---
schema_version: "secwatch.filing_event.v1"
accession: "0001176334-25-000057"
form_type: "8-K"
ticker: "MMLP"
cik: "0001176334"
company_name: "MARTIN MIDSTREAM PARTNERS L.P."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T13:06:21.575331+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Martin Midstream Partners Q1 net loss $1.0M, adjusted EBITDA $27.8M, FY guidance maintained

## Summary
- Net loss of $1.0M ($0.03/unit) vs net income of $3.3M in Q1 2024; includes $0.8M merger termination costs.
- Adjusted EBITDA $27.8M, down from $30.4M in prior year period.
- Full-year 2025 adjusted EBITDA guidance reaffirmed at $109.1M.
- Quarterly cash dividend declared at $0.005 per common unit.
- Adjusted leverage ratio increased to 4.21x from 3.96x at year-end 2024.

## SEC filing metadata
- accession: 0001176334-25-000057
- form_type: 8-K
- ticker: MMLP
- cik: 0001176334
- company_name: MARTIN MIDSTREAM PARTNERS L.P.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176334/000117633425000057/0001176334-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176334/000117633425000057/mmlp-20250416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176334-25-000057
- JSON: https://secwatch.observer/filing/0001176334-25-000057.json
- Plain text: https://secwatch.observer/filing/0001176334-25-000057.txt

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