Kinetik Holdings KNTK
NYSE KNTK
$54.47 +0.16 (+0.29%)
At close: Sep 4, 2026 · 4:00 PM EDT

Kinetik Holdings (KNTK) Operating Expenses (2017 - 2026)

Kinetik Holdings (KNTK) posted Operating Expenses of $447.5 million for Q2 2026, up 8.13% on a QoQ basis from $413.8 million in Q1 2026, and up 28.11% year-over-year from $349.3 million in Q2 2025.

Analysis

Kinetik Holdings (KNTK) Operating Expenses (2017 - 2026) Analysis & Trends

Kinetik Holdings has reported Operating Expenses for 10 years, with the latest figure at $447.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 28.11% year-over-year to $447.5 million in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 15.68% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 22.69% from the prior year.
  • Operating Expenses was $447.5 million for Q2 2026 at Kinetik Holdings, up from $413.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $447.5 million in Q2 2026, with the low at $238.2 million in Q1 2022.
  • Average Operating Expenses over 5 years is $329.1 million, with a median of $309.1 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 118.29% in 2022, then dropped 12.28% in 2023.
  • Over 5 years, Operating Expenses stood at $250.5 million in 2022, then climbed by 16.87% to $292.7 million in 2023, then increased by 23.68% to $362.0 million in 2024, then increased by 5.52% to $382.0 million in 2025, then rose by 17.13% to $447.5 million in 2026.
  • The last three Operating Expenses figures came in at $447.5 million (Q2 2026), $413.8 million (Q1 2026), and $382.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 3.13 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 16.13 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 30.76 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 354.10 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.93 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 4.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 19.09 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 132.00 Mn
10 Kinetik Holdings 8.84 Bn 12.92 Bn 343.85 Mn 447.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 447.46 Mn
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