Earnings ·
Global Partners LP reports Q3 net income of $52.4M, or $1.26 per diluted unit
GLPGlobal Partners LP
Global Partners LP reported third-quarter 2026 net income of $52.4 million, or $1.26 per diluted common limited partner unit, compared to $29.0 million, or $0.66 per diluted unit, in the same period of 2025. EBITDA rose to $120.8 million from $97.1 million, while distributable cash flow increased to $70.1 million from $53.0 million. Total sales reached $6.7 billion, driven by a $4.7 billion wholesale segment, up from $3.1 billion year-over-year. The company also announced a quarterly cash distribution of $0.7850 per unit and amended its credit agreement to extend maturity to October 2031. Global Partners LP is an integrated owner, supplier, and operator of liquid energy terminals and retail fueling locations.