---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-108155"
form_type: "8-K"
ticker: "GLP"
cik: "0001323468"
company_name: "GLOBAL PARTNERS LP"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T22:57:48.684250+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Global Partners Q3 net income $29M vs $45.9M YoY; EBITDA $97.1M

## Summary
- Net income $29.0M ($0.66/diluted unit) vs $45.9M ($1.17) in Q3 2024.
- EBITDA $97.1M vs $119.1M YoY; Adjusted EBITDA $98.8M vs $114.0M.
- Gross profit $271.4M vs $286.0M; combined product margin $303.9M vs $318.3M.
- Distributable cash flow $53.0M vs $71.1M YoY; Adjusted DCF $53.3M vs $71.6M.
- Wholesale segment strong; Gasoline Distribution & Station Ops fuel margins declined from Q3 2024.

## SEC filing metadata
- accession: 0001104659-25-108155
- form_type: 8-K
- ticker: GLP
- cik: 0001323468
- company_name: GLOBAL PARTNERS LP
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1323468/000110465925108155/0001104659-25-108155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1323468/000110465925108155/tm2530263d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-108155
- JSON: https://secwatch.observer/filing/0001104659-25-108155.json
- Plain text: https://secwatch.observer/filing/0001104659-25-108155.txt

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