Global Partners (GLP) Change in Taxes (2010 - 2026)
Global Partners (GLP) posted quarterly Change in Taxes of -$8.7 million for Q1 2026, down 210.11% year-over-year from $7.9 million in Q1 2025, and down 142.73% quarter-over-quarter from $20.3 million in Q4 2025.
Global Partners (GLP) Change in Taxes (2010 - 2026) Analysis & Trends
Global Partners (GLP) has reported Change in Taxes for 14 consecutive years, with -$8.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes fell 210.11% year-over-year to -$8.7 million; the TTM figure through Mar 2026 stood at $485000.0 (down 92.78% YoY), while the FY2025 annual figure was $17.0 million, up 2743.1% from the prior year.
- Change in Taxes retreated to -$8.7 million in Q1 2026 per GLP's latest filing, from $20.3 million in the prior quarter.
- Across five years, Change in Taxes topped out at $20.3 million in Q4 2025 and bottomed at -$19.9 million in Q3 2025.
- Historically, Change in Taxes has averaged $1.8 million across 5 years, with a median of $4.6 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Taxes jumped 1636.55% — and 2024, when it sank 272.93%.
- Global Partners' Change in Taxes stood at $4.6 million in 2022, then jumped by 45.18% to $6.7 million in 2023, then tumbled by 141.21% to -$2.8 million in 2024, then surged by 833.62% to $20.3 million in 2025, then plunged by 142.73% to -$8.7 million in 2026.
- Business Quant data shows GLP's Change in Taxes at -$8.7 million in Q1 2026, $20.3 million in Q4 2025, and -$19.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 18.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | Global Partners | 1.75 Bn | 1.70 Bn | 328.94 Mn | 3.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.57 Mn |
| Jun 30, 2026 | 3.57 Mn |
| Mar 31, 2026 | -8.68 Mn |
| Mar 31, 2026 | -8.68 Mn |
| Dec 31, 2025 | 20.31 Mn |
| Dec 31, 2025 | 20.31 Mn |
| Sep 30, 2025 | -19.93 Mn |
| Sep 30, 2025 | -19.93 Mn |
| Jun 30, 2025 | 8.78 Mn |
| Jun 30, 2025 | 8.78 Mn |
| Mar 31, 2025 | 7.88 Mn |
| Mar 31, 2025 | 7.88 Mn |
| Dec 31, 2024 | -2.77 Mn |
| Dec 31, 2024 | -2.77 Mn |
| Sep 30, 2024 | -8.11 Mn |
| Sep 30, 2024 | -8.11 Mn |
| Jun 30, 2024 | 9.71 Mn |
| Jun 30, 2024 | 9.71 Mn |
| Mar 31, 2024 | 521,000.00 |
| Mar 31, 2024 | 521,000.00 |