v3.26.1
Cash Distributions and Earnings per Unit (Tables)
6 Months Ended
Jun. 30, 2026
Cash Distributions And Earnings Per Unit  
Cash Distributions and Earnings per Unit - Schedule of Incentive Distributions Made To General Partners Or Unitholders By Distribution

There are incentive distribution rights held by Navios GP L.L.C., which are analyzed as follows:

 

 

 

 

Marginal Percentage Interest in Distributions

 

 

Total Quarterly Distribution Target Amount

 

Common Unitholders

 

 

Incentive Distribution Right Holder

 

 

General Partner

 

Minimum Quarterly Distribution

 

up to $5.25

 

 

98

%

 

 

 

 

 

2

%

First Target Distribution

 

up to $6.0375

 

 

98

%

 

 

 

 

 

2

%

Second Target Distribution

 

above $6.0375 up to $6.5625

 

 

85

%

 

 

13

%

 

 

2

%

Third Target Distribution

 

above $6.5625 up to $7.875

 

 

75

%

 

 

23

%

 

 

2

%

Thereafter

 

above $7.875

 

 

50

%

 

 

48

%

 

 

2

%

 

Cash Distributions and Earnings per Unit - Distributions Paid for all quarters

The authorized quarterly cash distributions paid during the six month periods ended June 30, 2026 and 2025, as well as the quarterly cash distribution paid with respect to the quarter ended June 30, 2026 are presented below:

 

Date

Authorized
Quarterly Cash
Distribution for the
three months ended

Date of record
of Common and
General Partnership
unit Unitholders

Payment of
Distribution

 

$/ Unit

 

 

Amount of
the declared
distribution

 

January 2025

December 31, 2024

February 10, 2025

February 13, 2025

 

$

0.05

 

 

$

1,511

 

April 2025

March 31, 2025

May 9, 2025

May 14, 2025

 

$

0.05

 

 

$

1,493

 

January 2026

December 31, 2025

February 9, 2026

February 12, 2026

 

$

0.05

 

 

$

1,461

 

April 2026

March 31, 2026

May 11, 2026

May 14, 2026

 

$

0.06

 

 

$

1,743

 

July 2026

June 30, 2026

August 10, 2026

August 13, 2026

 

$

0.06

 

 

$

1,736

 

Cash Distributions and Earnings per Unit - Schedule of Earnings per Unit, Basic and Diluted

The calculations of the basic and diluted earnings per unit are presented below.

 

Three Month Period Ended June 30, 2026

 

 

Three Month Period Ended June 30, 2025

 

 

Six Month
Period Ended June 30, 2026

 

 

Six Month
Period Ended June 30, 2025

 

Net income

 

$

167,919

 

 

$

69,947

 

 

$

274,263

 

 

$

111,674

 

Income attributable to:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

$

164,393

 

 

$

68,478

 

 

$

268,504

 

 

$

109,329

 

Weighted average units outstanding basic

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

 

28,426,340

 

 

 

29,233,736

 

 

 

28,501,957

 

 

 

29,404,831

 

Earnings per unit basic:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

$

5.78

 

 

$

2.34

 

 

$

9.42

 

 

$

3.72

 

Weighted average units outstanding diluted

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

 

28,426,340

 

 

 

29,233,736

 

 

 

28,501,957

 

 

 

29,404,831

 

Earnings per unit diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

$

5.78

 

 

$

2.34

 

 

$

9.42

 

 

$

3.72

 

Earnings per unit distributed basic:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

$

0.06

 

 

$

0.05

 

 

$

0.12

 

 

$

0.10

 

Earnings per unit distributed diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Common unitholders

 

$

0.06

 

 

$

0.05

 

 

$

0.12

 

 

$

0.10