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GLP Q1 2023 Earnings — Global Partners LP Revenue & Financial Results | Market Cap Arena
GLP
Global Partners LP
$2B
Q1 2023 Earnings
Energy
Oil & Gas Midstream
Income Statement
Revenue
$4.0B
-10.4% YoY
Gross Profit
$222M
5.5% margin
Operating Income
$51M
1.3% margin
Net Income
$29M
0.7% margin
EPS (Diluted)
$0.70
QoQ Revenue Growth
-9.0%
Cash Flow
Operating Cash Flow
-$19M
Free Cash Flow
-$35M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$2.9B
Total Liabilities
$2.2B
Stockholders' Equity
$759M
Cash & Equivalents
$7M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$4.0B
$4.5B
-10.4%
Gross Profit
$222M
$206M
+7.7%
Operating Income
$51M
$53M
-3.1%
Net Income
$29M
$30M
-4.8%
Revenue Segments
Wholesale
$1.6B
94%
Commercial
$86M
5%
GDSO
$20M
1%
← FY 2023
All Quarters
Q2 2023 →