GasLog Partners LP reported a net loss of $15.0 million for Q4 2025 and $20.2 million for the full year 2025, driven by a $35.4 million Q4 impairment loss and lower revenues. The Partnership declared cash distributions on its Series A, B, and C Preference Units payable in March 2026.
Key takeaways
Recognized an aggregate non-cash impairment loss of $35.4 million in Q4 2025 related to one Steam vessel and three TFDE vessels.
Revenues decreased 21.6% to $66.8 million for Q4 2025 compared to $85.2 million in Q4 2024.
Declared distributions of $0.5390625 per Series A, $0.6129300 per Series B, and $0.5803050 per Series C Preference Units.
Reported a net loss of $20.2 million for the year ended December 31, 2025, compared to a profit of $151.0 million in 2024.
Cash and cash equivalents totaled $5.2 million as of December 31, 2025, with a negative working capital position of $51.3 million.
Contracted revenues of $164.5 million secured for 2026 and $278.5 million thereafter as of year-end 2025.