Kinetik Holdings (KNTK) Gross Margin (2018 - 2026)
Kinetik Holdings (KNTK) posted Gross Margin of 59.14% for Q2 2026, up 9.58% on a QoQ basis from 53.97% in Q1 2026, and down 414.0% year-over-year from 18.83% in Q2 2025.
Analysis
Kinetik Holdings (KNTK) Gross Margin (2018 - 2026) Analysis & Trends
Kinetik Holdings has reported Gross Margin for 9 years, with the latest figure at 59.14% in Q2 2026.
- On a quarterly basis, Gross Margin fell 414.0% year-over-year to 59.14% in Q2 2026; TTM through Jun 2026 was 55.87%, a 173.0% decrease from a year earlier, with the FY2025 full-year figure at 55.45%, down 269.0% from the prior year.
- Gross Margin was 59.14% for Q2 2026 at Kinetik Holdings, up from 53.97% in the prior quarter.
- The five-year high for Gross Margin was 63.52% in Q3 2024, with the low at 4.7% in Q4 2022.
- Average Gross Margin over 5 years is 53.99%, with a median of 55.31% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 5153 bps in 2022, then surged 5471 bps in 2023.
- Over 5 years, Gross Margin stood at 4.7% in 2022, then jumped by 1165 bps to 59.41% in 2023, then dropped by 8 bps to 54.41% in 2024, then rose by 11 bps to 60.39% in 2025, then retreated by 2 bps to 59.14% in 2026.
- The last three Gross Margin figures came in at 59.14% (Q2 2026), 53.97% (Q1 2026), and 60.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 21.55% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 62.88% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 48.15% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.30% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 24.69% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 43.36% |
| 10 | Kinetik Holdings | 8.84 Bn | 12.92 Bn | 343.85 Mn | 59.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.14% |
| Mar 31, 2026 | 53.97% |
| Dec 31, 2025 | 60.39% |
| Sep 30, 2025 | 49.27% |
| Jun 30, 2025 | 63.28% |
| Mar 31, 2025 | 49.61% |
| Dec 31, 2024 | 54.41% |
| Sep 30, 2024 | 63.52% |
| Jun 30, 2024 | 59.24% |
| Mar 31, 2024 | 54.98% |
| Dec 31, 2023 | 59.41% |
| Sep 30, 2023 | 55.27% |
| Jun 30, 2023 | 62.71% |
| Mar 31, 2023 | 58.77% |
| Dec 31, 2022 | 4.70% |
| Sep 30, 2022 | 55.34% |
| Jun 30, 2022 | 54.49% |
| Mar 31, 2022 | 53.25% |
| Dec 31, 2021 | 56.23% |
| Sep 30, 2021 | 63.68% |