Martin Midstream Partners (MMLP) Cost of Revenue (2010 - 2026)
Martin Midstream Partners' (MMLP) quarterly Cost of Revenue came in at $107.6 million in Q2 2026, up 37.05% on a YoY basis from $78.5 million in Q2 2025, and up 20.21% quarter-over-quarter from $89.5 million in Q1 2026.
Analysis
Martin Midstream Partners (MMLP) Cost of Revenue (2010 - 2026) Analysis & Trends
Martin Midstream Partners (MMLP) has reported Cost of Revenue for 17 consecutive years, with $107.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 37.05% year-over-year to $107.6 million; the trailing twelve-month figure through Jun 2026 stood at $347.6 million (up 11.9% YoY), and the FY2025 full-year result was $318.6 million, up 7.27% from the prior year.
- Cost of Revenue grew to $107.6 million in Q2 2026 per MMLP's latest filing, from $89.5 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.
- Historically, Cost of Revenue has averaged $101.4 million across 5 years, with a median of $84.0 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 49.4% in 2022, then sank 50.2% in 2023.
- Over 5 years, 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 soared by 43.84% to $107.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $107.6 million, $89.5 million, and $74.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 26.94 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.06 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.30 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 15.96 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.29 Bn |
| 10 | Martin Midstream Partners | 93.51 Mn | 93.51 Mn | 106.01 Mn | 107.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 107.59 Mn |
| Mar 31, 2026 | 89.50 Mn |
| Dec 31, 2025 | 74.80 Mn |
| Sep 30, 2025 | 75.74 Mn |
| Jun 30, 2025 | 78.50 Mn |
| Mar 31, 2025 | 89.58 Mn |
| Dec 31, 2024 | 71.60 Mn |
| Sep 30, 2024 | 70.98 Mn |
| Jun 30, 2024 | 76.81 Mn |
| Mar 31, 2024 | 77.65 Mn |
| Dec 31, 2023 | 76.83 Mn |
| Sep 30, 2023 | 75.78 Mn |
| Jun 30, 2023 | 97.25 Mn |
| Mar 31, 2023 | 139.82 Mn |
| Dec 31, 2022 | 142.61 Mn |
| Sep 30, 2022 | 152.19 Mn |
| Jun 30, 2022 | 156.93 Mn |
| Mar 31, 2022 | 171.58 Mn |
| Dec 31, 2021 | 182.68 Mn |
| Sep 30, 2021 | 129.57 Mn |