Kinder Morgan (KMI) Cost of Revenue (2012 - 2026)

Kinder Morgan has reported Cost of Revenue for 15 years, with the latest figure at $1.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 18.5% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $5.8 billion (up 23.29% YoY), and the FY2025 full-year result was $5.5 billion, up 27.48% from the prior year.
• Cost of Revenue for Q1 2026 stood at $1.7 billion, up from $1.4 billion in the prior quarter.
• The five-year high for Cost of Revenue was $2.7 billion in Q3 2022, with the low at $967.0 million in Q2 2024.
• Historically, Cost of Revenue has averaged $1.5 billion across 5 years, with a median of $1.4 billion in 2025.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 186.65% — and 2023, when it sank 63.81%.
• Kinder Morgan's Cost of Revenue 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 increased by 20.87% to $1.7 billion in 2026.
• The last three Cost of Revenue figures came in at $1.7 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.