What are NGL Energy Partners's profit margins?

Gross margin is 30.9% and operating margin is 12.0%, with a -4.5% net margin.

Where does NGL Energy Partners's income statement data come from?

Every line is extracted from NGL Energy Partners's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

NGL Energy Partners NGL Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25
Total revenue	$3.16B-9.0%	$3.18B-10.2%	$3.25B-13.3%	$3.33B-16.7%	$3.47B-16.5%
Total cost of revenue	$2.18B-13.0%	$2.16B-17.3%	$2.25B-19.9%	$2.35B-22.6%	$2.51B-21.3%
Gross profit	$974M+1.2%	$1.02B+9.8%	$1B+6.3%	$981.52M+1.8%	$962.11M-0.6%
Gross margin	30.9%+3.1pp	32%+5.8pp	30.8%+5.7pp	29.5%+5.3pp	27.7%+4.4pp
General and administrative	$70.11M+26.1%	$57.56M-46.7%	$56.98M-48.6%	$54.37M-53.3%	$55.59M-54.3%
Total costs & expenses	$293.59M-1.4%	$290.57M+0.7%	$294.59M+0.4%	$297.07M+0.9%	$297.69M-0.6%
Operating income	——	$382.47M—	$357.49M—	$344.73M—	$329.36M—
Interest expense	$257.49M-8.1%	$264.19M-13.2%	$263.41M-11.8%	$275.88M-1.5%	$280.08M+3.8%
Other income (expense), net	$526K-87.7%	$1.73M-58.2%	-$1.04M-125%	$583K-77.9%	$4.26M+53.2%
Income before income taxes	-$178.78M-397%	$124.08M+2,448%	$99.47M+272%	$77.38M+174%	$60.1M+138%
Income tax expense	——	-$362K+91.1%	-$517K+85.8%	-$282K+91.9%	-$4.9M-436%
Net income	-$142.3M-461%	$159.11M+175%	$125.44M+170%	$98.61M+164%	$39.37M+127%
Net margin	-4.5%-5.6pp	5%+11.0pp	3.9%+8.6pp	3%+6.8pp	1.1%+4.6pp
EBITDA	$346.79M-41.9%	$652.73M+14.0%	$631.83M+7.1%	$616.91M+3.0%	$596.84M-0.1%
EBITDA margin	11%-6.2pp	20.5%+4.4pp	19.4%+3.7pp	18.5%+3.5pp	17.2%+2.8pp
EBIT	$78.07M-76.3%	$382.47M+26.0%	$357.49M+11.5%	$344.73M+6.0%	$329.36M+4.5%

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Questions, answered.

What are NGL Energy Partners's profit margins?: Gross margin is 30.9% and operating margin is 12.0%, with a -4.5% net margin.
Where does NGL Energy Partners's income statement data come from?: Every line is extracted from NGL Energy Partners's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.