Energy Transfer ET
NYSE ET
$21.50 +0.07 (+0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Energy Transfer (ET) Cost of Revenue (2009 - 2026)

Energy Transfer's (ET) quarterly Cost of Revenue came in at $26.9 billion in Q2 2026, up 93.14% on a YoY basis from $13.9 billion in Q2 2025, and up 27.36% quarter-over-quarter from $21.1 billion in Q1 2026.

Analysis

Energy Transfer (ET) Cost of Revenue (2009 - 2026) Analysis & Trends

Energy Transfer (ET) has reported Cost of Revenue for 18 consecutive years, with $26.9 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 93.14% year-over-year to $26.9 billion; the trailing twelve-month figure through Jun 2026 stood at $82.1 billion (up 38.42% YoY), and the FY2025 full-year result was $63.5 billion, up 2.45% from the prior year.
  • Cost of Revenue climbed to $26.9 billion in Q2 2026 per ET's latest filing, from $21.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $26.9 billion in Q2 2026 and bottomed at $13.9 billion in Q2 2025.
  • Historically, Cost of Revenue has averaged $17.0 billion across 5 years, with a median of $15.9 billion in 2023.
  • The sharpest annual moves came in 2023 and 2026: Cost of Revenue sank 34.5% in 2023, then soared 93.14% in 2026.
  • Over 5 years, Cost of Revenue stood at $16.1 billion in 2022, then fell by 1.76% to $15.8 billion in 2023, then decreased by 10.29% to $14.2 billion in 2024, then soared by 37.15% to $19.4 billion in 2025, then soared by 38.73% to $26.9 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $26.9 billion, $21.1 billion, and $19.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.41 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 26.94 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.06 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 2.30 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 587.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 9.24 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 15.96 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.29 Bn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.94 Bn
Mar 31, 2026 21.15 Bn
Dec 31, 2025 19.42 Bn
Sep 30, 2025 14.56 Bn
Jun 30, 2025 13.95 Bn
Mar 31, 2025 15.57 Bn
Dec 31, 2024 14.16 Bn
Sep 30, 2024 15.61 Bn
Jun 30, 2024 15.61 Bn
Mar 31, 2024 16.60 Bn
Dec 31, 2023 15.78 Bn
Sep 30, 2023 16.06 Bn
Jun 30, 2023 14.09 Bn
Mar 31, 2023 14.61 Bn
Dec 31, 2022 16.06 Bn
Sep 30, 2022 18.52 Bn
Jun 30, 2022 21.52 Bn
Mar 31, 2022 16.14 Bn
Dec 31, 2021 14.75 Bn
Sep 30, 2021 13.19 Bn