Martin Midstream Partners (MMLP) Cost of Revenue (2010 - 2026)
Martin Midstream Partners (MMLP) posted Cost of Revenue of $89.5 million for Q1 2026, up 19.65% on a QoQ basis from $74.8 million in Q4 2025, and little changed year-over-year from $89.6 million in Q1 2025.
Martin Midstream Partners (MMLP) Cost of Revenue (2010 - 2026) Analysis & Trends
Martin Midstream Partners' Cost of Revenue history runs 17 years deep, the most recent figure standing at $89.5 million for Q1 2026.
- Quarterly Cost of Revenue changed 0.09% year-over-year to $89.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $318.5 million (up 3.1% YoY) and the FY2025 annual result came in at $318.6 million, up 7.27% from the prior year.
- Cost of Revenue was $89.5 million for Q1 2026 at Martin Midstream Partners, up from $74.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $171.6 million in Q1 2022 and bottomed at $71.0 million in Q3 2024.
- A 5-year average of $101.1 million and a median of $78.5 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 49.4% — and 2023, when it tumbled 50.2%.
- Martin Midstream Partners' Cost of Revenue stood at $142.6 million in 2022, then plunged by 46.13% to $76.8 million in 2023, then slipped by 6.81% to $71.6 million in 2024, then grew by 4.47% to $74.8 million in 2025, then advanced by 19.65% to $89.5 million in 2026.
- Business Quant data shows MMLP's Cost of Revenue at $89.5 million in Q1 2026, $74.8 million in Q4 2025, and $75.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Martin Midstream Partners | 95.31 Mn | 95.31 Mn | 98.18 Mn | 89.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.50 Mn |
| Mar 31, 2026 | 89.50 Mn |
| Dec 31, 2025 | 74.80 Mn |
| Dec 31, 2025 | 74.80 Mn |
| Sep 30, 2025 | 75.74 Mn |
| Sep 30, 2025 | 75.74 Mn |
| Jun 30, 2025 | 78.50 Mn |
| Jun 30, 2025 | 78.50 Mn |
| Mar 31, 2025 | 89.58 Mn |
| Mar 31, 2025 | 89.58 Mn |
| Dec 31, 2024 | 71.60 Mn |
| Dec 31, 2024 | 71.60 Mn |
| Sep 30, 2024 | 70.98 Mn |
| Sep 30, 2024 | 70.98 Mn |
| Jun 30, 2024 | 76.81 Mn |
| Jun 30, 2024 | 76.81 Mn |
| Mar 31, 2024 | 77.65 Mn |
| Mar 31, 2024 | 77.65 Mn |
| Dec 31, 2023 | 76.83 Mn |
| Dec 31, 2023 | 76.83 Mn |