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Global Partners GLP Commercial — Revenue

Other segment segments

Wholesale
$4.87B+55.4%
Gasoline Distribution And Station Operations
$1.55B+27.4%

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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 us-gaap:Revenues.

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
Revenue from contracts with customers:WholesaleGDSOCommercialTotal
Petroleum and related product sales$1,153,382$1,410,442$244,902$2,808,726
Station operations120,928120,928
Total revenue from contracts with customers1,153,3821,531,370244,9022,929,654
Other sales:
Revenue originating as physical forward sale contracts and exchange agreements3,715,054125,2783,840,332
Revenue from leases84621,25622,102
Total other sales3,715,90021,256125,2783,862,434
Total sales$4,869,282$1,552,626$370,180$6,792,088

Item 1. Financial Statements (unaudited)

FAQ

What is Global Partners's commercial — revenue?
Global Partners (GLP) reported commercial — revenue of $370.18M in Q2 2026.
How has Global Partners's commercial — revenue changed year-over-year?
Global Partners's commercial — revenue increased by 34.2% year-over-year, from $275.85M to $370.18M.
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.

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