NGL Energy Partners (NGL-PB) Cost of Revenue (2010 - 2026)
NGL Energy Partners (NGL-PB) posted Cost of Revenue of $732.3 million for Q1 2026, up 13.34% on a QoQ basis from $646.1 million in Q4 2025, and up 3.22% year-over-year from $709.4 million in Q1 2025.
NGL Energy Partners (NGL-PB) Cost of Revenue (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL-PB) has reported Cost of Revenue for 17 consecutive years, with $732.3 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $732.3 million, up 3.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (down 12.96% YoY), and the FY2026 annual result was $2.2 billion, down 12.96% from the prior year.
- Cost of Revenue was $732.3 million for Q1 2026 at NGL Energy Partners, up from $646.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.3 billion in Q1 2022 and troughed at -$1.2 billion in Q1 2023.
- A 5-year average of $876.6 million and a median of $732.3 million in 2026 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 150.89% — and 2024, when it surged 168.24%.
- Year by year, Cost of Revenue stood at $1.9 billion in 2022, then plunged by 49.85% to $933.1 million in 2023, then retreated by 21.18% to $735.4 million in 2024, then retreated by 12.15% to $646.1 million in 2025, then increased by 13.34% to $732.3 million in 2026.
- Per Business Quant, the three latest NGL-PB Cost of Revenue figures stand at $732.3 million (Q1 2026), $646.1 million (Q4 2025), and $421.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Torm | 26,839.46 Bn | 26,839.30 Bn | - | - |
| 2 | Imperial Petroleum | 730.62 Bn | 730.54 Bn | 50.64 Mn | 11.07 Mn |
| 3 | Kinder Morgan | 450.75 Bn | 451.83 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Enterprise Products Partners | 316.77 Bn | 315.62 Bn | - | - |
| 5 | Energy Transfer | 263.37 Bn | 262.65 Bn | 6.62 Bn | 21.15 Bn |
| 6 | Targa Resources | 235.18 Bn | 235.21 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Mplx | 230.21 Bn | 228.70 Bn | 2.54 Bn | 498.00 Mn |
| 8 | Oneok | 224.24 Bn | 224.11 Bn | 2.57 Bn | 7.05 Bn |
| 9 | Cheniere Energy | 210.54 Bn | 212.74 Bn | 5.86 Bn | 4.00 Mn |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | 732.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 732.26 Mn |
| Mar 31, 2026 | 732.26 Mn |
| Dec 31, 2025 | 646.07 Mn |
| Dec 31, 2025 | 646.07 Mn |
| Sep 30, 2025 | 421.02 Mn |
| Sep 30, 2025 | 421.02 Mn |
| Jun 30, 2025 | 382.81 Mn |
| Jun 30, 2025 | 382.81 Mn |
| Mar 31, 2025 | 709.44 Mn |
| Mar 31, 2025 | 709.44 Mn |
| Dec 31, 2024 | 735.42 Mn |
| Dec 31, 2024 | 735.42 Mn |
| Sep 30, 2024 | 522.92 Mn |
| Sep 30, 2024 | 522.92 Mn |
| Jun 30, 2024 | 539.31 Mn |
| Jun 30, 2024 | 539.31 Mn |
| Mar 31, 2024 | 812.14 Mn |
| Mar 31, 2024 | 812.14 Mn |
| Dec 31, 2023 | 933.05 Mn |
| Dec 31, 2023 | 933.05 Mn |