Matador Resources (MTDR) Cost of Revenue (2011 - 2026)
Matador Resources' (MTDR) quarterly Cost of Revenue came in at $14.8 million in Q1 2026, down 26.02% year-on-year from $20.1 million in Q1 2025, and up 107.69% on a QoQ basis from -$192.9 million in Q4 2025.
Matador Resources (MTDR) Cost of Revenue (2011 - 2026) Analysis & Trends
Matador Resources (MTDR) has 16 years of Cost of Revenue data on file, last reported at $14.8 million in Q1 2026.
- On a quarterly basis, Cost of Revenue fell 26.02% year-over-year to $14.8 million in Q1 2026; TTM through Mar 2026 was -$12.2 million, a 243.7% decrease from a year earlier, with the FY2025 full-year figure at $66.8 million, up 13.98% from the prior year.
- Cost of Revenue for Q1 2026 stood at $14.8 million, up from -$192.9 million in the prior quarter.
- Over the last five years, Cost of Revenue for MTDR reached as high as $85.7 million in Q2 2022 and fell as low as -$192.9 million in Q4 2025.
- Historically, Cost of Revenue has averaged $24.0 million across 5 years, with a median of $62.8 million in 2022.
- Across the five-year window, Cost of Revenue surged 195.87% in 2022 and plunged 305.99% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $62.8 million in 2022, then plunged by 305.99% to -$129.3 million in 2023, then declined by 24.64% to -$161.1 million in 2024, then dropped by 19.74% to -$192.9 million in 2025, then jumped by 107.69% to $14.8 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $14.8 million in Q1 2026, -$192.9 million in Q4 2025, and $83.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | Matador Resources | 5.83 Bn | 5.71 Bn | 926.76 Mn | 14.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.84 Mn |
| Mar 31, 2026 | 14.84 Mn |
| Dec 31, 2025 | -192.92 Mn |
| Dec 31, 2025 | -192.92 Mn |
| Sep 30, 2025 | 83.08 Mn |
| Sep 30, 2025 | 83.08 Mn |
| Jun 30, 2025 | 82.78 Mn |
| Jun 30, 2025 | 82.78 Mn |
| Mar 31, 2025 | 20.06 Mn |
| Mar 31, 2025 | 20.06 Mn |
| Dec 31, 2024 | -161.11 Mn |
| Dec 31, 2024 | -161.11 Mn |
| Sep 30, 2024 | 72.74 Mn |
| Sep 30, 2024 | 72.74 Mn |
| Jun 30, 2024 | 76.81 Mn |
| Jun 30, 2024 | 76.81 Mn |
| Mar 31, 2024 | 70.15 Mn |
| Mar 31, 2024 | 70.15 Mn |
| Dec 31, 2023 | -129.26 Mn |
| Dec 31, 2023 | -129.26 Mn |