Apa (APA) Cost of Revenue (2020 - 2026)
Apa's (APA) quarterly Cost of Revenue came in at $15.0 million in Q1 2026, up 136.59% quarter-over-quarter from -$41.0 million in Q4 2025.
Apa (APA) Cost of Revenue (2020 - 2026) Analysis & Trends
Apa has disclosed Cost of Revenue across 7 years of filings, most recently posting $15.0 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $15.0 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $462.0 million (up 516.0% YoY), and the FY2024 annual result was $53.0 million, down 92.86% from the prior year.
- Cost of Revenue came in at $15.0 million for Q1 2026 at Apa, up from -$41.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $661.0 million in Q4 2023 to a low of -$1.4 billion in Q4 2022.
- The 5-year median for Cost of Revenue is $65.0 million (2022), against an average of $23.9 million.
- Across the five-year window, Cost of Revenue slumped 191.26% in 2022 and soared 2966.67% in 2025, its largest moves.
- Apa's Cost of Revenue stood at -$1.4 billion in 2022, then jumped by 146.22% to $661.0 million in 2023, then sank by 91.98% to $53.0 million in 2024, then tumbled by 177.36% to -$41.0 million in 2025, then jumped by 136.59% to $15.0 million in 2026.
- The last three Cost of Revenue figures came in at $15.0 million (Q1 2026), -$41.0 million (Q4 2025), and $184.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 639.66 Bn | 633.72 Bn | - | 326.00 Mn |
| 2 | Canadian Natural Resources | 395.91 Bn | 395.91 Bn | 6.72 Bn | 1.16 Bn |
| 3 | Conocophillips | 147.10 Bn | 140.74 Bn | 9.48 Bn | 6.28 Bn |
| 4 | Eog Resources | 74.80 Bn | 70.95 Bn | - | - |
| 5 | Occidental Petroleum | 56.58 Bn | 53.39 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Diamondback Energy | 55.66 Bn | 61.83 Bn | 4.22 Bn | 24.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.54 Bn | 34.93 Bn | 472.36 Mn | 66.16 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 400.34 Mn |
| 9 | Vermilion Energy | 32.08 Bn | 31.89 Bn | 370.10 Mn | 4.23 Mn |
| 10 | Apa | 13.45 Bn | 14.10 Bn | 2.20 Bn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.00 Mn |
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | -41.00 Mn |
| Dec 31, 2025 | -41.00 Mn |
| Sep 30, 2025 | 184.00 Mn |
| Sep 30, 2025 | 184.00 Mn |
| Jun 30, 2025 | 304.00 Mn |
| Jun 30, 2025 | 304.00 Mn |
| Dec 31, 2024 | 53.00 Mn |
| Dec 31, 2024 | 53.00 Mn |
| Sep 30, 2024 | 6.00 Mn |
| Sep 30, 2024 | 6.00 Mn |
| Jun 30, 2024 | 16.00 Mn |
| Jun 30, 2024 | 16.00 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Mar 31, 2024 | 84.00 Mn |
| Dec 31, 2023 | 661.00 Mn |
| Dec 31, 2023 | 661.00 Mn |
| Sep 30, 2023 | 211.00 Mn |
| Sep 30, 2023 | 211.00 Mn |