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
DateValue
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