Matador Resources (MTDR) Cost of Revenue (2011 - 2026)
Matador Resources (MTDR) posted quarterly Cost of Revenue of $14.8 million for Q1 2026, down 26.02% year-over-year from $20.1 million in Q1 2025, and up 107.69% quarter-over-quarter from -$192.9 million in Q4 2025.
Matador Resources (MTDR) Cost of Revenue (2011 - 2026) Analysis & Trends
Matador Resources (MTDR) has reported Cost of Revenue for 16 consecutive years, with $14.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 26.02% year-over-year to $14.8 million; the TTM figure through Mar 2026 stood at -$12.2 million (down 243.7% YoY), while the FY2025 annual figure was $66.8 million, up 13.98% from the prior year.
- Cost of Revenue rose to $14.8 million in Q1 2026 per MTDR's latest filing, from -$192.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $85.7 million in Q2 2022 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 195.87% — and 2023, when it slumped 305.99%.
- Matador Resources' Cost of Revenue stood at $62.8 million in 2022, then plunged by 305.99% to -$129.3 million in 2023, then slipped by 24.64% to -$161.1 million in 2024, then decreased by 19.74% to -$192.9 million in 2025, then surged by 107.69% to $14.8 million in 2026.
- Business Quant data shows MTDR's Cost of Revenue at $14.8 million in Q1 2026, -$192.9 million in Q4 2025, and $83.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.39 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 566.00 Mn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Matador Resources | 7.26 Bn | 7.22 Bn | 1.17 Bn | 18.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.93 Mn |
| Jun 30, 2026 | 18.93 Mn |
| 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 |