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| 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 |