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Financials · GLP

Global Partners LP (GLP) financials

For the twelve months ended Jun 30, 2026, Global Partners LP reported $21.46B of revenue and $195.20M of net income.

Revenue, TTM
$21.46B
Revenue growth, YoY
+20.4%
Net income, TTM
$195.20M
Net income growth, YoY
+71.7%
Net margin
0.9%
Free cash flow, TTM
$199.43M
Cash
$23.91M
P/E
7.84
P/S
0.07
Market cap
$1.53B
Annual revenue$18.56B
FY2016FY2025
Annual net income$97.98M
FY2016FY2025
Annual free cash flow$193.34M
FY2016FY2025

GLP revenue and earnings growth

GLP revenueQ2 2026$6.79B

Quarter YoY
+46.8%
QoQ
+27.6%
FY YoY
+8.1%
5Y CAGR
+17.4%
10Y CAGR
+6.1%

GLP revenue was $6.79B in fiscal Q2 2026 (ended Jun 30, 2026), up 46.8% from a year earlier and up 27.6% from the prior quarter. For the full fiscal 2025 it was $18.56B, up 8.1% from fiscal 2024. Compound annual growth was +17.4% over 5 years and +6.1% over 10 years. It rose in 7 of the last 10 fiscal years.

GLP net incomeQ2 2026$70.98M

Quarter YoY
+181.6%
QoQ
+1.2%
FY YoY
-11.2%
5Y CAGR
-0.8%
10Y CAGR
+8.4%

GLP net income was $70.98M in fiscal Q2 2026 (ended Jun 30, 2026), up 181.6% from a year earlier and up 1.2% from the prior quarter. For the full fiscal 2025 it was $97.98M, down 11.2% from fiscal 2024. Compound annual growth was -0.8% over 5 years and +8.4% over 10 years. It rose in 3 of the last 8 fiscal years.

GLP free cash flowQ2 2026$274.43M

Quarter YoY
+36.4%
5Y CAGR
-3.9%

GLP free cash flow was $274.43M in fiscal Q2 2026 (ended Jun 30, 2026), up 36.4% from a year earlier. For the full fiscal 2025 it was $193.34M, compared with -$71.70M in fiscal 2024. Compound annual growth was -3.9% over 5 years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$18.56B$17.16B$16.49B$18.88B$13.25B$8.32B$13.08B$12.67B$8.92B$8.24B
Cost of revenue$17.50B$16.11B$15.52B$17.78B$12.53B$7.60B$12.42B$12.02B$8.34B$7.69B
Gross profit$1.06B$1.06B$973.64M$1.10B$719.26M$721.14M$662.76M$650.41M$583.05M$546.49M
Selling, general and admin$305.70M$292.07M$273.73M$263.11M$212.88M$192.53M$170.94M$171.00M$155.03M$149.67M
Operating income$234.66M$251.22M$243.77M$460.29M$142.22M$192.27M$139.21M$197.17M$119.78M-$152.25M
Pre-tax income$99.04M$114.94M$160.64M$379.03M$62.13M$101.56M$36.27M$108.03M$33.55M-$238.57M
Income tax$1.06M$4.61M$8.14M$16.82M$1.34M-$119.0K$1.09M$5.62M-$23.56M$53.0K
Net income$97.98M$110.33M$152.51M$362.21M$60.80M$102.21M$35.87M$103.91M$58.75M-$199.41M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$12.24M$8.21M$19.64M$4.04M$10.85M$9.71M$12.04M$8.12M$14.86M$10.03M
Receivables$530.14M$472.59M$551.76M$478.84M$411.19M$227.32M$413.19M$334.78M$417.26M$421.36M
Inventory$549.12M$594.07M$397.31M$566.73M$509.52M$384.43M$450.48M$386.44M$350.74M$521.88M
Current assets$1.23B$1.21B$1.10B$1.17B$1.07B$781.43M$1.00B$874.91M$878.13M$1.08B
Goodwill$421.91M$421.91M$429.21M$427.78M$328.13M$323.56M$324.47M$327.41M$312.40M$294.77M
Total assets$3.85B$3.79B$3.45B$3.16B$2.83B$2.54B$2.81B$2.42B$2.32B$2.56B
Current liabilities$1.08B$1.00B$982.79M$971.48M$839.60M$497.53M$753.89M$582.75M$668.66M$799.23M
Total liabilities$3.18B$3.07B$2.65B$2.37B$2.30B$2.05B$2.35B$1.93B$1.93B$2.17B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$284.80M$31.60M$512.44M$480.00M$50.22M$312.53M$94.40M$168.86M$348.44M-$119.89M
Capital expenditures$91.47M$103.30M$88.85M$106.80M$101.72M$76.33M$82.86M$69.17M$49.87M$71.28M
Free cash flow$193.34M-$71.70M$423.59M$373.20M-$51.50M$236.19M$11.54M$99.68M$298.58M-$191.16M
Investing cash flow-$100.97M-$276.87M-$492.38M-$236.19M-$115.05M-$69.73M-$67.21M-$225.72M-$61.64M$6.45M
Financing cash flow-$179.80M$233.84M-$4.46M-$250.61M$65.97M-$245.13M-$23.27M$50.13M-$281.97M$122.35M
Share repurchases$10.00M$14.17M$3.52M$2.90M$3.77M$291.0K----
Stock-based compensation$13.42M$15.49M$10.61M$2.70M$707.0K$1.08M$1.97M$2.74M$2.75M$4.14M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY8.1%4.1%-12.6%42.5%59.2%-36.4%3.2%42.1%8.3%-20.1%
Net income growth, YoY-11.2%-27.7%-57.9%495.8%-40.5%185.0%-65.5%76.9%--
Gross margin5.7%6.2%5.9%5.8%5.4%8.7%5.1%5.1%6.5%6.6%
Operating margin1.3%1.5%1.5%2.4%1.1%2.3%1.1%1.6%1.3%-1.8%
Net margin0.5%0.6%0.9%1.9%0.5%1.2%0.3%0.8%0.7%-2.4%
Free cash flow margin1.0%-0.4%2.6%2.0%-0.4%2.8%0.1%0.8%3.3%-2.3%
Return on assets2.5%2.9%4.4%11.5%2.1%4.0%1.3%4.3%2.5%-7.8%
Current ratio1.141.211.121.201.271.571.331.501.311.35

Source: XBRL data Global Partners LP files with the SEC, latest filing dated Aug 7, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

GLP peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GLP$21.46B+20.4%$195.20M0.9%$1.53B
WKC$45.58B+21.1%-$166.30M-0.4%$1.83B
GEL$1.87B+17.6%$71.94M3.9%$1.57B
CAPL$4.08B+9.1%$50.43M1.2%$754.7M
MMLP$807.18M+13.2%-$11.15M-1.4%$79.4M
PTLE$71.65M-27.0%-$1.18M-1.6%$57.6M
TMDE$545.04M-20.8%-$18.64M-3.4%$11.2M
UFG$263.89M+70.0%-$1.75M-0.7%$9.9M

GLP FAQ

8 questions
  • What is GLP revenue?
    Global Partners LP (GLP) reported $21.46B of revenue for the twelve months ended Jun 30, 2026. That is up 20.4% from the year before. Revenue for fiscal 2025 was $18.56B.
  • Is GLP profitable?
    Yes. Global Partners LP earned $195.20M in net income for the twelve months ended Jun 30, 2026, a net margin of 0.9%.
  • How much cash and debt does GLP have?
    Global Partners LP reported $23.91M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GLP revenue growing?
    Global Partners LP's revenue changed +8.1% in fiscal 2025, to $18.56B. Its compound annual growth rate was +17.4% over 5 years and +6.1% over 10 years.
  • What is GLP gross margin?
    Global Partners LP's gross profit was $1.20B on $21.46B of revenue for the twelve months ended Jun 30, 2026, a gross margin of 5.6%.
  • What is GLP free cash flow?
    Global Partners LP generated $199.43M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $324.80M less capital expenditures.
  • When did GLP last report financial results?
    The latest statements here come from Global Partners LP's 10-Q filed on Aug 7, 2026, covering the period ended Jun 30, 2026.
  • Where does this GLP financial data come from?
    Quantisnow builds these statements from the structured XBRL data Global Partners LP files with the SEC. It is provided for information only and is not investment advice.