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

Apa (APA) reported Cost of Revenue of $75.0 million for Q1 2026, down 84.18% on a YoY basis from $474.0 million in Q1 2025, and down 92.87% sequentially from $1.1 billion in Q4 2025.

Apa (APA) Cost of Revenue (2020 - 2026) Analysis & Trends

Apa (APA) has 7 years of Cost of Revenue data on file, last reported at $75.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 84.18% year-over-year to $75.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 231.11% YoY), and the FY2025 full-year result was $1.1 billion, changed N/A from the prior year.
  • Cost of Revenue fell to $75.0 million in Q1 2026, from $1.1 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.8 billion in Q4 2022 to a low of -$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.
  • Across the five-year window, Cost of Revenue soared 523.16% in 2022 and tumbled 726.92% in 2024, its largest moves.
  • Tracing APA's Cost of Revenue over 5 years: stood at $1.8 billion in 2022, then plunged 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 tumbled by 92.87% to $75.0 million in 2026.
  • Business Quant data shows APA's Cost of Revenue at $75.0 million in Q1 2026, $1.1 billion in Q4 2025, and $6.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 6.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 24.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 326.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 356.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 385.02 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 894.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 185.00 Mn
10 Apa 12.27 Bn 11.98 Bn 2.14 Bn 75.00 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2023 37.00 Mn
Sep 30, 2023 37.00 Mn