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Global Partners GLP Commercial — Revenue

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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$1.57B-20.9%
Enterprise value$2.05B-14.6%
P/E10.5×-4.2×
P/S0.1×0.0×

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 us-gaap:Revenues.

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 — revenue?
Global Partners (GLP) reported commercial — revenue of $367.36M in Q1 2026.
How has Global Partners's commercial — revenue changed year-over-year?
Global Partners's commercial — revenue increased by 33.6% year-over-year, from $275.05M to $367.36M.
What is the long-term trend for Global Partners's commercial — revenue?
Over 4 years (2021 to 2025), Global Partners's commercial — revenue has grown at a 10.5% compound annual growth rate (CAGR), from $749.77M to $1.12B.
What does commercial — revenue mean?
This metric measures the total revenue generated from core commercial contracts, excluding any taxes collected from customers that are remitted to government authorities. It reflects the underlying economic value of goods or services delivered to clients. By stripping out tax components, it provides a clearer view of the segment's actual top-line performance and pricing power.