Global Partners (GLP) Q2 2026 earnings summary

Executive summary

• Achieved strong performance across all segments, driven by a dynamic market environment and disciplined capital deployment.

• Focus remains on long-term value creation, leveraging asset quality and a robust balance sheet.

Financial highlights

• Net income for Q2 2026 was $71.0 million ($1.86 per diluted unit), up from $25.2 million ($0.55 per diluted unit) in Q2 2025.

• EBITDA rose to $146.0 million from $95.7 million year-over-year; adjusted EBITDA reached $148.2 million from $98.2 million.

• Distributable cash flow (DCF) increased to $92.6 million from $52.0 million; adjusted DCF was $92.5 million versus $52.3 million.

• Gross profit grew to $328.9 million from $272.4 million; combined product margin was $362.2 million, up from $305.7 million.

• Total sales reached $6.8 billion, up from $4.6 billion year-over-year.

Outlook and guidance

• Management remains committed to disciplined capital allocation and long-term growth, aiming to deliver attractive returns for unitholders.