Kinder Morgan, Inc. (KMI) Cost of Revenue (2012 - 2026)
Kinder Morgan's (KMI) quarterly Cost of Revenue came in at $1.4 billion in Q2 2026, up 16.02% YoY from $1.2 billion in Q2 2025, and down 19.67% on a QoQ basis from $1.7 billion in Q1 2026.
Analysis
Kinder Morgan, Inc. (KMI) Cost of Revenue (2012 - 2026) Analysis & Trends
Kinder Morgan (KMI) has 15 years of Cost of Revenue data on file, last reported at $1.4 billion in Q2 2026.
- Quarterly Cost of Revenue rose 16.02% year-over-year to $1.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.0 billion (up 21.13% YoY) and the FY2025 annual result came in at $5.5 billion, up 27.48% from the prior year.
- Cost of Revenue retreated to $1.4 billion in Q2 2026, from $1.7 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.7 billion in Q3 2022 to a low of $967.0 million in Q2 2024.
- A 5-year average of $1.5 billion and a median of $1.4 billion in 2023 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 sank 63.81%.
- Tracing KMI's Cost of Revenue over 5 years: stood at $2.0 billion in 2022, then sank by 31.31% to $1.3 billion in 2023, then decreased by 8.02% to $1.2 billion in 2024, then gained by 16.79% to $1.4 billion in 2025, then dropped by 2.9% to $1.4 billion in 2026.
- The last three Cost of Revenue figures came in at $1.4 billion (Q2 2026), $1.7 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.45 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 1.21 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.24 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 967.00 Mn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.41 Bn |
| Jun 30, 2023 | 971.00 Mn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.72 Bn |
| Jun 30, 2022 | 2.68 Bn |
| Mar 31, 2022 | 1.89 Bn |
| Dec 31, 2021 | 1.99 Bn |
| Sep 30, 2021 | 1.56 Bn |