Kinder Morgan, Inc. (KMI) Cost of Revenue (2012 - 2026)

Kinder Morgan's Cost of Revenue history runs 15 years deep, the most recent figure standing at $1.7 billion for Q1 2026.

• Quarterly Cost of Revenue rose 18.5% year-over-year to $1.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.8 billion (up 23.29% YoY) and the FY2025 annual result came in at $5.5 billion, up 27.48% from the prior year.
• Cost of Revenue was $1.7 billion for Q1 2026 at Kinder Morgan, up from $1.4 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.7 billion in Q3 2022 and bottomed at $967.0 million in Q2 2024.
• A 5-year average of $1.5 billion and a median of $1.4 billion in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 186.65% — and 2023, when it plunged 63.81%.
• Kinder Morgan's Cost of Revenue stood at $2.0 billion in 2022, then tumbled by 31.31% to $1.3 billion in 2023, then dropped by 8.02% to $1.2 billion in 2024, then climbed by 16.79% to $1.4 billion in 2025, then gained by 20.87% to $1.7 billion in 2026.
• Business Quant data shows KMI's Cost of Revenue at $1.7 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.4 billion in Q3 2025.