NGL ENERGY PARTNERS LP — Earnings

Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR

Next earnings (estimated): Wed, April 1, 2026 30 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)

Recent earnings · last 8 quarters

Quarter endRevenueYoYNet IncomeYoYOp. Margin
2025-12-31$910M↓-7.4%$47M↑+249.3%12.1%
2025-09-30$675M↓-10.8%$29M↑+1093.3%14.0%
2025-06-30$622M↓-18.1%$69M↑+611.8%15.7%
2025-03-31$971M↓-6.6%$14M↑+105.8%8.4%
2024-12-31$982M↓-17.8%$14M↓-70.4%8.6%
2024-09-30$756M↓-24.9%$2M↓-91.2%10.8%
2024-06-30$759M↓-16.7%$10M↓-49.8%10.8%
2024-03-31$1.04B$-237M

Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.

Last earnings · FY2025 (Q4)

Revenue
$910M
↓-7.4% -$73M YoY
Net Income
$47M
↑+249.3% +$34M YoY

Earnings surprise · last 8 quarters

YoY % change · proxy for analyst surprise until estimates land

Margin trends · 61 quarters

margin trajectory tells the operating-leverage story
Gross Margin↑+4.9pts
11.2%
Operating Margin↑+3.4pts
12.1%
Net Margin↑+3.8pts
5.2%

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