KPIs & Operating Metrics(New)
Growth Metrics

NGL Energy Partners (NGL) Cost of Revenue (2016 - 2025)

NGL Energy Partners filings provide 16 years of Cost of Revenue readings, the most recent being $646.1 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 12.15% to $646.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $2.2 billion, a 17.26% decrease, with the full-year FY2025 number at $2.5 billion, down 21.3% from a year prior.
  • Cost of Revenue hit $646.1 million in Q4 2025 for NGL Energy Partners, up from $421.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.3 billion in Q1 2022 to a low of -$1.2 billion in Q1 2023.
  • Median Cost of Revenue over the past 5 years was $782.1 million (2023), compared with a mean of $1.0 billion.
  • Biggest five-year swings in Cost of Revenue: plummeted 150.89% in 2023 and later soared 168.24% in 2024.
  • NGL Energy Partners' Cost of Revenue stood at $2.0 billion in 2021, then dropped by 4.61% to $1.9 billion in 2022, then plummeted by 49.85% to $933.1 million in 2023, then dropped by 21.18% to $735.4 million in 2024, then dropped by 12.15% to $646.1 million in 2025.
  • The last three reported values for Cost of Revenue were $646.1 million (Q4 2025), $421.0 million (Q3 2025), and $382.8 million (Q2 2025) per Business Quant data.