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
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