NYSE$GLP

Global Partners LP · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Global Partners reported Q4 2025, net income of $25.1M, diluted EPS of $0.54.

For Q4 2025, Global Partners reported net income of $25.1M, diluted EPS was $0.54. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Net income $25.1M.
  • Diluted EPS $0.54.
  • Global Partners MD&A covers liquidity, credit, and operating priorities.

Headline financials

Total Revenue

$4.65B

Previous: $4.19B+11.0%
EPS (adj)

$0.54

Previous: $0.52+3.8%
EBITDA

$94.1M

No prior period
Adjusted EBITDA

$94.8M

No prior period
Distributable Cash Flow

$38.4M

No prior period
Adjusted DCF

$38.8M

No prior period
Combined Product Margin

$296M

No prior period
Wholesale Product Margin

$58.3M

No prior period
GDSO Product Margin

$231M

No prior period
Commercial Product Margin

$6.04M

No prior period
Total Volume (gallons)

2.1B

No prior period
Wholesale Volume

1.6B

No prior period
GDSO Volume

369.0M

No prior period
Commercial Volume

144.4M

No prior period
Cash Distribution per Unit

$0.76

No prior period
Net Income

$25.1M

Previous: $23.9M+5.0%
Operating Income

$57.3M

Previous: $75.4M-24.0%
Gross Profit

$263M

Previous: $154M+70.9%

Revenue & EPS history

Global Partners · Revenue · Quarterly

$4.65B

Q4 2025+11%vs Q4 2024
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-1.5%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-0.8%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+14.1%

Q3 2014

Best reaction

-26.0%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%+3.7%+4.4%
Q4 2025-2.7%-0.3%-8.3%
Q3 2025-5.3%-6.9%+0.7%
Q2 2025+1.2%-0.6%+2.6%
Q1 2025-3.2%-2.9%+6.9%
Q4 2024+1.5%-3.6%-4.5%
Q3 2024+2.7%+2.0%+17.8%
Q2 2024+1.2%-4.8%+7.0%
Q1 2024-4.5%-14.0%-0.1%
Q4 2023+2.0%+2.5%-2.9%
Q3 2023+3.2%+5.2%+18.1%
Q2 2023-7.6%-8.8%-5.1%
Q1 2023+5.0%+5.0%+4.9%
Q4 2022+1.3%+1.1%-9.3%
Q3 2022-10.6%-12.3%-6.1%
Q2 2022-2.0%-4.2%+3.2%
Q1 2022-8.3%-7.6%+7.5%
Q4 2021+0.7%-0.1%+6.1%
Q3 2021-4.5%-4.5%-3.8%
Q2 2021-14.5%-18.3%-19.3%
Q1 2021-12.9%-13.1%-1.7%
Q4 2020+2.7%+5.7%+6.8%
Q3 2020-3.1%-2.9%+8.4%
Q2 2020+0.5%+1.8%-3.6%
Q1 2020-11.1%-15.8%-0.7%
Q4 2019-26.0%-21.8%-50.3%
Q3 2019-2.3%-1.5%-3.3%
Q2 2019-2.4%-1.7%-5.5%
Q1 2019-1.1%-0.2%+7.8%
Q4 2018+0.8%-1.5%+2.7%
Q3 2018-5.0%-2.1%-16.1%
Q2 2018+2.1%+4.6%-6.4%
Q1 2018+2.1%+5.0%+1.5%
Q4 2017+1.5%+7.1%-4.3%
Q3 2017+1.1%-1.4%-4.2%
Q2 2017-0.9%-2.6%-3.7%
Q1 2017+1.6%+7.5%+0.3%
Q4 2016+7.2%+4.1%+9.4%
Q3 2016-3.5%+6.1%+1.9%
Q2 2016+9.5%+12.1%+9.7%
Q1 2016-8.0%
Q4 2015-2.9%
Q3 2015-6.7%
Q2 2015-2.7%
Q1 2015-1.9%
Q4 2014-3.1%
Q3 2014+14.1%
Q2 2014+1.8%
Q1 2014+1.9%
Q4 2013+1.5%
Q3 2013-4.1%
Q2 2013-13.5%
Q1 2013+3.9%
Q4 2012+1.3%
Q3 2012-1.3%
Q2 2012+0.5%
Q1 2012-1.3%
Q4 2011-1.4%
Q3 2011-3.0%
Q2 2011-10.3%
Q1 2011+0.6%
Q4 2010+2.3%
Q3 2010+0.7%
Q2 2010+1.1%
Q1 2010+13.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro