FY2025 · ended Dec 31, 2025 · Revenue $716.11M, +1.2% YoY · Filed Feb 23, 2026
Martin Midstream Partners L.P. (MMLP) files with the SEC under industry code 5171, Wholesale-Petroleum Bulk Stations & Terminals. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $716.1 million and a net loss of $14.7 million. Free cash flow was $21.4 million. As of Sep 30, 2026 it held $48,000 in cash and investments and $535.5 million in total debt.
Revenue (TTM)
$807.18M
+13.2% vs year-ago TTM
Net income (TTM)
$-11.15M
+46.4% vs year-ago TTM
Operating cash flow (TTM)
$15.99M
-75.7% vs year-ago TTM
Free cash flow (TTM)
$-18.66M
-146.6% vs year-ago TTM
EPS
—
Dividend per share
None
Shares outstanding
39.06M
+0.0% vs prior year
Net cash
$-535.46M
as of Sep 30, 2026
Operating margin
6.2%
FY 2026
Company profile
- Industry
- Wholesale-Petroleum Bulk Stations & Terminals (SIC 5171)
- Listed as
- MMLP (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Kilgore, TX
- SEC filer status
- Accelerated filer
- SEC CIK
- 1176334
- Former names
- MARTIN MIDSTREAM PARTNERS LP (until Jul 3, 2019)
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $716.1M | $707.6M | $798.0M | $1.0B | $882.4M |
| Operating income | $48.9M | $57.3M | $66.7M | $51.3M | $57.3M |
| Net income | -$14.7M | -$5.2M | -$4.5M | -$10.3M | -$211,000 |
| Operating cash flow | $46.1M | $48.4M | $137.5M | $16.1M | $35.7M |
| Free cash flow | $21.4M | $6.3M | $103.2M | -$11.1M | $19.7M |
| Total assets | $522.4M | $538.5M | $509.4M | $598.9M | $579.9M |
| Total liabilities | $608.2M | $608.9M | $574.0M | $658.3M | $627.9M |
| Cash and investments | $49,000 | $55,000 | $54,000 | $45,000 | $52,000 |
| Total debt | $498.5M | $505.2M | $481.8M | $548.2M | $521.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 26, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 21, 2026 |
| 10-Q | Quarterly report | Jul 27, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 22, 2026 | Jul 22, 2026 |
| 10-Q | Quarterly report | Apr 27, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
Apr 22, 2026 | Apr 22, 2026 |
All 1008 Martin Midstream Partners L.P. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.