Genesis Energy (GEL) Cost of Revenue (2017 - 2026)
Genesis Energy's Cost of Revenue was $198.72 million in Q2 2026, up 114.9% from $92.48 million a year earlier and up 41.8% from the prior quarter.
Genesis Energy (GEL) Cost of Revenue (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Genesis Energy's Cost of Revenue was $570.6 million through Jun 30, 2026, up 14.0% year-over-year; for FY2025, it was $451.96 million, down 24.7% from FY2024.
- Cost of Revenue has now declined for three consecutive years, with a five-year compound annual growth rate of -14.2% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $599.93 million in FY2024 (-5.8%), $637.18 million in FY2023 (-31.2%), $926.74 million in FY2022 (+16.4%) and $795.96 million in FY2021 (-18.1%).
- The Q2 2026 figure marks the highest quarterly Cost of Revenue since Q3 2023.
- Compared with a year earlier, Cost of Revenue was higher in two of the last seven quarters, with an average decline of 4.6%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2022 (growth of 429.4%); the worst was Q4 2021 (a decline of 82.6%).
- Per Business Quant data, GEL's Cost of Revenue in the three quarters before Q2 2026 was $140.09 million (Q1 2026), $116.96 million (Q4 2025) and $114.84 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.41 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 405.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Genesis Energy | 1.72 Bn | 1.66 Bn | 333.28 Mn | 198.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 198.72 Mn |
| Mar 31, 2026 | 140.09 Mn |
| Dec 31, 2025 | 116.96 Mn |
| Sep 30, 2025 | 114.84 Mn |
| Jun 30, 2025 | 92.48 Mn |
| Mar 31, 2025 | 127.69 Mn |
| Dec 31, 2024 | 142.94 Mn |
| Sep 30, 2024 | 137.44 Mn |
| Jun 30, 2024 | 159.16 Mn |
| Mar 31, 2024 | 160.39 Mn |
| Dec 31, 2023 | -486.67 Mn |
| Sep 30, 2023 | 344.96 Mn |
| Jun 30, 2023 | 372.67 Mn |
| Mar 31, 2023 | 406.22 Mn |
| Dec 31, 2022 | 226.90 Mn |
| Sep 30, 2022 | 235.31 Mn |
| Jun 30, 2022 | 250.91 Mn |
| Mar 31, 2022 | 280.37 Mn |
| Dec 31, 2021 | 42.86 Mn |
| Sep 30, 2021 | 257.52 Mn |
Genesis Energy 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=GEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GEL", "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=GEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();