Kinetik Holdings (KNTK) Operating Expenses (2017 - 2026)
Kinetik Holdings' (KNTK) quarterly Operating Expenses came in at $413.8 million in Q1 2026, down 2.4% year-on-year from $424.0 million in Q1 2025, and up 8.32% quarter-over-quarter from $382.0 million in Q4 2025.
Kinetik Holdings (KNTK) Operating Expenses (2017 - 2026) Analysis & Trends
Kinetik Holdings' Operating Expenses history runs 10 years deep, the most recent figure standing at $413.8 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 2.4% year-over-year to $413.8 million in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 12.53% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 22.69% from the prior year.
- Operating Expenses grew to $413.8 million in Q1 2026 per KNTK's latest filing, from $382.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $444.2 million in Q3 2025 and bottomed at $238.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $302.9 million (2024), against an average of $322.2 million.
- Across the five-year window, Operating Expenses jumped 118.29% in 2022 and declined 12.28% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $250.5 million in 2022, then advanced by 16.87% to $292.7 million in 2023, then grew by 23.68% to $362.0 million in 2024, then grew by 5.52% to $382.0 million in 2025, then gained by 8.32% to $413.8 million in 2026.
- Per Business Quant, the three latest KNTK Operating Expenses figures stand at $413.8 million (Q1 2026), $382.0 million (Q4 2025), and $444.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Kinetik Holdings | 3.41 Bn | 3.40 Bn | 339.68 Mn | 413.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 413.81 Mn |
| Dec 31, 2025 | 382.02 Mn |
| Sep 30, 2025 | 444.18 Mn |
| Jun 30, 2025 | 349.28 Mn |
| Mar 31, 2025 | 423.98 Mn |
| Dec 31, 2024 | 362.05 Mn |
| Sep 30, 2024 | 323.49 Mn |
| Jun 30, 2024 | 302.87 Mn |
| Mar 31, 2024 | 315.29 Mn |
| Dec 31, 2023 | 292.73 Mn |
| Sep 30, 2023 | 291.90 Mn |
| Jun 30, 2023 | 258.75 Mn |
| Mar 31, 2023 | 253.78 Mn |
| Dec 31, 2022 | 250.48 Mn |
| Sep 30, 2022 | 279.38 Mn |
| Jun 30, 2022 | 294.96 Mn |
| Mar 31, 2022 | 238.18 Mn |
| Dec 31, 2021 | 206.34 Mn |
| Sep 30, 2021 | 150.55 Mn |
| Jun 30, 2021 | 135.12 Mn |