Filing Flows › Global Partners LP (GLP) › Q2 2026
Global Partners LP (GLP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Global Partners LP (GLP) reported revenue of $6.8B for the second quarter 2026 (Q2 2026), +47% from a year earlier and +28% from the quarter before. Operating margin was 1.6%, net earnings $71.0M (1.0% of revenue).
Global Partners LP, Q2 2026: revenue $6.8B (+47% year over year), operating margin 1.6%, net earnings $71.0M, operating cash flow $309M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8B | +28% | +47% |
| Gross profit | $329M | -1% | +21% |
| Operating profit | $107M | +2% | +79% |
| Net earnings | $71.0M | +1% | +182% |
| Operating cash flow | $309M | — | +43% |
| Free cash flow | $274M | — | +36% |
What changed
Revenue was $6.8B in Q2 2026, up 47% year over year and up 28% from the previous quarter. Wholesale segment was the largest line at 72% of revenue. Wholesale segment added $1.7B year over year (up 55%), 80% of the total change.
Gross margin was 4.8%, down 1.0 points from Q2 2025. Operating profit was $0.11B, a 1.6% margin (up 0.3 points year over year). Of the extra revenue versus Q2 2025, 2% reached operating profit, above the 1% margin then. Operating expenses grew 4% against revenue growth of 47%. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.07B, up 182% year over year. The effective tax rate was 6.9%.
Operating cash flow was $0.31B (up 43% year over year), 436% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.23B. Capital expenditures of $0.03B left free cash flow of $0.27B.
Questions
What was Global Partners LP's revenue in the second quarter 2026?
Global Partners LP (GLP) reported revenue of $6.8B for the second quarter 2026 (Q2 2026), +47% from a year earlier and +28% from the quarter before.
Was Global Partners LP profitable in the second quarter 2026?
Operating profit was $107M (1.6% of revenue) and net earnings $71.0M.
Source: Global Partners LP 10-Q on SEC EDGAR.