Kinetik Holdings (KNTK) Operating Expenses (2017 - 2026)
Kinetik Holdings (KNTK) posted quarterly Operating Expenses of $413.8 million for Q1 2026, down 2.4% year-over-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.
- 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 for Q1 2026 stood at $413.8 million, up from $382.0 million in the prior quarter.
- The five-year high for Operating Expenses was $444.2 million in Q3 2025, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 118.29% in 2022, then decreased 12.28% in 2023.
- Kinetik Holdings' Operating Expenses stood at $250.5 million in 2022, then gained by 16.87% to $292.7 million in 2023, then climbed by 23.68% to $362.0 million in 2024, then climbed by 5.52% to $382.0 million in 2025, then rose by 8.32% to $413.8 million in 2026.
- Business Quant data shows KNTK's Operating Expenses at $413.8 million in Q1 2026, $382.0 million in Q4 2025, and $444.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Kinetik Holdings | 3.98 Bn | 3.95 Bn | 343.85 Mn | 447.46 Mn |
Historic Data
Download 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 |