Martin Midstream Partners MMLP
NASDAQ MMLP
$2.39 +0.09 (+3.91%)
At close: Sep 4, 2026 · 4:00 PM EDT

Martin Midstream Partners (MMLP) Operating Expenses (2010 - 2026)

Martin Midstream Partners' (MMLP) quarterly Operating Expenses came in at $199.0 million in Q2 2026, up 19.58% on a YoY basis from $166.4 million in Q2 2025, and up 10.56% quarter-over-quarter from $180.0 million in Q1 2026.

Analysis

Martin Midstream Partners (MMLP) Operating Expenses (2010 - 2026) Analysis & Trends

Martin Midstream Partners (MMLP) has reported Operating Expenses for 17 consecutive years, with $199.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 19.58% year-over-year to $199.0 million; the trailing twelve-month figure through Jun 2026 stood at $703.2 million (up 5.23% YoY), and the FY2025 full-year result was $669.3 million, up 2.66% from the prior year.
  • Operating Expenses climbed to $199.0 million in Q2 2026 per MMLP's latest filing, from $180.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $253.8 million in Q1 2022 and bottomed at $158.4 million in Q3 2024.
  • Historically, Operating Expenses has averaged $189.2 million across 5 years, with a median of $172.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 39.04% in 2022, then slumped 32.82% in 2023.
  • Over 5 years, Operating Expenses stood at $231.4 million in 2022, then decreased by 29.05% to $164.2 million in 2023, then grew by 0.35% to $164.8 million in 2024, then dropped by 1.67% to $162.0 million in 2025, then advanced by 22.83% to $199.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $199.0 million, $180.0 million, and $162.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 Martin Midstream Partners 93.51 Mn 93.51 Mn 106.01 Mn 199.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 199.00 Mn
Mar 31, 2026 179.99 Mn
Dec 31, 2025 162.01 Mn
Sep 30, 2025 162.22 Mn
Jun 30, 2025 166.41 Mn
Mar 31, 2025 178.62 Mn
Dec 31, 2024 164.77 Mn
Sep 30, 2024 158.44 Mn
Jun 30, 2024 165.56 Mn
Mar 31, 2024 163.14 Mn
Dec 31, 2023 164.19 Mn
Sep 30, 2023 162.80 Mn
Jun 30, 2023 178.98 Mn
Mar 31, 2023 226.64 Mn
Dec 31, 2022 231.43 Mn
Sep 30, 2022 242.34 Mn
Jun 30, 2022 245.75 Mn
Mar 31, 2022 253.77 Mn
Dec 31, 2021 260.18 Mn
Sep 30, 2021 203.35 Mn