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-on-year from $85.0 million in Q4 2024, and up 35.38% on a QoQ basis 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.
- Quarterly Cost of Revenue rose 48.62% year-over-year to $126.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $281.3 million (up 47.8% YoY) and the FY2025 annual result came in at $170.0 million, down 6.23% from the prior year.
- Cost of Revenue advanced to $126.3 million in Q4 2025 per BWLP's latest filing, from $93.3 million in the prior quarter.
- Over the last five years, Cost of Revenue for BWLP reached as high as $126.3 million in Q4 2025 and fell as low as $20.5 million in Q2 2024.
- A 3-year average of $51.0 million and a median of $32.0 million in 2025 frame the typical range for Cost of Revenue.
- The largest YoY upside for Cost of Revenue was 90.72% in 2024 against a maximum downside of 8.18% in 2024.
- Year by year, 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.
- According to Business Quant data, Cost of Revenue over the past three periods registered $126.3 million, $93.3 million, and $32.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Bw Lpg | 3.19 Bn | 2.92 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 |