---
title: "Genesis Energy LP 1Q 2026: Revenue $446.56M, Net income $19.15M, EPS ($0.06) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285591402.md"
description: "Genesis Energy LP reported a revenue of $446.56M for Q1 2026, a 12.1% increase from the previous year, with a net income of $19.15M compared to a loss last year. The diluted EPS was ($0.06). Revenue growth was driven by increased volumes in offshore pipelines and onshore marketing. Offshore segment margins improved by 40% due to SYNC/CHOPS activity. Operating cash flow exceeded $81M, supported by higher segment margins and better working capital."
datetime: "2026-05-07T17:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285591402.md)
  - [en](https://longbridge.com/en/news/285591402.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285591402.md)
generator: "portal-rs"
---

# Genesis Energy LP 1Q 2026: Revenue $446.56M, Net income $19.15M, EPS ($0.06) — 10-Q Summary

Genesis Energy LP reported first-quarter 2026 results with revenues of $446.56M, up 12.1% from the prior-year quarter, and net income of $19.15M versus a loss in the year-ago period; diluted EPS was ($0.06).

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$446.56M

$398.31M

12.1%

Net income²

$19.15M

($460.31M)

104.2%

Diluted EPS³

($0.06)

($4.06)

98.5%

*¹ Reported as “Total revenues”. ² Reported as “Net income (loss)”. ³ Reported as “Net loss per common unit - Basic and Diluted ( Note 12 )”.*

**Business Highlights**

-   Revenue growth of 12% year over year was driven by higher volumes across offshore pipelines and onshore marketing.
-   Offshore pipeline volumes rose notably from SYNC/CHOPS activity and Salamanca tie-ins, lifting offshore segment margin by about 40%.
-   Gulf of America activity strengthened with new FPS wells coming online and a Monument tieback expected in Q4 2026.
-   Marine margin declined due to lower day rates and dry-dock activity, while onshore margin improved from higher pipeline and marketing volumes.
-   Operating cash flow strengthened (in excess of $81M), aided by higher segment margin and improved working capital.

Original SEC Filing: GENESIS ENERGY LP \[ GEL \] - 10-Q - May. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**