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NGL Energy Partners NGL Product — Total revenues

Other product segments

Crude oil sales
$375.97M+119%
Other product sales
$360.21M-12.5%
Disposal service fees
$177.44M+3.2%
Propane
$148.98M-57.2%
Butane sales
$147.5M-8.4%
Crude oil transportation and other
$8.13M-49.9%
Sale of water
$2.65M-16.5%
Other revenues
$2.17M+83.3%

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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$2.17B+305%
Enterprise value$5.51B+56.1%
P/S0.7×+0.5×

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:Revenues.

The source filing: NGL Energy Partners’s 10-K, filed May 28, 2026.

Filed
May 28, 2026, 4:25 PM EDT
Fiscal year
FY2026
Accession
0001504461-26-000012
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
REVENUES:
Product$2,396,188$2,742,953$3,467,925
Service and other759,971726,233685,382
Total Revenues3,156,1593,469,1864,153,307
COST OF SALES:
Product2,160,3532,437,3313,103,710
Service and other21,81069,74681,724
Total Cost of Sales2,182,1632,507,0773,185,434

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's product — total revenues?
NGL Energy Partners (NGL) reported product — total revenues of $759.04M in Q1 2026.
How has NGL Energy Partners's product — total revenues changed year-over-year?
NGL Energy Partners's product — total revenues decreased by 2.5% year-over-year, from $778.6M to $759.04M.
What is the long-term trend for NGL Energy Partners's product — total revenues?
Over 3 years (2023 to 2026), NGL Energy Partners's product — total revenues has grown at a -21.8% compound annual growth rate (CAGR), from $5.01B to $2.4B.
What does product — total revenues mean?
This metric represents the total gross inflows of economic benefits generated from the sale of goods or products within a specific business segment. It reflects the market demand and pricing power for the segment's offerings before the deduction of any associated costs. Tracking this figure helps investors evaluate the segment's top-line growth trajectory and its overall contribution to the company's consolidated revenue stream.

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