Global Partners (GLP) Operating Expenses (2010 - 2026)
Global Partners' (GLP) quarterly Operating Expenses came in at $129.2 million in Q1 2026, down 35.17% year-on-year from $199.4 million in Q1 2025, and down 37.2% on a QoQ basis from $205.8 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 $129.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 35.17% year-over-year to $129.2 million in Q1 2026; TTM through Mar 2026 was $679.8 million, a 964.7% increase from a year earlier, with the FY2025 full-year figure at $827.4 million, up 2083.14% from the prior year.
- Operating Expenses for Q1 2026 stood at $129.2 million, down from $205.8 million in the prior quarter.
- Over the last five years, Operating Expenses for GLP reached as high as $310.1 million in Q4 2022 and fell as low as -$499.9 million in Q4 2023.
- Historically, Operating Expenses has averaged $86.6 million across 5 years, with a median of $129.2 million in 2026.
- Across the five-year window, Operating Expenses tumbled 261.24% in 2023 and surged 1249.61% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $310.1 million in 2022, then tumbled by 261.24% to -$499.9 million in 2023, then soared by 30.12% to -$349.3 million in 2024, then surged by 158.91% to $205.8 million in 2025, then slumped by 37.2% to $129.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $129.2 million in Q1 2026, $205.8 million in Q4 2025, and $132.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Global Partners | 1.64 Bn | 1.58 Bn | 332.17 Mn | 129.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 129.23 Mn |
| Dec 31, 2025 | 205.79 Mn |
| Sep 30, 2025 | 132.51 Mn |
| Jun 30, 2025 | 212.30 Mn |
| Mar 31, 2025 | 199.35 Mn |
| Dec 31, 2024 | -349.34 Mn |
| Sep 30, 2024 | 9.82 Mn |
| Jun 30, 2024 | 204.02 Mn |
| Mar 31, 2024 | 189.30 Mn |
| Dec 31, 2023 | -499.93 Mn |
| Sep 30, 2023 | 115.94 Mn |
| Jun 30, 2023 | 110.38 Mn |
| Mar 31, 2023 | 108.35 Mn |
| Dec 31, 2022 | 310.05 Mn |
| Sep 30, 2022 | 187.08 Mn |
| Jun 30, 2022 | 108.53 Mn |
| Mar 31, 2022 | 99.23 Mn |
| Dec 31, 2021 | 316.20 Mn |
| Sep 30, 2021 | 92.15 Mn |
| Jun 30, 2021 | 88.17 Mn |