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

Kinetik Holdings (KNTK) posted Operating Expenses of $413.8 million for Q1 2026, up 8.32% on a QoQ basis from $382.0 million in Q4 2025, and down 2.4% year-on-year from $424.0 million in Q1 2025.

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

Kinetik Holdings has disclosed Operating Expenses across 10 years of filings, most recently posting $413.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $413.8 million, down 2.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 12.53% YoY), and the FY2025 annual result was $1.6 billion, up 22.69% from the prior year.
  • Operating Expenses came in at $413.8 million for Q1 2026 at Kinetik Holdings, up from $382.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for KNTK reached as high as $444.2 million in Q3 2025 and fell as low as $238.2 million in Q1 2022.
  • Median Operating Expenses over the past 5 years was $302.9 million (2024), compared with a mean of $322.2 million.
  • Year-over-year, Operating Expenses soared 118.29% in 2022 and dropped 12.28% in 2023.
  • Over 5 years, 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 Kinetik Holdings 3.19 Bn 7.69 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