Apa (APA) Cost of Revenue (2020 - 2026)
Apa's (APA) quarterly Cost of Revenue came in at $122.0 million in Q2 2026, down 59.87% year-over-year from $304.0 million in Q2 2025, and up 34.07% quarter-over-quarter from $91.0 million in Q1 2026.
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Apa (APA) Cost of Revenue (2020 - 2026) Analysis & Trends
Apa has disclosed Cost of Revenue across 7 years of filings, most recently posting $122.0 million for Q2 2026.
- In Q2 2026, Cost of Revenue fell 59.87% year-over-year to $122.0 million; the TTM figure through Jun 2026 stood at $505.0 million (down 65.22% YoY), while the FY2025 annual figure was $1.1 billion, up 2.2% from the prior year.
- Cost of Revenue came in at $122.0 million for Q2 2026 at Apa, up from $91.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $573.0 million in Q3 2022 to a low of $91.0 million in Q1 2026.
- Average Cost of Revenue over 5 years is $269.3 million, with a median of $213.5 million recorded in 2023.
- Year-over-year, Cost of Revenue surged 190.8% in 2025 and slumped 80.8% in 2026.
- Over 5 years, Cost of Revenue stood at $324.0 million in 2022, then plunged by 43.21% to $184.0 million in 2023, then surged by 107.61% to $382.0 million in 2024, then tumbled by 71.73% to $108.0 million in 2025, then increased by 12.96% to $122.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $122.0 million in Q2 2026, $91.0 million in Q1 2026, and $108.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 158.35 Bn | 150.66 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 103.29 Bn | 101.40 Bn | 8.84 Bn | 1.81 Bn |
| 3 | Eog Resources | 75.64 Bn | 70.73 Bn | - | - |
| 4 | Diamondback Energy | 53.99 Bn | 59.61 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Devon Energy | 53.46 Bn | 52.45 Bn | 6.02 Bn | 1.39 Bn |
| 6 | Expand Energy | 20.25 Bn | 18.99 Bn | 2.33 Bn | 634.00 Mn |
| 7 | Permian Resources | 19.06 Bn | 18.80 Bn | - | - |
| 8 | Ovintiv | 17.25 Bn | 16.37 Bn | 2.83 Bn | 183.00 Mn |
| 9 | Apa | 15.72 Bn | 16.20 Bn | 2.28 Bn | 122.00 Mn |
| 10 | Antero Resources | 10.76 Bn | 10.19 Bn | 1.56 Bn | 26,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 122.00 Mn |
| Mar 31, 2026 | 91.00 Mn |
| Dec 31, 2025 | 108.00 Mn |
| Sep 30, 2025 | 184.00 Mn |
| Jun 30, 2025 | 304.00 Mn |
| Mar 31, 2025 | 474.00 Mn |
| Dec 31, 2024 | 382.00 Mn |
| Sep 30, 2024 | 292.00 Mn |
| Jun 30, 2024 | 210.00 Mn |
| Mar 31, 2024 | 163.00 Mn |
| Dec 31, 2023 | 184.00 Mn |
| Sep 30, 2023 | 211.00 Mn |
| Jun 30, 2023 | 131.00 Mn |
| Mar 31, 2023 | 216.00 Mn |
| Dec 31, 2022 | 324.00 Mn |
| Sep 30, 2022 | 573.00 Mn |
| Jun 30, 2022 | 528.00 Mn |
| Mar 31, 2022 | 351.00 Mn |
| Dec 31, 2021 | 428.00 Mn |
| Sep 30, 2021 | 396.00 Mn |
API Access
Apa Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "APA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();