For the quarter ending 2026-03-31, GLP-PB had $6,130K increase in cash & cash equivalents over the period. -$136,557K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Sales | 5,321,800 | 4,647,883 | 13,913,538 |
| Cost of products | 4,956,722 | 4,352,182 | 13,015,293 |
| Product margin | 365,078 | 295,701 | 898,245 |
| Wages and benefits | 40,943 | 40,486 | 123,471 |
| Occupancy costs | 32,675 | 34,935 | 97,450 |
| Transactional Operating Cost | 21,091 | 22,731 | 67,462 |
| Transactional operating costs | 21,091 | 22,731 | 67,462 |
| Maintenance | 24,397 | 15,859 | 77,533 |
| Other segment operating expenses | 10,128 | 10,556 | 28,967 |
| Total operating expenses allocated to operating segments | 129,234 | 124,567 | 394,883 |
| Depreciation allocated to cost of sales | 32,911 | 32,619 | 99,274 |
| Selling, general and administrative expenses | 99,350 | 80,921 | 224,781 |
| Amortization expense | 1,270 | 1,269 | 4,063 |
| Net gain on sale and disposition of assets | 3,426 | 971 | 2,355 |
| Long-lived asset impairment | - | 0 | 231 |
| Total operating expenses not allocated to operating expenses | 130,105 | 113,838 | 325,994 |
| Operating income | 105,739 | 57,296 | 177,368 |
| Income from equity method investments | 739 | 1,438 | 3,071 |
| Interest expense | -35,503 | -33,284 | -103,878 |
| Loss on early extinguishment of debt | - | 0 | -2,971 |
| Income tax expense | 839 | 392 | 671 |
| Net income | 70,136 | 25,058 | 72,919 |
| Depreciation and amortization | 35,589 | 35,318 | 107,265 |
| Amortization of deferred financing fees | 1,870 | 1,861 | 5,593 |
| Bad debt expense | 851 | 137 | 1,091 |
| Unit-based compensation expense | 7,373 | 3,281 | 10,139 |
| Net gain on sale and disposition of assets | 3,426 | 971 | 2,355 |
| Long-lived asset impairment | - | 0 | 231 |
| Deferred income taxes | - | 986 | - |
| Income from equity method investments | 739 | 1,438 | 3,071 |
| Dividends received on equity method investments | - | 0 | 477 |
| Loss on early extinguishment of debt | - | 0 | -2,971 |
| Accounts receivable | 243,658 | 8,797 | 49,982 |
| Accounts receivable-affiliate | 2,618 | -2,424 | -1,199 |
| Inventories | 187,027 | 70,606 | -115,018 |
| Broker margin deposits | 23,507 | -2,795 | 464 |
| Prepaid expenses, all other current assets and other assets | -6,195 | 16,095 | -3,649 |
| Accounts payable | 176,615 | 86,859 | -23,632 |
| Trustee taxes payable | -8,680 | 20,314 | -3,266 |
| Change in derivatives | -89,646 | 17,850 | -12,928 |
| Accrued expenses, all other current liabilities and other long-term liabilities | -23,320 | 37,772 | -66,954 |
| Net cash used in operating activities | -104,700 | 101,048 | 183,756 |
| Equity method investments | 4,518 | 4,601 | 24,916 |
| Capital expenditures | 31,857 | 38,812 | 52,657 |
| Seller note issuances, net | 5 | -407 | -531 |
| Dividends received of equity method investments | 3,093 | 4,757 | 7,746 |
| Proceeds from sale of property and equipment, net | 5,174 | 2,082 | 4,493 |
| Net cash used in investing activities | -28,113 | -36,167 | -64,803 |
| Net borrowings from working capital revolving credit facility | 182,200 | -14,500 | 11,100 |
| Net (payments on) borrowings from revolving credit facility-Non Working Capital Facility | - | -21,300 | -42,200 |
| Proceeds from senior notes, net | - | -15 | 441,208 |
| Repayment of senior notes | - | 0 | 400,000 |
| Repurchase of common units | - | 2,625 | 7,371 |
| Ltip units withheld for tax obligations | 7,521 | 0 | 13,439 |
| Distribution equivalent rights | 3,262 | 0 | 4,017 |
| Distributions to limited partners and general partner | 32,474 | 32,130 | 94,510 |
| Net cash provided by financing activities | 138,943 | -70,570 | -109,229 |
| Increase (decrease) in cash and cash equivalents | 6,130 | -5,689 | 9,724 |
| Cash and cash equivalents at beginning of period | 12,243 | 17,932 | 8,208 |
| Cash and cash equivalents at end of period | 18,373 | 12,243 | 17,932 |
GLOBAL PARTNERS LP (GLP-PB)
GLOBAL PARTNERS LP (GLP-PB)