Global Partners (GLP) Operating Expenses (2010 - 2026)

Global Partners (GLP) reported Operating Expenses of $10.1 million for Q1 2026, down 94.92% year-over-year from $199.4 million in Q1 2025, and down 97.94% quarter-over-quarter from $490.5 million in Q4 2025.

Global Partners (GLP) Operating Expenses (2010 - 2026) Analysis & Trends

Global Partners (GLP) has 17 years of Operating Expenses data on file, last reported at $10.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $10.1 million, down 94.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $768.8 million (up 939.54% YoY), and the FY2025 annual result was $519.4 million, up 1270.62% from the prior year.
  • Operating Expenses declined to $10.1 million in Q1 2026 per GLP's latest filing, 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.
  • A 5-year average of $119.0 million and a median of $135.7 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 581.25% in 2024, then soared 2338.28% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $310.1 million in 2022, then slumped by 62.6% to $116.0 million in 2023, then slumped by 581.25% to -$558.0 million in 2024, then surged by 187.9% to $490.5 million in 2025, then sank by 97.94% to $10.1 million in 2026.
  • Business Quant data shows GLP's Operating Expenses at $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 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 Global Partners 1.64 Bn 1.58 Bn 332.17 Mn 10.13 Mn

Historic Data

Download Data
DateValue
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