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
DateValue
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