Apa APA
NASDAQ APA
$43.39 -1.00 (-2.25%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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