Quarterly ResultAug 7, 2026, 11:21 AM
Global Partners Q2 Net Income $71.0M; EPS $1.87; Sales $6.79B
AI Summary
Global Partners LP reported strong financial results for the second quarter and first half of 2026, with significant increases across sales, gross profit, and net income compared to the prior year. Net income attributable to common limited partners for Q2 rose to $63.3 million, with basic EPS of $1.87. The company also increased its credit facility to $1.8 billion and redeemed all outstanding Series B Preferred Units in July 2026.
Key Highlights
- Q2 2026 Sales increased to $6.79 billion from $4.63 billion in Q2 2025.
- Q2 2026 Net income attributable to common limited partners was $63.3 million.
- Basic net income per common limited partner unit for Q2 2026 was $1.87.
- H1 2026 Sales increased to $12.11 billion from $9.22 billion in H1 2025.
- H1 2026 Net income attributable to common limited partners was $126.3 million.
- Total assets stood at $4.02 billion as of June 30, 2026.
- Credit Agreement total commitment increased from $1.5 billion to $1.8 billion in March 2026.
- Redeemed all Series B Preferred Units on July 30, 2026, at $25.00 per unit.
Price Impact
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