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

NGL Energy Partners (NGL) 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 Cost of Revenue figures stand at $732.3 million (Q1 2026), $646.1 million (Q4 2025), and $421.0 million (Q3 2025).