The earnings call reflected a balanced view with notable achievements such as strong year-over-year earnings growth, strategic terminal acquisitions, and successful debt refinancing. However, these were tempered by significant challenges including a decline in quarterly financial performance, adverse weather impacts, and decreased site count. The financial results were also affected by increased expenses and market challenges in the Wholesale segment.

Company Guidance

During the Global Partners Second Quarter 2025 Financial Results Conference Call, the company reported strong year-over-year performance, with net income increasing by 8%, adjusted EBITDA by 7%, and adjusted distributable cash flow (DCF) by 9% for the first half of 2025. The Board approved a quarterly cash distribution of $0.75 per unit, marking the 15th consecutive increase. The company noted a decrease in net income to $25.2 million, EBITDA to $95.7 million, and adjusted EBITDA to $98.2 million for Q2 2025 compared to Q2 2024, partly due to a $2.8 million loss on early debt extinguishment. The trailing 12-month distribution coverage stood at 1.81x. The GDSO product margin decreased by $13.6 million to $207.9 million, affected by weather and site count reductions. CapEx for Q2 was $15 million, with full-year expectations of $60-$70 million for maintenance and $65-$75 million for expansion. The company completed an offering of $450 million in senior notes.

Strong Year-over-Year Earnings Growth

Net income increased 8%, adjusted EBITDA increased 7%, and adjusted DCF increased 9% for the first half of 2025 compared to the same period last year.

Expansion through Terminal Acquisitions

Recent terminal acquisitions have expanded Global Partners' reach and strengthened their presence in key markets, setting up a stronger platform for long-term value and future M&A opportunities.

Increased Cash Distribution

The Board approved a quarterly cash distribution of $0.75 per unit, marking the 15th consecutive increase.

Successful Debt Refinancing

Completed an upsized private offering of $450 million senior unsecured notes with a 7.125% interest rate and a 2033 maturity, enhancing financial flexibility and extending debt maturity.

Global Partners (GLP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GLP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	1.09 / -	1.17	―	―	―
Jun 30, 2025	2025 (Q2)	0.60 / 0.55	1.1	-50.00% (-0.55)	―	―
May 08, 2025	2025 (Q1)	-0.03 / 0.36	-0.37	197.30% (+0.73)
Feb 28, 2025	2024 (Q4)	0.24 / 0.52	1.41	-63.12% (-0.89)	―
Nov 08, 2024	2024 (Q3)	1.57 / 1.17	0.6	95.00% (+0.57)
Aug 07, 2024	2024 (Q2)	1.50 / 1.10	1.05	4.76% (+0.05)
May 08, 2024	2024 (Q1)	0.10 / -0.37	0.7	-152.86% (-1.07)
Feb 28, 2024	2023 (Q4)	0.96 / 1.41	1.54	-8.44% (-0.13)	―
Nov 09, 2023	2023 (Q3)	0.69 / 0.60	3.12	-80.77% (-2.52)	―
Aug 04, 2023	2023 (Q2)	1.28 / 1.05	4.61	-77.22% (-3.56)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GLP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 30, 2025	$51.76	$51.94	+0.35%
May 08, 2025	$48.66	$46.60	-4.23%
Feb 28, 2025	$54.86	$55.70	+1.53%
Nov 08, 2024	$45.24	$46.57	+2.94%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Global Partners Lp (GLP) report earnings?

Global Partners Lp (GLP) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Global Partners Lp (GLP) earnings time?

Global Partners Lp (GLP) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GLP EPS forecast?

GLP EPS forecast for the fiscal quarter 2025 (Q3) is 1.09.

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