Mplx (MPLXP) Cost of Revenue (2011 - 2026)
Mplx (MPLXP) 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 (MPLXP) Cost of Revenue (2011 - 2026) Analysis & Trends
Mplx (MPLXP) 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 MPLXP'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 MPLXP'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 | Mplx | - | - | 2.54 Bn | 498.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |