Global Partners (GLP) Cost of Revenue (2010 - 2026)
Global Partners (GLP) reported Cost of Revenue of $5.0 billion for Q1 2026, up 15.05% year-over-year from $4.3 billion in Q1 2025, and up 13.79% quarter-over-quarter from $4.4 billion in Q4 2025.
Global Partners (GLP) Cost of Revenue (2010 - 2026) Analysis & Trends
Global Partners (GLP) has 17 years of Cost of Revenue data on file, last reported at $5.0 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $5.0 billion, up 15.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.2 billion (up 9.93% YoY), and the FY2025 annual result was $17.5 billion, up 8.65% from the prior year.
- Cost of Revenue grew to $5.0 billion in Q1 2026 per GLP's latest filing, from $4.4 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $5.0 billion in Q2 2022 and troughed at $3.6 billion in Q2 2023.
- A 5-year average of $4.2 billion and a median of $4.1 billion in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 78.31% in 2022, then retreated 28.82% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $4.1 billion in 2022, then retreated by 0.4% to $4.1 billion in 2023, then decreased by 5.12% to $3.9 billion in 2024, then increased by 11.93% to $4.4 billion in 2025, then climbed by 13.79% to $5.0 billion in 2026.
- Business Quant data shows GLP's Cost of Revenue at $5.0 billion in Q1 2026, $4.4 billion in Q4 2025, and $4.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | Global Partners | 1.69 Bn | 1.63 Bn | 332.17 Mn | 4.99 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.99 Bn |
| Mar 31, 2026 | 4.99 Bn |
| Dec 31, 2025 | 4.38 Bn |
| Dec 31, 2025 | 4.38 Bn |
| Sep 30, 2025 | 4.42 Bn |
| Sep 30, 2025 | 4.42 Bn |
| Jun 30, 2025 | 4.35 Bn |
| Jun 30, 2025 | 4.35 Bn |
| Mar 31, 2025 | 4.34 Bn |
| Mar 31, 2025 | 4.34 Bn |
| Dec 31, 2024 | 3.92 Bn |
| Dec 31, 2024 | 3.92 Bn |
| Sep 30, 2024 | 4.14 Bn |
| Sep 30, 2024 | 4.14 Bn |
| Jun 30, 2024 | 4.12 Bn |
| Jun 30, 2024 | 4.12 Bn |
| Mar 31, 2024 | 3.93 Bn |
| Mar 31, 2024 | 3.93 Bn |
| Dec 31, 2023 | 4.13 Bn |
| Dec 31, 2023 | 4.13 Bn |