Global Partners LP income statement
In fiscal 2025, Global Partners LP reported revenue of $18.56bn, up 8.1% on the year before, operating income of $235m (a 1.3% margin) and net income of $98.0m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.8 | 7.8 | 14.8 | 17.6 | 19.6 | 17.3 | 10.3 | 8.2 | 8.9 | 12.7 | 13.1 | 8.3 | 13.2 | 18.9 | 16.5 | 17.2 | 18.6 | 21.5 |
| Cost of revenue | 5.7 | 7.6 | 14.6 | 17.3 | 19.2 | 16.7 | 9.7 | 7.7 | 8.3 | 12.0 | 12.4 | 7.6 | 12.5 | 17.8 | 15.5 | 16.1 | 17.5 | 20.3 |
| Gross profit | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 1.1 | 1.0 | 1.1 | 1.1 | 1.2 |
| Selling, general and administrative | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Operating income | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | −0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.2 | 0.3 | 0.2 | 0.3 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −0.2 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.4 | 0.2 | 0.1 | 0.1 | 0.2 |
| Income tax | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | −0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.1 | 0.0 | −0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.4 | 0.2 | 0.1 | 0.1 | 0.2 |
| EBITDA | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | — | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,422 | 4,186 | 4,592 | 4,627 | 4,694 | 4,648 | 5,322 | 6,792 |
| Cost of revenue | 4,136 | 3,917 | 4,337 | 4,355 | 4,423 | 4,385 | 4,990 | 6,463 |
| Gross profit | 286 | 269 | 255 | 272 | 271 | 263 | 332 | 329 |
| Selling, general and administrative | 70 | 79 | 74 | 75 | 76 | 81 | 99 | 83 |
| Operating income | 83 | 58 | 56 | 60 | 61 | 57 | 106 | 107 |
| Income before tax | 48 | 24 | 20 | 25 | 29 | 25 | 71 | 76 |
| Income tax | 2 | 0 | 1 | −0 | −0 | 0 | 1 | 5 |
| Net income | 46 | 24 | 19 | 25 | 29 | 25 | 70 | 71 |
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