Global Partners (GLP) Cost of Revenue (2010 - 2026)
Global Partners (GLP) posted quarterly 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 reported Cost of Revenue for 17 consecutive years, with $5.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 15.05% year-over-year to $5.0 billion; the TTM figure through Mar 2026 stood at $18.2 billion (up 9.93% YoY), while the FY2025 annual figure was $17.5 billion, up 8.65% from the prior year.
- Cost of Revenue improved to $5.0 billion in Q1 2026 per GLP's latest filing, from $4.4 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $5.0 billion in Q2 2022 and bottomed at $3.6 billion in Q2 2023.
- Historically, Cost of Revenue has averaged $4.2 billion across 5 years, with a median of $4.1 billion in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 78.31% — and 2023, when it retreated 28.82%.
- Global Partners' Cost of Revenue stood at $4.1 billion in 2022, then decreased by 0.4% to $4.1 billion in 2023, then slipped by 5.12% to $3.9 billion in 2024, then rose by 11.93% to $4.4 billion in 2025, then grew 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Global Partners | 1.75 Bn | 1.70 Bn | 328.94 Mn | 6.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.46 Bn |
| Jun 30, 2026 | 6.46 Bn |
| 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 |