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| 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 |