When did NGL Energy Partners report Q1 2026 earnings?

NGL Energy Partners (NGL) reported Q1 2026 earnings on August 7, 2025 after market close.

What were NGL Energy Partners's Q1 2026 revenue and EPS?

NGL Energy Partners reported revenue of $622.2M and diluted EPS of $-0.27 for Q1 2026.

Did NGL Energy Partners beat estimates in Q1 2026?

Revenue beat the consensus estimate of $512.4M by $109.8M. EPS missed the consensus estimate of $-0.11 by $0.16.

How did NGL Energy Partners's Q1 2026 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 18.1% from $759.2M a year earlier and diluted EPS declined 92.9% from $-0.14.

Where can I find NGL Energy Partners's Q1 2026 SEC filings?

You can read the 10-Q periodic report (0001504461-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.

NGL Energy Partners NGL Q1 2026 earnings

Reported August 7, 2025 · After market close

Revenue$622.2MBeat by $109.8M Diluted EPS-$0.27Miss by $0.16

Revenue estimate$512.4M

EPS estimate-$0.11

Next report

Aug 6, 2026 (in a month)

Revenue estimate$346.1M

EPS estimate$0.11

Financials

Q1 2026

Income statement

See full

Revenue$622.2M-18.1%

Gross profit$239.3M+8.8%

Operating income$97.5M+18.7%

Net income$68.9M+612%

Balance sheet

See full

Cash & equivalents$5.4M+3.3%

Total debt$3.0B-3.8%

Total equity$142.5M-33.4%

Total assets$4.2B-13.5%

Cash flow

See full

Operating cash flow$33.2M+284%

CapEx$22.1M+1,202%

Free cash flow$11.1M+156%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$586.14M-12.6%

Enterprise value$3.58B-5.4%

P/E5.9×—

P/S0.2×0.0×

Profitability

See full

Gross margin29.5%+5.3pp

Operating margin10.3%—

Net margin3%+1.9pp

FCF margin2.5%-2.1pp

Returns & leverage

See full

Return on equity55.3%+40.8pp

Debt / equity21.1×+6.5×

Current ratio1.2×+0.1×

Segments

By product

See full

Crude oil sales$183.3M-37.5%

Disposal service fees$174.6M+18.0%

Butane sales$99.6M+1.6%

Propane$61.5M-36.9%

Crude oil transportation and other$7.7M-51.1%

By segment

See full

Liquids Logistics$253.1M-15.0%

Water Solutions$201.3M+11.0%

Crude Oil Logistics$167.6M-40.2%

By geography

See full

Non-US$15.0M-37.8%

Versus estimates

Revenue

Q4 2026$949.5MBeat by $8.0M Q3 2026$909.8MBeat by $105.4M Q2 2026$674.7MMiss by $26.1M

Q1 2026$622.2MBeat by $109.8M

Q4 2025-$819.8MMiss by $1.9B Q3 2025$1.5BBeat by $481.6M

Diluted EPS

Q4 2026-$0.71Miss by $0.89 Q3 2026$0.10Miss by $0.06 Q2 2026$0.02

Q1 2026-$0.27Miss by $0.16

Q4 2025$0.07Beat by $0.06 Q3 2025-$0.12Miss by $0.25

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Questions, answered.

When did NGL Energy Partners report Q1 2026 earnings?: NGL Energy Partners (NGL) reported Q1 2026 earnings on August 7, 2025 after market close.
What were NGL Energy Partners's Q1 2026 revenue and EPS?: NGL Energy Partners reported revenue of $622.2M and diluted EPS of $-0.27 for Q1 2026.
Did NGL Energy Partners beat estimates in Q1 2026?: Revenue beat the consensus estimate of $512.4M by $109.8M. EPS missed the consensus estimate of $-0.11 by $0.16.
How did NGL Energy Partners's Q1 2026 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 18.1% from $759.2M a year earlier and diluted EPS declined 92.9% from $-0.14.
Where can I find NGL Energy Partners's Q1 2026 SEC filings?: You can read the 10-Q periodic report (0001504461-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.