HighPeak Energy (HPK) Cost of Revenue (2019 - 2026)

HighPeak Energy (HPK) recorded quarterly Cost of Revenue of $11.9 million in Q1 2026, up 3652.24% quarter-over-quarter from -$335000.0 in Q4 2025, and down 21.46% on a YoY basis from $15.2 million in Q1 2025.

HighPeak Energy (HPK) Cost of Revenue (2019 - 2026) Analysis & Trends

HighPeak Energy's Cost of Revenue history runs 8 years deep, the most recent figure standing at $11.9 million for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 21.46% year-over-year to $11.9 million; the TTM figure through Mar 2026 stood at $31.6 million (down 46.67% YoY), while the FY2025 annual figure was $37.2 million, down 37.62% from the prior year.
  • Cost of Revenue was $11.9 million for Q1 2026 at HighPeak Energy, up from -$335000.0 in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $18.8 million in Q3 2023 to a low of -$335000.0 in Q4 2025.
  • Historically, Cost of Revenue has averaged $11.9 million across 5 years, with a median of $12.6 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 490.35% in 2022, then sank 102.53% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $12.6 million in 2022, then advanced by 11.66% to $14.1 million in 2023, then retreated by 5.75% to $13.3 million in 2024, then tumbled by 102.53% to -$335000.0 in 2025, then soared by 3652.24% to $11.9 million in 2026.
  • The last three Cost of Revenue figures came in at $11.9 million (Q1 2026), -$335000.0 (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - 326.00 Mn
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 1.16 Bn
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 6.28 Bn
4 Eog Resources 72.59 Bn 68.74 Bn - -
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 356.00 Mn
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 24.00 Mn
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn 66.16 Mn
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 400.34 Mn
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn 4.23 Mn
10 HighPeak Energy 987.09 Mn 883.45 Mn 203.99 Mn 11.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.90 Mn
Mar 31, 2026 11.90 Mn
Dec 31, 2025 -335,000.00
Dec 31, 2025 -335,000.00
Sep 30, 2025 10.02 Mn
Sep 30, 2025 10.02 Mn
Jun 30, 2025 10.02 Mn
Jun 30, 2025 10.02 Mn
Mar 31, 2025 15.15 Mn
Mar 31, 2025 15.15 Mn
Dec 31, 2024 13.27 Mn
Dec 31, 2024 13.27 Mn
Sep 30, 2024 15.41 Mn
Sep 30, 2024 15.41 Mn
Jun 30, 2024 15.41 Mn
Jun 30, 2024 15.41 Mn
Mar 31, 2024 14.40 Mn
Mar 31, 2024 14.40 Mn
Dec 31, 2023 14.08 Mn
Dec 31, 2023 14.08 Mn