Global Partners Q4 net income rises to $25.1M; full-year net income drops 11% to $98.0M

GLOBAL PARTNERS LP

Q4 2025 net income $25.1M ($0.54/diluted unit) vs $23.9M ($0.52) in Q4 2024.
Full-year 2025 net income $98.0M ($2.11/unit) vs $110.3M ($2.41) in 2024.
Adjusted EBITDA Q4 $94.8M vs $97.8M; full-year $383.0M vs $389.1M.
Gasoline Distribution & Station Operations segment strong; Wholesale segment weak.
CEO cites integrated platform, strong balance sheet, and focus on unitholder value.

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