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GasLog Partners Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary24 Jul, 2026

Executive summary

  • Revenues for Q2 2026 were $89.5 million, up from $70.2 million in Q2 2025, driven by higher average charter rates despite a smaller fleet.

  • Net profit for Q2 2026 was $44.4 million, a significant turnaround from a $17.9 million loss in Q2 2025, mainly due to lower impairment losses, increased revenues, and reduced depreciation.

Financial highlights

  • Q2 2026 revenues increased by $19.3 million year-over-year.

  • Q2 2026 net profit was $44.4 million, compared to a $17.9 million loss in Q2 2025.

  • Operating profit for Q2 2026 was $45.1 million, up from a $16.6 million operating loss in Q2 2025.

  • Depreciation expense decreased to $19.2 million in Q2 2026 from $28.3 million in Q2 2025.

  • Impairment loss for Q2 2026 was $0.5 million, down from $34.6 million in Q2 2025.

Outlook and guidance

  • Fleet size has decreased due to vessel sales, impacting future revenue potential.

Impact of Methane Rita Andrea sale on capital
Drivers of Q2 2026 revenue growth
Factors in the $62.3 million profit increase
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