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

Kinder Morgan (KMI) has reported Cost of Revenue for 15 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $1.7 billion, up 18.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.8 billion (up 23.29% YoY), and the FY2025 annual result was $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.
• Over five years, Cost of Revenue peaked at $2.7 billion in Q3 2022 and troughed 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 jumped 186.65% — and 2023, when it plunged 63.81%.
• Year by year, Cost of Revenue stood at $2.0 billion in 2022, then sank 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.
• Per Business Quant, the three latest KMI Cost of Revenue figures stand at $1.7 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025).