Apa (APA) Cost of Revenue (2020 - 2026)
Apa (APA) posted Cost of Revenue of $75.0 million for Q1 2026, down 92.87% sequentially from $1.1 billion in Q4 2025, and down 84.18% YoY from $474.0 million in Q1 2025.
Apa (APA) Cost of Revenue (2020 - 2026) Analysis & Trends
Apa has reported Cost of Revenue for 7 years, with the latest figure at $75.0 million in Q1 2026.
- Quarterly Cost of Revenue fell 84.18% year-over-year to $75.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 231.11% YoY) and the FY2025 annual result came in at $1.1 billion, changed N/A from the prior year.
- Cost of Revenue fell to $75.0 million in Q1 2026 per APA's latest filing, from $1.1 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.8 billion in Q4 2022 and troughed at -$558.0 million in Q4 2023.
- A 5-year average of $232.3 million and a median of $77.0 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 523.16% in 2022, then sank 726.92% in 2024.
- Over 5 years, Cost of Revenue stood at $1.8 billion in 2022, then tumbled by 131.42% to -$558.0 million in 2023, then soared by 122.04% to $123.0 million in 2024, then soared by 755.28% to $1.1 billion in 2025, then slumped by 92.87% to $75.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $75.0 million, $1.1 billion, and $6.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Apa | 15.35 Bn | 14.91 Bn | 2.28 Bn | 122.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 122.00 Mn |
| Jun 30, 2026 | 122.00 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 6.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 304.00 Mn |
| Jun 30, 2025 | 304.00 Mn |
| Mar 31, 2025 | 474.00 Mn |
| Mar 31, 2025 | 474.00 Mn |
| Sep 30, 2024 | 123.00 Mn |
| Sep 30, 2024 | 123.00 Mn |
| Jun 30, 2024 | -163.00 Mn |
| Jun 30, 2024 | -163.00 Mn |
| Mar 31, 2024 | 163.00 Mn |
| Mar 31, 2024 | 163.00 Mn |
| Dec 31, 2023 | -558.00 Mn |
| Dec 31, 2023 | -558.00 Mn |