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Global Partners GLP Commercial — Net Product Margin

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Other financials

Income statement

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Revenue$5.3B+15.9%
Gross profit$332.2M+30.1%
Operating income$105.7M+89.2%
Net income$70.1M+275%

Balance sheet

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Cash & equivalents$18.4M+146%
Total debt$499.9M+14.0%
Total assets$4.3B+12.9%

Cash flow

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Operating cash flow-$104.7M-103%
CapEx$31.9M+78.1%
Free cash flow-$136.6M-96.6%

Valuation

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Market cap$1.5B-20.9%

Profitability

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Gross margin5.9%-0.3pp
Operating margin1.5%-0.1pp
Net margin0.8%0.0pp
FCF margin0.7%

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by Global Partners in its filing.

Tagged under the XBRL concept glp:NetProductMargin.

The official record: Global Partners’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Partners's commercial — net product margin?
Global Partners (GLP) reported commercial — net product margin of $11.69M in Q1 2026.
How has Global Partners's commercial — net product margin changed year-over-year?
Global Partners's commercial — net product margin increased by 63.7% year-over-year, from $7.15M to $11.69M.
What is the long-term trend for Global Partners's commercial — net product margin?
Over 4 years (2021 to 2025), Global Partners's commercial — net product margin has grown at a 13.9% compound annual growth rate (CAGR), from $15.6M to $26.28M.
What does commercial — net product margin mean?
This metric reflects the profitability of the commercial segment after accounting for the direct costs associated with the products sold. It is calculated by subtracting the cost of goods sold from the total revenue generated by the segment. This serves as a primary indicator of the segment's operational efficiency and its ability to manage input price volatility.