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Global Partners GLP Commercial — Cost Of Products Sold

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Other financials

Income statement

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Revenue$6.8B+46.8%
Gross profit$328.9M+20.8%
Operating income$107.4M+78.7%
Net income$71.0M+182%

Balance sheet

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Cash & equivalents$23.9M+48.6%
Total debt$495.7M+10.5%
Total assets$4.0B+6.3%

Cash flow

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Operating cash flow$309.4M+43.0%
CapEx$35.0M+132%
Free cash flow$274.4M+36.4%

Valuation

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Market cap$1.65B-3.1%
Enterprise value$2.12B-0.6%
P/E8.4×-6.5×
P/S0.1×0.0×

Profitability

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Gross margin5.6%-0.5pp
Operating margin1.5%+0.1pp
Net margin0.9%+0.3pp
FCF margin0.9%

Returns & leverage

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Current ratio1.2×0.0×

Where this comes from

Reported directly by Global Partners in its filing.

Tagged under the XBRL concept glp:CostOfProductsSold.

The source filing: Global Partners’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:13 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092496
Line itemWholesaleGDSOCommercialConsolidated
Sales$4,869,282$1,552,626$370,180$6,792,088
Cost of products4,762,7861,307,393359,6986,429,877
Product margin106,496245,23310,482362,211
Operating expenses allocated to operating segments:
Wages and benefits (1)11,42829,72041,148
Occupancy costs (2)6,03525,20331,238
Transactional operating costs (3)27,53227,532
Maintenance (4)16,93810,49427,432

Item 1. Financial Statements (unaudited)

FAQ

What is Global Partners's commercial — cost of products sold?
Global Partners (GLP) reported commercial — cost of products sold of $359.7M in Q2 2026.
How has Global Partners's commercial — cost of products sold changed year-over-year?
Global Partners's commercial — cost of products sold increased by 33.3% year-over-year, from $269.75M to $359.7M.
What is the long-term trend for Global Partners's commercial — cost of products sold?
Over 3 years (2022 to 2025), Global Partners's commercial — cost of products sold has grown at a -5.0% compound annual growth rate (CAGR), from $1.27B to $1.09B.
What does commercial — cost of products sold mean?
This metric represents the direct costs incurred to acquire, produce, or transport the petroleum and renewable fuel products sold by the commercial segment. It includes expenses such as purchase prices, freight, and logistics costs directly attributable to the products. Monitoring this cost base is essential for analyzing the segment's gross margin performance and supply chain efficiency.

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