Bw Lpg (BWLP) Cost of Revenue (2023 - 2025)
Bw Lpg (BWLP) posted quarterly Cost of Revenue of $126.3 million for Q4 2025, up 48.62% year-over-year from $85.0 million in Q4 2024, and up 35.38% quarter-over-quarter from $93.3 million in Q3 2025.
Bw Lpg (BWLP) Cost of Revenue (2023 - 2025) Analysis & Trends
Bw Lpg (BWLP) has reported Cost of Revenue for 3 consecutive years, with $126.3 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue rose 48.62% year-over-year to $126.3 million; the TTM figure through Dec 2025 stood at $281.3 million (up 47.8% YoY), while the FY2025 annual figure was $170.0 million, down 6.23% from the prior year.
- Cost of Revenue improved to $126.3 million in Q4 2025 per BWLP's latest filing, from $93.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $126.3 million in Q4 2025 and bottomed at $20.5 million in Q2 2024.
- Historically, Cost of Revenue has averaged $51.0 million across 3 years, with a median of $32.0 million in 2025.
- On a YoY basis, Cost of Revenue climbed as much as 90.72% in 2024 and fell as far as 8.18% in 2024.
- Bw Lpg's Cost of Revenue stood at $44.6 million in 2023, then jumped by 90.72% to $85.0 million in 2024, then jumped by 48.62% to $126.3 million in 2025.
- Business Quant data shows BWLP's Cost of Revenue at $126.3 million in Q4 2025, $93.3 million in Q3 2025, and $32.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 9.24 Bn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 587.00 Mn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Bw Lpg | 3.50 Bn | 3.23 Bn | -345.66 Mn | 126.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 126.30 Mn |
| Dec 31, 2025 | 126.30 Mn |
| Sep 30, 2025 | 93.29 Mn |
| Sep 30, 2025 | 93.29 Mn |
| Jun 30, 2025 | 32.03 Mn |
| Jun 30, 2025 | 32.03 Mn |
| Mar 31, 2025 | 29.69 Mn |
| Mar 31, 2025 | 29.69 Mn |
| Dec 31, 2024 | 84.98 Mn |
| Dec 31, 2024 | 84.98 Mn |
| Sep 30, 2024 | 62.87 Mn |
| Sep 30, 2024 | 62.87 Mn |
| Jun 30, 2024 | 20.50 Mn |
| Jun 30, 2024 | 20.50 Mn |
| Mar 31, 2024 | 21.97 Mn |
| Mar 31, 2024 | 21.97 Mn |
| Dec 31, 2023 | 44.56 Mn |
| Dec 31, 2023 | 44.56 Mn |
| Jun 30, 2023 | 22.33 Mn |
| Jun 30, 2023 | 22.33 Mn |