vehicle is at higher speeds and retracts when the vehicle is being driven at low speeds or on rough roads. Ground clearance varies across the lineup, with 8.1-inches of clearance on LE, XLE Premium, SE, and XSE models; 8.5-inches of clearance on the Woodland grade, and 7.5-inches of clearance on the GR SPORT.

The 2026 RAV4 also has a new Electronically Controlled Brake System, which is a first for Toyota. This system has a new master cylinder configuration with on-demand pressurization that is intended to give it optimal brake feeling and response. There is also a new Vehicle Braking Posture Control (VBPC) system that uses braking inputs at select wheels that aim to slow the rate of body roll when turning into a corner. The new RAV4 also has a new Cooperative Steering Driving Force Control (CSDFC) system, which actively synchronizes pitch and roll behavior when cornering to help enhance turn-in response.

Adventurous Hybrid

The 2026 RAV4 Hybrid updates to Toyota’s 5^th generation hybrid powertrain, with a 2.5L inline-four-cylinder engine (model A25A-FXS) that works with two motor-generators (MG1 and MG2) through a planetary-type continuously variable transmission to power the front wheels. The engine, working in concert with the primary electric motor (MG2), assures responsive performance, while exemplary energy efficiency is achieved by using both electric motors (MG1 and MG2) to charge the lithium-ion traction battery.

RAV4 Hybrid AWD equipped models have a dedicated rear electric motor (MGR) to power the Electronic On-Demand AWD system. It has 226 net combined hp on FWD models and 236 net combined hp on AWD models; Rear electric motor torque (MGR) is 89 lb.-ft. The manufacturer estimated city/highway/combined fuel economy ratings are: 48/42/44 (FWD), 46/40/44 (LE AWD), 45/39/42 (XLE Premium AWD), 41/36/39 MPG (Woodland HEV) and 44/39/42 (SE, XSE, Limited AWD).

RAV4’s fuel efficiency also benefits from the Electronically Controlled Brake (ECB) system, which coordinates operation between the regenerative braking force of the electric motors and the hydraulic braking system force to provide optimal stopping power. This extremely efficient cooperative control helps to maximize fuel economy by proactively using the electric motors to recover as much electrical energy as possible from the regenerative braking system.

An active hydraulic booster on the conventional (non-regenerative) braking system improves pedal feel and feedback for the driver. Brake Hold is also standard, and when engaged it is a convenient technology that reduces driver’s effort while waiting at a traffic light or while driving in heavy traffic. When the driver presses the accelerator, the Brake Hold releases instantly.

Every RAV4 has selectable drive modes, including:

NORMAL: Factory default. All systems are tuned for balanced, everyday driving.
ECO: Helps lower fuel consumption during trips that involve frequent acceleration and braking.
SPORT: Throttle and steering are more responsive, and transmission shifts at higher RPM.
CUSTOM: Adjusts vehicle systems to driver’s preferred settings.

RAV4 Hybrid also has an EV mode, which allows the vehicle to be operated as a pure electric vehicle for short distances at low speed, depending upon certain conditions, such as battery charge level. For example, this mode is useful for operating the vehicle in parking lots or indoor parking garages, for example.

Power to the Plug-in

Toyota’s sixth-generation plug-in hybrid system makes its debut on the 2026 RAV4. Four grades are available for model year 2026, including the SE, XSE, Woodland, and GR SPORT models. The PHEV system is mated to a 2.5-L, 4-cylinder engine with two electric motors (MG1 and MG2), a dedicated rear electric motor (MGR), and a high-capacity traction battery.

The system is also designed to help maximize performance. It delivers an impressive 324 net combined horsepower and 172 lb.-ft. of torque (gas engine only). The electric drive motor (MG2) has 203 hp and 201 lb.-ft. of torque; the rear electric drive motor (MGR) has 91 lb.-ft. of torque. Toyota has adopted silicon carbide semiconductors in the front axle to achieve miniaturization and high efficiency. To learn more about Toyota’s latest Plug-in Hybrid system, check out this video.

The system features a new configuration that is designed to help maximize fuel efficiency and electric driving range. It has a manufacturer estimated city/highway/combined fuel economy rating of 44/38/41 MPG on the SE and XSE grades; 42/35/38 MPG on the Woodland model, and 41/34/37 MPG for the GR SPORT. It also increases its all-electric driving range to a manufacturer 52-mile range rating on the SE and XSE grades. The Woodland PHEV model has a manufacturer estimated 49-mile all-electric driving range rating and the GR SPORT PHEV model has a 48-mile all-electric driving range rating.

The RAV4 Plug-in Hybrid XSE and Woodland grades will have an 11-kW onboard AC charger with a CCS1 charging port, with DC fast-charging capability, allowing charging from 10% to 80% in approximately 30 minutes** under ideal conditions. The SE and GR SPORT Plug-in Hybrid models will have a 7-kW onboard charger and are equipped with a J1772 charging port for Level One and Level Two charging, with Level Two charging times of 10% to 80% of around 4 hours**. All models will come with a dual voltage charging cable, capable of 120v or 240v home charging.

**Charging time provided is an estimate only and can vary depending on weather conditions and other factors. Use for comparison purposes only. Actual range will vary significantly depending on charging and driving conditions, including outside temperature, speed, accessory use, how/where you drive, battery condition and other factors. See www.fueleconomy.gov and Owner’s Manual for details.

Dynamic RAV4 GR SPORT

For drivers looking for intuitive handling and passionate design, there is the first-ever GR SPORT grade. Developed in partnership with the TOYOTA GAZOO Racing (GR) Company, the model is exclusively available with a PHEV powertrain and carries forward Toyota’s vision of making ever-better vehicles through the rigors of motorsport.

The GR brand launched in U.S. in 2019 with the GR Supra, but its story started long ago with Toyota Motor Corporation founder Kiichiro Toyoda. His view was that racing was essential for product development. “Automakers use racing as an opportunity to push a vehicle’s performance to the limit and to compete for supremacy, enabling them to discover new ways of advancing automotive technology,” said Toyoda.

Flash forward to 2007 and this concept kicked into high gear with Akio Toyoda, Kiichiro’s grandson and current Chairman of the Board at Toyota Motor Corporation. At that time, Toyoda was actively developing skills as a racecar driver and wanted to expand the company’s use of racing in its car development activities.

After years of training, he chose to compete in the 24 Hours of Nürburgring, a grueling endurance race on the 12.9-mile racetrack that winds through the German forest. It was an unofficial Toyota activity at the time, so the team was called GAZOO Racing and consisted of employees, including Akio Toyoda driving under the alias of MORIZO. With a limited budget, the team entered the race with two second-hand Altezzas. Despite adversity, both cars finished, and the next era of Toyota motorsports and product development began, one based on a spirit of challenge and instigating change that called back to Toyota’s roots in motorsports.

The RAV4 GR SPORT carries this spirit forward by taking the high output 324 horsepower PHEV system and working with the TOYOTA GAZOO Racing company to tweak its dynamic drive to a new level. It is equipped with functional components like a front lip and rear wing spoiler for balanced downforce; air ducts in the front grille and bumper to help channel air and reduce drag; offset wheels with performance tires for maximum grip; and drive battery placement that lowers its center of gravity and stabilizes the chassis. It also has one additional inch of overall width due to wider fender flares. The following components are unique to the RAV4 GR SPORT:

GR Functional MATRIX Grille With Upper and Lower Bumper Active Cooling Ducts.
Exclusive Power Steering Mapping for Sport Mode
20-inch Wheels Equipped with Dunlop Sportmaxx® Summer Performance Tires (2.2kg Less Weight Than The RAV4 XSE Model); Additional 20mm Offset and 15-mm Lower Ride Height (7.5-inch Ground Clearance).
Dedicated Damper Tuning and Coil Springs
Rear Suspension Cross Member Reinforcement and Lower Arm Cover
Front performance damper
Front Lip and Rear Wing Spoiler
Static Elimination Material on Front Driver’s Seat Aluminum Tape in Headliner
Rear Diffuser

The RAV4 GR SPORT also has unique interior and exterior features that give it standout style, select standard features include:

Performance/Capability

Plug-in Hybrid with AWD
- 6th Gen Toyota PHEV System
- 324 Net Combined HP
- 37 MPG Combined Manufacturer Estimated Rating
- 48-mile Manufacturer Estimated All Electric Driving Range Rating
- 7-kW Onboard AC Charger

Exterior

20-in. Black Alloy Wheels with Black Pearl Machined Finish and Increased Offset with Black Lug Nuts
GR Functional MATRIX Grille with Aggressive Design and Active Sport Ducts for Aerodynamics & Cooling
Front Lip and Rear Wing Spoiler
Wide Piano Black Overfenders
GR Badging on Front Grille
GR SPORT Badging on Rear Hatch
LED Headlamps with LED DRL with Integrated Turn Signal and LED Clearance Lights
Unique Vertical LED Front Bumper Accent Lights
Piano Black Power & Heated Rearview Mirrors with Puddle Lamp, Camera, Turn Signal and BSM Indicators
Red-Painted Brake Calipers with GR Logo
Rear Diffuser with Lower Rear Bumper Valance
Optional 2-Tone Exterior with Black Roof
Power Liftgate

Interior

Brin Naub® Synthetic Suede & SofTex Sport Seats with Wide Bolsters
Front Seats Feature Black/Red Duo Tone Perforation with GR Logo on Headrests
Heated Front Seats with Power 8-Way Driver & Manual 6-Way Passenger Adjustments
12.9-in. Toyota Audio Multimedia with 6 Speakers
12.3-in. Digital Gauge Cluster Feat. Exclusive GR Start-Up Screen
Leather Wrapped Heated Steering Wheel with Sport Paddle Shifters and GR Logo
Red Stitching Accents Throughout Interior
Exclusive Leather Trimmed Shift Boot with Red Stitching
Aluminum Sport Pedals
GR-Branded Front Door Scuff Plates
5 – USB-C Ports: 2 Front USB-C Charging Ports, 1 Center Console Media USB-C Charging Port, & 2 Rear USB-C Charging Ports
1 – Qi-Compatible Wireless Phone Charger
Automatic Rain-sensing Windshield Wipers with Deicer
Auto Dimming Rearview Mirror with HomeLink Garage Opener

Safety/Convenience

Toyota Safety Sense 4.0
3D Panoramic View Monitor

FWD or AWD…You Choose

Drivetrain choice is abundant in the 2026 RAV4. Select hybrid models now have FWD for the first time, with AWD available across a range of models. The following powertrain combinations are available:

2026 RAV4 MODELS: AVAILABLE POWERTRAIN/DRIVETRAIN

Core Design

Rugged Design

Sport Design

• HEV Powertrain

o FWD

o AWD

Woodland

• HEV Powertrain

o AWD

• PHEV Powertrain

o AWD

• HEV Powertrain

o FWD

o AWD

• PHEV Powertrain

o AWD

XLE Premium

• HEV Powertrain

o FWD

o AWD

XSE

• HEV Powertrain

o AWD

• PHEV Powertrain
o AWD

Limited

• HEV Powertrain

o AWD

GR SPORT

• PHEV Powertrain

o AWD

RAV4’s AWD system has the capability to deliver added traction for slippery road conditions. The system employs a high-output IPM (Interior Permanent Magnet) motor that drives the rear wheels. The system works seamlessly and transparently, preemptively distributing driving force to the rear wheels to help suppress front wheel slip during off-the-line starts. It also engages the rear motor in response to slippage at the front wheels and enhances cornering agility by helping to reduce understeer.

The AWD system also performs precise electronic control of the front-rear torque distribution in accordance with the driving conditions to support start-off acceleration, handling, and stability. This motor-driven AWD system is capable of efficiently using battery power for driving the front and rear wheels. Data from the wheel speed sensors and driver input like steering and throttle are processed by the vehicle computer system and sent to the rear motor as electrical signals to control the rear wheel torque. The system provides the optimal front-rear torque distribution based on the vehicle speed and accelerator operation amount and performs control according to the conditions to allow stable driving.

Core Grades – LE, XLE Premium, Limited

Core models include the LE, XLE Premium, and Limited grades, all with a Hybrid electric powertrain standard. Front- or All-Wheel drive are available, depending on grade. The exterior design highlights RAV4’s SUV proportions, with large tires, an elevated ride, color-matched grille, and highly usable rear cargo area. Key features include:

LE Grade:

Performance

Gen 5 Toyota Hybrid System with 2.5L Engine
Available FWD or AWD
- FWD: 226 Net Combined HP
- AWD: 236 Net Combined HP
163 lb.-ft. Torque (Engine only; FWD or AWD)
Up to 44 MPG Combined Manufacturer Estimated Rating
1,750 lb. Towing Capacity (AWD)
8.1-inch Ground Clearance

Exterior

Color-keyed Grille
Satin Black Lower Front Bumper Valance
17-in. Alloy Wheels
Low Profile Roof Rails
Satin Black Lower Door Moulding & Rocker Panel
Color-keyed Rear Spoiler with Satin Sides
Satin Chrome Finished Front and Black Rear Toyota Badging
Chrome Finished Grade and Powertrain Badging
Satin Black Valance in Rear Bumper
Satin Black Power Rearview Mirrors with Blind Spot Monitor (BSM) indicator
LED Projector Headlights with DRL Function

Interior

10.5-in. Toyota Audio Multimedia with 6 Speakers
12.3-in. Digital Gauge Cluster
3 -USB-C Charging Ports: 2 -15w Front & 1 USB-C media port in the center console
Push Button Start
Fabric-Trimmed Seats with Manual 6-Way Driver and 6-Way Passenger Adjustments
Manual Interior Rearview Mirror
Tonneau Cover for Rear Hatch

Safety/Convenience

Toyota Safety Sense 4.0
Blind Spot Monitor with Rear Cross-Traffic Alert
Backup Camera with Dynamic Guidelines

XLE Premium Grade (adds to or replaces LE features with):

Performance/Capability

Hybrid Powertrain Standard
Available FWD or AWD
3,500 lbs. Towing Capacity AWD

Exterior

18-in. Alloy Wheels
Power Liftgate
Piano Black Power & Heated Rearview Mirrors with Turn Signal and BSM Indicators

Interior

SofTex-Trimmed Power 8-Way Driver & Manual 6-Way Passenger Seats
Heated Front Seats
Leather Wrapped Shift Knob
Leather Wrapped Steering Wheel
1 – Qi-Compatible Wireless Phone Charger
5 – USB-C Ports: 2 – Front USB-C Charging Ports, 1 – Center Console Media USB-C Charging Port, & 2 – Rear USB-C Charging Ports

Safety/Convenience

Advanced Driver Assist Systems:
- Front and Rear Parking Assist with Automatic Braking

Limited Grade (adds to or replaces XLE Premium features with):

Performance/Capability

Hybrid Powertrain Standard
AWD Standard
42 MPG Combined Manufacturer Estimated Rating

Exterior

18-in. Alloy Wheels
Color-keyed Grille with Satin Chrome Accents in Openings
Silver-Painted Lower Front Bumper Valance
Piano Black Power & Heated Rearview Mirrors with Puddle Lamp, Camera, Turn Signal and BSM Indicators
Color-keyed Rear Spoiler with Piano Black Sides
Silver-Painted Lower Rear Bumper Valance
Power Tilt/Slide Panoramic Glass Roof
Hands-Free Power Liftgate
LED Headlamps Feat. Distinctive LED DRL with Integrated Turn Signal and LED Clearance Lights
LED Front Fog Lights

Interior

12.9-in. Toyota Audio Multimedia
9-Speaker JBL Premium Audio including Amplifier and Subwoofer
SofTex-Trimmed Seats with Power 8-Way Driver Seat with Memory & Power 8-Way Passenger Adjustments
Heated and Ventilated Front Seats
Heated Rear Outboard Seats
Toggle Switch Shift-By-Wire Shifter
Leather Wrapped Heated Steering Wheel
Digital Rearview Mirror with HomeLink® Garage Door Opener
5 – USB-C Ports: 2 – Front USB-C Charging Ports, 1 – Center Console Media USB-C Charging Port, & 2 – Rear USB-C Charging Ports
2 – Qi-Compatible Wireless Phone Chargers
Windshield Deicer
Automatic Rain-sensing Windshield Wipers

Safety/Convenience

Toyota Safety Sense 4.0
Advanced Driver Assist Systems:
- 3D Panoramic View Monitor
- Advanced Park
- Front Cross-Traffic Alert
- Lane Change Assist
- Traffic Jam Assist (Requires an active Drive Connect trial or subscription, 1-year trial included)

Rugged – Woodland Grade

For a RAV4 that taps into the spirit of the great outdoors, there’s the new Woodland grade. With an appearance that matches RAV4’s capable utility, the all-new Woodland model has standard AWD, all terrain tires, 2-inch tow hitch receiver, and comes in a choice of HEV or PHEV powertrains. Key standard features include:

Performance/Capability

Available Hybrid Powertrain with AWD
- 236 Net Combined HP
- 39 MPG Combined Manufacturer Estimated Rating
Available PHEV with AWD
- 6^th Gen Toyota PHEV System
- 324 Net Combined HP
- 38 MPG Combined Manufacturer Estimated Rating
- 49-mile Manufacturer Estimated All Electric Driving Range Rating
- DC Charging Capability
- 11 kW Onboard Charger
3,500 lbs. Towing Capacity
8.5-in. Ground Clearance

Exterior

Dunlop GrandTrek® All-Terrain Tires
Unique Raised Black Roof Rails with Cross Bars Feat. Woodland Logo
2-in. Rear Tow Hitch Receiver with Wiring Harness
Unique 18-in. Matte Metallic Grey Alloy Wheels with Black Lug Nuts
Available Urban Rock Exterior Color, Exclusive to Woodland Grade
Unique Rugged Satin Black Hammerhead Grille
Integrated Rigid Industries LED Fog Lights
Wide Satin Black Overfenders with Taller Profile
Piano Black Power & Heated Rearview Mirrors with Puddle Lamp, Camera, Turn Signal and BSM Indicators
Satin Black Rear Bumper with Unique Silver Painted Lower Valance with Rugged Design
Black Woodland and Powertrain Badges

Interior

SofTex-Trimmed Seats with Power 8-Way Driver & Manual 6-Way Passenger Adjustments
Red-Orange Interior Accents Include Stitching, Center Console Lid, and Steering Wheel Standard
Woodland-Branded All-Weather Floor Mats and Cargo Mat
Woodland Exclusive Black & Mineral Interior Color Option
Uniquely Patterned Perforated Door and Dash Soft Touch Panels
Exclusive Driver’s Side Instrument Panel Storage
Leather Wrapped Heated Steering Wheel
5 – USB-C Ports: 2- Front USB-C Charging Ports, 1 – Center Console Media USB-C Charging Port, & 2 – Rear USB-C Charging Ports
120V 1500-Watt AC Power Outlet in Rear Cargo Area
Windshield Deicer
Automatic Rain-sensing Windshield Wipers

Safety/Convenience

TSS 4.0
Blind Spot Monitor with Rear Cross-Traffic Alert
Advanced Driver Assist Systems:
- Front and Rear Parking Assist with Automatic Braking
- 3D Panoramic View Monitor with Multi-Terrain Monitor
- Front Cross-Traffic Alert
- Lane Change Assist
- Traffic Jam Assist (Requires an active Drive Connect trial or subscription, 1-year trial included)

Hey Sporty!

The SE and XSE sport grades are both available in Hybrid or Plug-in Hybrid powertrain, with available Front- or All-Wheel Drive, depending on grade. They add unique touches like dark chrome trim on the outside and colorful accents on the inside, adding a sporty flare to RAV4’s SUV proportions. Key features include:

SE Grade:

Performance/Capability

Available Hybrid Powertrain with Available FWD or AWD
- FWD: 226 Net Combined HP
- AWD: 236 Net Combined HP
- 163 lb.-ft. Torque (Engine only; AWD or FWD)
- Up to 44 MPG Combined Manufacturer Estimated Rating
Available PHEV with AWD
- 6th Gen Toyota PHEV System
- 324 Net Combined HP
- 41 MPG Combined Manufacturer Estimated Rating
- 52-mile Manufacturer Estimated All Electric Driving Range Rating
- 7-kW Onboard AC Charger
3,500-lbs. towing capacity (AWD)

Exterior

18-in. Multi-Spoke Black Sport Alloy Wheels with Black Lug Nuts
Color-keyed Grille with Dark Chrome Finished Accents in Openings
Piano Black Painted Overfenders
Piano Black Lower Door Mouldings & Rocker Panel
Piano Black Painted Rear Spoiler with Piano Black Sides
Black Front and Rear Toyota Badging
Black Grade and Powertrain Badging
Piano Black Painted Lower Front Bumper Valance with Sporty Profile
Piano Black Painted Rear Bumper
Silver-Painted Lower Rear Bumper Valance
Piano Black Power & Heated Rearview Mirrors with Turn Signal and BSM Indicators

Interior

Blue Stitching Accents Throughout Interior
Fabric Trimmed Sport Seats with Power 8-Way Driver & Manual 6-Way Passenger Adjustments
Heated Front Seats
Leather Wrapped Shift Knob
Leather Wrapped Steering Wheel
5 – USB-C Ports: 2 – Front USB-C Charging Ports, 1 – Center Console Media USB-C Charging Port, & 2 – Rear USB-C Charging Ports

Safety/Convenience

Toyota Safety Sense 4.0
Blind Spot Monitor with Rear Cross Traffic Alert
Backup Camera with Dynamic Guidelines
Advanced Driver Assist Systems:
- Front and Rear Parking Assist with Automatic Braking

XSE Grade (adds to or replaces SE features with):

Performance/Capability

Available Hybrid Powertrain with standard AWD
- 236 Net Combined HP; 172 lb.-ft. Torque
- 42 MPG Combined Manufacturer Estimated Rating
Available PHEV with standard AWD
- 11-kW Onboard AC Charger
- DC Charging Capability

Exterior

Available 2-Tone Exterior with Black Roof
20-in. Multi-Spoke Black Sport Alloy Wheels with Black Lug Nuts
Power Tilt/Slide Moonroof
Piano Black Power & Heated Rearview Mirrors with Puddle Lamp, Camera, Turn Signal and BSM Indicators
Hands-Free Power Liftgate
LED Headlamps Feat. Distinctive LED DRL with Integrated Turn Signal and LED Clearance Lights

Interior

12.9-in. Toyota Audio Multimedia with 6 Speakers
Ultrasuede & SofTex Sport Trimmed Seats with Power 8-Way Driver with Memory & Power 8-Way Passenger Adjustments
Heated and Ventilated Front Seats
Auto Dimming Rearview Mirror with HomeLink Garage Opener
Available 120V 1500-Watt AC Power Outlet in Rear Cargo Area (PHEV only)
5 – USB-C Ports: 2 – Front USB-C Charging Ports, 1 – Center Console Media USB-C Charging Port, & 2 – Rear USB-C Charging Ports
1 – Qi-Compatible Wireless Phone Charger

Safety/Convenience

Toyota Safety Sense 4.0
Blind Spot Monitor with Rear Cross-Traffic Alert
Trailer-Sway Control
Advanced Driver Assist Systems:
- 3D Panoramic View Monitor
- Lane Change Assist
- Front Cross-Traffic Alert
- Traffic Jam Assist (Requires an active Drive Connect trial or subscription, 1-year trial included)

Next Gen Toyota Audio Multimedia & Connected Technology

The 2026 RAV4 also launches the newest version of the Toyota Audio Multimedia system. Developed in North America in partnership with Toyota Motor North America and Toyota Connected North America, the new system is Toyota’s first integration of AT&T 5G network connectivity. It features an intuitive, smartphone-like design that offers customizable widgets on its new home screen. It also has new embedded Voice Assistant functions that enable faster responses to “Hey Toyota” prompts.

The new system also has enhanced entertainment with the introduction of SiriusXM® with 360L® and newly available integrated streaming with Spotify® (separate subscription required). The native turn-by-turn navigation system is now incorporated and displays full screen on the digital gauge cluster, a first for Toyota Audio Multimedia.

The latest-generation system also includes the launch of a standard built-in Drive Recorder, a feature that when operating, can utilize the vehicle’s exterior cameras to capture 20-second clips of both manual and triggered events.

Paired with the touchscreen display, the Toyota Audio Multimedia system will provide customers with choice thanks to standard wireless Apple CarPlay® and Android Auto™ compatibility, and simultaneous dual Bluetooth® phone connectivity. To read the full news release about the latest Toyota Audio Multimedia. System, click here.

The new RAV4 will be equipped with Arene, an all-new software development kit created by Woven by Toyota. The introduction of Arene is Toyota’s first step toward fully software-defined vehicles. The platform will be the foundation for Toyota’s most advanced safety, security, and connectivity technologies and will create new opportunities to enhance features for customers on a global scale.

The following Connected Services and trials are available on the RAV4:

Drive Connect: 1-year trial included for XSE, Limited, GR SPORT; LE, XLE Premium, SE, Woodland are capable— includes Cloud Navigation with Google Points of Interest (POI) data, Intelligent Assistant with Hey, Toyota, and Destination Assist. Subscription required after trial. 5G network dependent.

Remote Connect: 1-year trial included for all grades. Remotely interact with your vehicle through the Toyota app via your smartwatch. Depending on grade, allows you to lock/unlock doors, start and stop the vehicle, locate your last parked location, check vehicle status and monitor guest drivers. Subscription required after trial. 5G network dependent.

Wi-Fi Connect: 30-day trial subscription with Unlimited Hotspot Data, for all grades. Includes AT&T Wi-Fi hotspot and Integrated Streaming (Spotify® compatibility (separate subscription required). Subscription required after trial. 5G network dependent.

Safety Connect®: 5-year minimum trial subscription for all grades. Includes Emergency Assistance Button, Enhanced Roadside Assistance, Automatic Collision Notification, and Stolen Vehicle Locator. Subscription required. 5G network dependent.

Service Connect: 5-year minimum trial subscription for all grades. Receive personalized maintenance updates and vehicle health reports. Subscription required after trial. 5G network dependent.

Safety & Convenience Features

The Toyota RAV4 comes with the updated Toyota Safety Sense (TSS 4.0) system. The new version of Toyota’s standard active safety suite brings updates to its hardware and detection capabilities and has the following features:

Pre-Collision System with Pedestrian Detection (PCS w/PD) is designed to help detect a vehicle, pedestrian, bicyclist or motorcyclist and provide an audio/visual forward-collision warning under certain circumstances. If you don’t react, the system is designed to provide automatic emergency braking.
Full-Speed Range Dynamic Radar Cruise Control (DRCC) is an adaptive cruise control system that is designed to be set at speeds above 20 mph. DRCC uses vehicle-to-vehicle distance control to help maintain a preset distance from the vehicle ahead of you.
Lane Departure Alert with Steering Assist (LDA w/SA) detects lane markings or the road’s edge at speeds above 30 mph. LDA w/SA is designed to provide an audible/visual warning if an inadvertent lane departure is detected. If no corrective action is taken, Steering Assist is designed to provide gentle corrective steering for lane-keeping assistance.
Automatic High Beams (AHB) are designed to detect headlights of oncoming vehicles and taillights of preceding vehicles. AHB automatically toggles between high and low beams as appropriate.
Lane Tracing Assist (LTA) is designed to help keep the vehicle in the center of a lane. LTA assists the driver with steering control while DRCC is in use.
Road Sign Assist (RSA) uses the forward-facing camera to recognize specific road signs such as speed limits and stop signs. RSA provides road sign information to the driver via the Multi-Information Display.

Proactive Driving Assist (PDA) uses the vehicle’s camera and radar, when system operating conditions are met, to provide gentle braking and/or steering to support driving tasks such as distance control between your vehicle and a preceding vehicle

In addition to TSS 4.0, the RAV4 is equipped with Toyota’s Star Safety System, which includes Enhanced Vehicle Stability Control (VSC), Traction Control (TRAC), Electronic Brake-force Distribution (EBD), Brake Assist (BA), Anti-lock Braking System (ABS) and Smart Stop Technology (SST). Other available convenience technologies include Panoramic View Monitor and Front and Rear Parking Assist with Automatic Braking.

The 2026 RAV4 also has great standard convenience features like a rear seat reminder system, backup camera with dynamic gridlines, smart key with push button start, Blind Spot Monitor with Rear Cross-Traffic Alert, Tire Pressure Monitor System (TPMS) with direct pressure readout and individual tire location alert, and Hill Start Assist Control.

Limited Warranty

Toyota’s 36-month/36,000 mile basic new-vehicle warranty applies to all components other than normal wear and maintenance items. Additional 60-month warranties cover the powertrain for 60,000 miles and against perforation from corrosion for 60 months with no mileage limitation. Hybrid-related components that require repairs needed to correct defects in materials or workmanship are covered for 8 years/100,000 miles, whichever comes first from original date of first use when sold as new. The hybrid battery is covered for 10 years/150,000 miles, whichever comes first, and is transferable across ownership. The 2026 Toyota RAV4 also comes with ToyotaCare, a plan covering normal factory-scheduled maintenance, for two years or 25,000 miles, whichever comes first, and 2 years, unlimited mileage of Roadside Assistance.

About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota directly employs nearly 48,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 35 million cars and trucks at our 11 manufacturing plants. In 2025, Toyota’s plant in North Carolina began to assemble automotive batteries for electrified vehicles.

For more information about Toyota, visit www.ToyotaNewsroom.com.

Media Contact

Paul Hogard
469-292-6791
[email protected]

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SOURCE Toyota Motor North America

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