GasLog Partners (GLOP) Q2 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 earnings summary
24 Jul, 2026Executive 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.
