Global Partners (GLP-PB) Operating Expenses (2010 - 2026)
Global Partners' (GLP-PB) quarterly Operating Expenses came in at $10.1 million in Q1 2026, down 94.92% year-on-year from $199.4 million in Q1 2025, and down 97.94% sequentially from $490.5 million in Q4 2025.
Global Partners (GLP-PB) Operating Expenses (2010 - 2026) Analysis & Trends
Global Partners' Operating Expenses history runs 17 years deep, the most recent figure standing at $10.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 94.92% year-over-year to $10.1 million; the TTM figure through Mar 2026 stood at $768.8 million (up 939.54% YoY), while the FY2025 annual figure was $519.4 million, up 1270.62% from the prior year.
- Operating Expenses came in at $10.1 million for Q1 2026 at Global Partners, down from $490.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $490.5 million in Q4 2025 and troughed at -$558.0 million in Q4 2024.
- The 5-year median for Operating Expenses is $135.7 million (2025), against an average of $119.0 million.
- The widest annual swing landed in 2024, when Operating Expenses slumped 581.25%; it then jumped 2338.28% in 2025.
- A 5-year view of Operating Expenses shows it stood at $310.1 million in 2022, then tumbled by 62.6% to $116.0 million in 2023, then tumbled by 581.25% to -$558.0 million in 2024, then soared by 187.9% to $490.5 million in 2025, then slumped by 97.94% to $10.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $10.1 million in Q1 2026, $490.5 million in Q4 2025, and $132.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Global Partners | - | - | 332.17 Mn | 10.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.13 Mn |
| Dec 31, 2025 | 490.48 Mn |
| Sep 30, 2025 | 132.51 Mn |
| Jun 30, 2025 | 135.66 Mn |
| Mar 31, 2025 | 199.35 Mn |
| Dec 31, 2024 | -558.01 Mn |
| Sep 30, 2024 | 137.13 Mn |
| Jun 30, 2024 | 129.96 Mn |
| Mar 31, 2024 | 8.18 Mn |
| Dec 31, 2023 | 115.95 Mn |
| Sep 30, 2023 | 180.54 Mn |
| Jun 30, 2023 | 179.98 Mn |
| Mar 31, 2023 | 170.57 Mn |
| Dec 31, 2022 | 310.05 Mn |
| Sep 30, 2022 | 119.55 Mn |
| Jun 30, 2022 | 108.53 Mn |
| Mar 31, 2022 | 153.10 Mn |
| Dec 31, 2021 | 153.52 Mn |
| Sep 30, 2021 | 149.38 Mn |
| Jun 30, 2021 | 88.17 Mn |