GLOBAL PARTNERS LP (GLP) Form 10-Q — Aug 7, 2026
Global Partners LP delivered a sharply stronger quarter for the period ended June 30, 2026, with net income of $71.0 million versus $25.2 million a year earlier and diluted net income per common unit of $1.86 versus $0.55. Total sales rose about 47% to $6.79 billion from $4.63 billion, and six-month operating cash flow improved to $204.7 million from $164.7 million. Capital returns stepped up as well.
Key figures
- Eps
- $1.87 basic / $1.86 diluted per common unit (Q2 2026) vs $0.55 prior-year quarter
- Revenue
- 6792088000
- Net Income
- 70985000
- Total Debt
- $1.64 billion (senior notes $1,234.2M carrying value; credit agreement borrowings $278.1M; financing obligations $125.8M)
- Revenue Yoy
- +46.8% Q2 YoY; +31.4% six-month YoY (total sales $12.11B vs $9.22B)
- Total Assets
- 4021551000
- Cash Position
- 23913000
- Shares Outstanding
- 33,848,979 common units outstanding at June 30, 2026 (plus 3,000,000 Series B preferred units and 230,303 GP equivalent units)
- Station portfolio
- 1,505 owned/leased/supplied stations including 286 directly operated stores, plus 69 Texas sites via SPR JV
- Q2 2025 net income
- 25210000
- Q2 2026 product margin
- 362211000
- Q2 2026 interest expense
- 33084000
- Q2 2026 operating income
- 107363000
- Six month 2026 net income
- 141121000
- Operating cash flow six months
- 204722000
- Capital expenditures six months
- 66848000
- Quarterly distribution per unit
- 0.78
- Annualized distribution per unit
- 3.12
- Series b preferred units redeemed
- 3000000
- Credit agreement total commitments
- 1800000000
- Series b redemption price per unit
- 25
- Remaining availability june 30 2026
- 1437100000
Price after filing
1 day: +3.1%7 days: +4.5%30 days: +8.3%
Close on the filing date to close N calendar days later (from $48.65). Historical, not a forecast.
AI analysis
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