Global Partners Financial Statements
NYSE: GLPEnergyOil Refining/MarketingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Global Partners revenue and earnings
In fiscal 2025, Global Partners generated $18.56 billion in revenue, up 8.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $98.0 million (-11.2% year over year), for a net margin of 0.5% versus a median of 0.9% in the prior 5 years. Gross margin was 5.7% (down from 6.2%) and operating margin 1.3%.
Over the last 5 fiscal years, GLP's revenue has grown at a 17.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Global Partners income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.56B | 17.16B | 16.49B | 18.88B | 13.25B | 8.32B | 13.08B | 12.67B | 8.92B | 8.24B |
| Revenue growth (YoY) | +8.14% | +4.07% | -12.64% | +42.49% | +59.20% | -36.39% | +3.23% | +42.06% | +8.26% | -20.12% |
| Cost of Revenue | 17.50B | 16.11B | 15.52B | 17.78B | 12.53B | 7.60B | 12.42B | 12.02B | 8.34B | 7.69B |
| Gross Profit | 1.06B | 1.06B | 973.64M | 1.10B | 719.26M | 721.14M | 662.76M | 650.41M | 583.05M | 546.49M |
| Operating Expenses | 827.39M | 806.67M | 729.87M | 637.36M | 577.04M | 528.87M | 523.55M | 453.24M | 463.27M | 698.74M |
| Selling, General & Admin | 305.70M | 292.07M | 273.73M | 263.11M | 212.88M | 192.53M | 170.94M | 171.00M | 155.03M | 149.67M |
| Operating Income | 234.66M | 251.22M | 243.77M | 460.29M | 142.22M | 192.27M | 139.21M | 197.17M | 119.78M | -152.25M |
| Pretax Income | 99.04M | 114.94M | 160.64M | 379.03M | 62.13M | 101.56M | 36.27M | 108.03M | 33.55M | -238.57M |
| Income Tax | 1.06M | 4.61M | 8.14M | 16.82M | 1.34M | -119.00K | 1.09M | 5.62M | -23.56M | 53.00K |
| Net Income | 97.98M | 110.33M | 152.51M | 362.21M | 60.80M | 102.21M | 35.87M | 103.91M | 58.75M | -199.41M |
| Net Income growth (YoY) | -11.19% | -27.66% | -57.90% | +495.77% | -40.52% | +184.97% | -65.48% | +76.85% | — | -557.76% |
| Gross Margin | 5.72% | 6.16% | 5.90% | 5.81% | 5.43% | 8.67% | 5.07% | 5.13% | 6.54% | 6.63% |
| Operating Margin | 126.00% | 146.00% | 148.00% | 2.44% | 107.00% | 2.31% | 106.00% | 1.56% | 134.00% | -1.85% |
| Net Margin | 53.00% | 64.00% | 92.00% | 1.92% | 46.00% | 123.00% | 27.00% | 82.00% | 66.00% | -2.42% |
This table shows 10 annual periods of Global Partners's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GLP's reporting calendar. What is a income statement?