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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |