GLOBAL PARTNERS LPGLPEarnings & Financial Report
Global Partners LP is an American energy supply company ranked 361 in the 2018 Fortune 500. The company is organized as a master limited partnership, and its operations focus on the importing of petroleum products and marketing them in North America. It wholesales products like crude oil, diesel oil, gasoline, heating oil and kerosene.
GLP Q3 2025 Key Financial Metrics
Revenue
$2.2B
Gross Profit
$271.4M
Operating Profit
$61.4M
Net Profit
$29.0M
Gross Margin
12.1%
Operating Margin
2.7%
Net Margin
1.3%
YoY Growth
5.0%
Financial Flow
GLOBAL PARTNERS LP Q3 2025 Financial Summary
GLOBAL PARTNERS LP reported revenue of $2.2B for Q3 2025, with a net profit of $29.0M (1.3% margin). Cost of goods sold was $2.0B, operating expenses totaled $210.0M.
Key Financial Metrics
| Total Revenue | $2.2B |
|---|---|
| Net Profit | $29.0M |
| Gross Margin | 12.1% |
| Operating Margin | 2.7% |
| Report Period | Q3 2025 |
GLOBAL PARTNERS LP Annual Revenue by Year
GLOBAL PARTNERS LP annual revenue history includes year-by-year totals (for example, 2024 revenue was $8.7B).
| Year | Annual Revenue |
|---|---|
| 2024 | $8.7B |
| 2023 | $9.8B |
| 2022 | $11.1B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.31B | $2.20B | $2.28B | $2.14B | $2.07B | $2.17B | $2.08B | $2.24B |
| YoY Growth | -11.7% | -5.2% | -1.2% | -23.9% | -10.7% | -1.3% | -8.6% | 5.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.45B | $3.47B | $3.83B | $3.67B | $3.79B | $3.82B | $3.78B | $3.70B |
| Liabilities | $2.65B | $2.70B | $3.12B | $2.94B | $3.07B | $3.12B | $3.10B | $3.02B |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $169.4M | $-182.7M | $24.3M | $122.7M | $67.2M | $-51.6M | $216.3M | $19.0M |
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