---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-074995"
form_type: "8-K"
ticker: "GLP"
cik: "0001323468"
company_name: "GLOBAL PARTNERS LP"
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:11:53.343069+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Global Partners Q2 net income drops to $25.2M from $46.1M; EBITDA falls 19%

## Summary
- Net income $25.2M ($0.55/diluted unit) vs $46.1M ($1.10) in Q2 2024, down 45%.
- Adjusted EBITDA $98.2M vs $121.1M; includes $2.8M loss on early debt extinguishment.
- Gross profit $272.4M vs $287.9M; combined product margin $305.7M vs $319.6M.
- CEO notes first-half 2025 net income +8%, adj. EBITDA +7%, adj. DCF +9% YoY.

## SEC filing metadata
- accession: 0001104659-25-074995
- form_type: 8-K
- ticker: GLP
- cik: 0001323468
- company_name: GLOBAL PARTNERS LP
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1323468/000110465925074995/0001104659-25-074995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1323468/000110465925074995/tm2522692d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-074995
- JSON: https://secwatch.observer/filing/0001104659-25-074995.json
- Plain text: https://secwatch.observer/filing/0001104659-25-074995.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.