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NGL Energy Partners NGL Crude Oil Logistics — Non-Topic 606 revenues

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Other financials

Income statement

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Revenue$949.5M-2.2%
Gross profit$217.3M-17.0%
Operating income$109.7M+29.5%
Net income-$287.7M-2,196%
EPS (diluted)-$0.54

Balance sheet

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Cash & equivalents$8.5M+50.6%
Total debt$3.4B+8.9%
Total equity$119.5M-26.5%
Total assets$4.2B-9.4%

Cash flow

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Operating cash flow$110.0M-29.0%
CapEx$31.6M-16.4%
Free cash flow$78.4M-33.1%

Valuation

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Market cap$1.96B+155%

Profitability

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Gross margin30.9%+3.1pp
Operating margin12%
Net margin-4.5%-5.6pp
FCF margin4.6%+3.1pp

Returns & leverage

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Return on equity112.8%+89.0pp
Debt / equity25.6×+5.9×
Current ratio-0.3×

Where this comes from

Reported directly by NGL Energy Partners in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The official record: NGL Energy Partners’s 10-K, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NGL Energy Partners's crude oil logistics — non-topic 606 revenues?
NGL Energy Partners (NGL) reported crude oil logistics — non-topic 606 revenues of $1.24M in Q1 2026.
How has NGL Energy Partners's crude oil logistics — non-topic 606 revenues changed year-over-year?
NGL Energy Partners's crude oil logistics — non-topic 606 revenues decreased by 21.3% year-over-year, from $1.58M to $1.24M.
What is the long-term trend for NGL Energy Partners's crude oil logistics — non-topic 606 revenues?
Over 4 years (2022 to 2026), NGL Energy Partners's crude oil logistics — non-topic 606 revenues has grown at a -12.6% compound annual growth rate (CAGR), from $8.69M to $5.06M.
What does crude oil logistics — non-topic 606 revenues mean?
This metric captures revenue streams within the crude oil logistics segment that fall outside the scope of standard revenue recognition accounting rules, such as certain lease or financial instrument-related income. It helps investors isolate core service-based revenue from other contractual or non-standard income sources. Understanding this component is essential for accurately modeling the segment's recurring operational cash flows.