KPIs & Operating Metrics(New)
Growth Metrics

Apa (APA) Cost of Revenue (2020 - 2026)

Apa's Cost of Revenue history spans 6 years, with the latest figure at -$259.0 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 1136.0% to -$259.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $45.0 million, a 66.67% decrease, with the full-year FY2024 number at $25.0 million, down 51.92% from a year prior.
  • Cost of Revenue hit -$259.0 million in Q4 2025 for Apa, down from $304.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for APA hit a ceiling of $492.0 million in Q1 2021 and a floor of -$259.0 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $91.7 million across 5 years, with a median of $30.5 million in 2021.
  • Biggest five-year swings in Cost of Revenue: soared 428.57% in 2023 and later plummeted 1136.0% in 2025.
  • Tracing APA's Cost of Revenue over 5 years: stood at $428.0 million in 2021, then fell by 24.3% to $324.0 million in 2022, then plummeted by 108.95% to -$29.0 million in 2023, then surged by 186.21% to $25.0 million in 2024, then plummeted by 1136.0% to -$259.0 million in 2025.
  • Business Quant data shows Cost of Revenue for APA at -$259.0 million in Q4 2025, $304.0 million in Q2 2025, and $25.0 million in Q4 2024.