Kinetik Holdings (KNTK) Cost of Revenue (2018 - 2026)
Kinetik Holdings (KNTK) recorded quarterly Cost of Revenue of $188.7 million in Q1 2026, up 196.66% quarter-over-quarter from $63.6 million in Q4 2025, and down 15.51% on a YoY basis from $223.4 million in Q1 2025.
Kinetik Holdings (KNTK) Cost of Revenue (2018 - 2026) Analysis & Trends
Kinetik Holdings' Cost of Revenue history runs 9 years deep, the most recent figure standing at $188.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 15.51% year-over-year to $188.7 million; the TTM figure through Mar 2026 stood at $555.8 million (down 38.45% YoY), while the FY2025 annual figure was $271.4 million, down 56.27% from the prior year.
- Cost of Revenue was $188.7 million for Q1 2026 at Kinetik Holdings, up from $63.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $477.3 million in Q4 2024 to a low of -$280.9 million in Q4 2022.
- Historically, Cost of Revenue has averaged $127.2 million across 5 years, with a median of $145.2 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue sank 460.5% in 2022, then surged 327.23% in 2024.
- A 5-year view of Cost of Revenue shows it 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 tumbled by 86.67% to $63.6 million in 2025, then jumped by 196.66% to $188.7 million in 2026.
- The last three Cost of Revenue figures came in at $188.7 million (Q1 2026), $63.6 million (Q4 2025), and $235.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | Kinetik Holdings | 3.14 Bn | 7.64 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 |