Global Partners Misses Q3 2026 Estimates as Revenue Rises 42% to $6.68B

Global Partners (GLP) missed estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $6.68 billion, up 42% from a year earlier, below the $7.41 billion estimate, and adjusted EPS was $1.26, up 91% from a year earlier, below the $1.61 estimate.

Shares rose 0.8% in premarket trading as of 8:00 a.m. ET, to $42.00 from a $41.67 close.

Q3 2026 scorecard

By our calculation, revenue was $732.3 million below the estimate and adjusted EPS was $0.35 below it. The QoQ column compares with the previous quarter's revenue of $6.79 billion and adjusted EPS of $1.86. The YoY column compares with $4.69 billion and $0.66 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 0 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $4.69 billion, $4.65 billion, $5.32 billion, $6.79 billion and $6.68 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.71 and revenue of $7.89 billion next quarter, based on 1 analyst.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 42% increase to $6.68 billion.
• Estimate record. Whether Global Partners extends a record of beating EPS estimates in 4 of its last 8 reports.
• Related coverage. See our reports on Dauch, Plains All American Pipeline, MSG Knickerbockers Corp. Class A and Plains GP.

Sources: Results are from Global Partners's Nov. 6, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Global Partners's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.