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| 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 |