Kinetik Holdings (KNTK) Cost of Revenue (2018 - 2026)
Kinetik Holdings (KNTK) posted Cost of Revenue of $188.7 million for Q1 2026, up 196.66% on a QoQ basis from $63.6 million in Q4 2025, and down 15.51% year-on-year from $223.4 million in Q1 2025.
Kinetik Holdings (KNTK) Cost of Revenue (2018 - 2026) Analysis & Trends
Kinetik Holdings has disclosed Cost of Revenue across 9 years of filings, most recently posting $188.7 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $188.7 million, down 15.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $555.8 million (down 38.45% YoY), and the FY2025 annual result was $271.4 million, down 56.27% from the prior year.
- Cost of Revenue came in at $188.7 million for Q1 2026 at Kinetik Holdings, up from $63.6 million in the prior quarter.
- Over the last five years, Cost of Revenue for KNTK reached as high as $477.3 million in Q4 2024 and fell as low as -$280.9 million in Q4 2022.
- Median Cost of Revenue over the past 5 years was $145.2 million (2022), compared with a mean of $127.2 million.
- Year-over-year, Cost of Revenue plunged 460.5% in 2022 and soared 327.23% in 2024.
- Over 5 years, Cost of Revenue stood at -$280.9 million in 2022, then soared by 241.3% to $396.9 million in 2023, then increased by 20.26% to $477.3 million in 2024, then sank by 86.67% to $63.6 million in 2025, then jumped by 196.66% to $188.7 million in 2026.
- Per Business Quant, the three latest KNTK Cost of Revenue figures stand at $188.7 million (Q1 2026), $63.6 million (Q4 2025), and $235.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.75 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 2.39 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 498.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 2.76 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 270.00 Mn |
| 10 | Kinetik Holdings | 3.19 Bn | 7.69 Bn | 221.25 Mn | 188.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 188.72 Mn |
| Mar 31, 2026 | 188.72 Mn |
| Dec 31, 2025 | 63.62 Mn |
| Dec 31, 2025 | 63.62 Mn |
| Sep 30, 2025 | 235.39 Mn |
| Sep 30, 2025 | 235.39 Mn |
| Jun 30, 2025 | 68.05 Mn |
| Jun 30, 2025 | 68.05 Mn |
| Mar 31, 2025 | 223.36 Mn |
| Mar 31, 2025 | 223.36 Mn |
| Dec 31, 2024 | 477.34 Mn |
| Dec 31, 2024 | 477.34 Mn |
| Sep 30, 2024 | 55.80 Mn |
| Sep 30, 2024 | 55.80 Mn |
| Jun 30, 2024 | 146.51 Mn |
| Jun 30, 2024 | 146.51 Mn |
| Mar 31, 2024 | 153.69 Mn |
| Mar 31, 2024 | 153.69 Mn |
| Dec 31, 2023 | 396.92 Mn |
| Dec 31, 2023 | 396.92 Mn |