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

Kinetik Holdings (KNTK) recorded quarterly Operating Expenses of $413.8 million in Q1 2026, up 8.32% quarter-over-quarter from $382.0 million in Q4 2025, and down 2.4% on a YoY basis from $424.0 million in Q1 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.

  • In Q1 2026, Operating Expenses fell 2.4% year-over-year to $413.8 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 12.53% YoY), while the FY2025 annual figure was $1.6 billion, up 22.69% from the prior year.
  • Operating Expenses was $413.8 million for Q1 2026 at Kinetik Holdings, up from $382.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $444.2 million in Q3 2025 to a low of $238.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $322.2 million across 5 years, with a median of $302.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 118.29% in 2022, then slipped 12.28% in 2023.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $413.8 million (Q1 2026), $382.0 million (Q4 2025), and $444.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 Kinetik Holdings 3.00 Bn 7.51 Bn 221.25 Mn 413.81 Mn

Historic Data

Download Data
DateValue
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