Mplx (MPLX) Cost of Revenue (2011 - 2026)

Mplx (MPLX) reported Cost of Revenue of $498.0 million for Q1 2026, up 28.02% year-over-year from $389.0 million in Q1 2025, and up 181.36% quarter-over-quarter from $177.0 million in Q4 2025.

Mplx (MPLX) Cost of Revenue (2011 - 2026) Analysis & Trends

Mplx (MPLX) has 16 years of Cost of Revenue data on file, last reported at $498.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $498.0 million, up 28.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 2.6% YoY), and the FY2025 annual result was $1.6 billion, changed 0.06% from the prior year.
  • Cost of Revenue climbed to $498.0 million in Q1 2026 per MPLX's latest filing, from $177.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $498.0 million in Q1 2026 and troughed at -$301.0 million in Q4 2022.
  • A 5-year average of $338.7 million and a median of $371.0 million in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue sank 302.01% in 2022, then surged 220.93% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at -$301.0 million in 2022, then surged by 220.93% to $364.0 million in 2023, then advanced by 10.16% to $401.0 million in 2024, then tumbled by 55.86% to $177.0 million in 2025, then surged by 181.36% to $498.0 million in 2026.
  • Business Quant data shows MPLX's Cost of Revenue at $498.0 million in Q1 2026, $177.0 million in Q4 2025, and $493.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Enbridge 89.89 Bn 90.59 Bn 6.70 Bn 9.60 Bn
2 Enterprise Products Partners 82.10 Bn 80.95 Bn - -
3 Kinder Morgan 70.96 Bn 72.04 Bn 3.08 Bn 1.75 Bn
4 Energy Transfer 65.68 Bn 64.96 Bn 6.62 Bn 21.15 Bn
5 Scorpio Tankers 59.56 Bn 58.58 Bn - 68.80 Mn
6 Targa Resources 58.53 Bn 58.56 Bn 1.70 Bn 2.39 Bn
7 Oneok 57.23 Bn 57.10 Bn 2.57 Bn 7.05 Bn
8 Mplx 57.20 Bn 55.69 Bn 2.54 Bn 498.00 Mn
9 Tc Energy 51.34 Bn 52.53 Bn 2.95 Bn 39.44 Mn
10 Cheniere Energy 50.96 Bn 53.16 Bn 5.86 Bn 4.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 498.00 Mn
Mar 31, 2026 498.00 Mn
Dec 31, 2025 177.00 Mn
Dec 31, 2025 177.00 Mn
Sep 30, 2025 493.00 Mn
Sep 30, 2025 493.00 Mn
Jun 30, 2025 369.00 Mn
Jun 30, 2025 369.00 Mn
Mar 31, 2025 389.00 Mn
Mar 31, 2025 389.00 Mn
Dec 31, 2024 401.00 Mn
Dec 31, 2024 401.00 Mn
Sep 30, 2024 404.00 Mn
Sep 30, 2024 404.00 Mn
Jun 30, 2024 384.00 Mn
Jun 30, 2024 384.00 Mn
Mar 31, 2024 371.00 Mn
Mar 31, 2024 371.00 Mn
Dec 31, 2023 364.00 Mn
Dec 31, 2023 364.00 Mn