Navios Maritime Partners posted Q2 2026 net income of USD 167.9 million, more than doubled from a year earlier, with earnings per unit of USD 5.78.
Revenue climbed 25.2% to USD 410.2 million, helped by a 23.8% rise in the combined TCE rate to USD 28,512 per day.
EBITDA increased to USD 275.2 million from USD 178.2 million; operating cash flow rose to USD 186.6 million from USD 121.6 million.
Capital return and operating backdrop
The board authorized a new USD 200 million common unit repurchase program, expected to start in Q3 2026, and declared a USD 0.06 distribution.
Management cited heightened geopolitical uncertainty, pointing to disruptions in the Strait of Hormuz and the Red Sea that could lengthen trade routes.
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