NGL Energy Partners (NGL-PC) Cost of Revenue (2010 - 2026)

NGL Energy Partners (NGL-PC) reported Cost of Revenue of $732.3 million for Q1 2026, up 3.22% on a YoY basis from $709.4 million in Q1 2025, and up 13.34% quarter-over-quarter from $646.1 million in Q4 2025.

NGL Energy Partners (NGL-PC) Cost of Revenue (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported Cost of Revenue for 17 years, with the latest figure at $732.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 3.22% year-over-year to $732.3 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (down 12.96% YoY), and the FY2026 full-year result was $2.2 billion, down 12.96% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $732.3 million, up from $646.1 million in the prior quarter.
  • The five-year high for Cost of Revenue was $2.3 billion in Q1 2022, with the low at -$1.2 billion in Q1 2023.
  • Historically, Cost of Revenue has averaged $876.6 million across 5 years, with a median of $732.3 million in 2026.
  • Annual changes were most pronounced in 2023 — Cost of Revenue plunged 150.89% — and 2024, when it jumped 168.24%.
  • NGL Energy Partners' Cost of Revenue stood at $1.9 billion in 2022, then plunged by 49.85% to $933.1 million in 2023, then declined by 21.18% to $735.4 million in 2024, then declined by 12.15% to $646.1 million in 2025, then climbed by 13.34% to $732.3 million in 2026.
  • The last three Cost of Revenue figures came in at $732.3 million (Q1 2026), $646.1 million (Q4 2025), and $421.0 million (Q3 2025), per Business Quant data.

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 NGL Energy Partners - - 217.25 Mn 732.26 Mn

Historic Data

Download Data
DateValue
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