The energy distributor reports Q1 2026 adjusted EBITDA of $140.4 million, up from $91.3 million a year earlier.
Global Partners LP posted Q1 2026 adjusted EBITDA of $140.4 million, a 54% increase from $91.3 million in the same period of 2025. Net income rose to $70.1 million from $18.7 million, while distributable cash flow reached $96.4 million.
The company also announced an 18th consecutive quarterly distribution increase, raising the payout to $76.50 per common unit, or $3.06 annualized. The distribution will be paid on May 15, 2026, to unitholders of record as of May 11, 2026.
Management attributed the results to disciplined execution and strong cash generation amid market conditions. Prior-year Q1 EBITDA was $91.9 million, with distributable cash flow at $91.3 million.