Oneok (OKE) Cost of Revenue (2009 - 2026)
Oneok (OKE) posted quarterly Cost of Revenue of $634.0 million for Q1 2026, down 88.79% year-over-year from $5.7 billion in Q1 2025, and down 97.05% quarter-over-quarter from $21.5 billion in Q4 2025.
Oneok (OKE) Cost of Revenue (2009 - 2026) Analysis & Trends
Oneok's Cost of Revenue history runs 18 years deep, the most recent figure standing at $634.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 88.79% year-over-year to $634.0 million; the TTM figure through Mar 2026 stood at $28.7 billion (up 37.28% YoY), while the FY2025 annual figure was $23.4 billion, up 75.59% from the prior year.
- Cost of Revenue for Q1 2026 stood at $634.0 million, down from $21.5 billion in the prior quarter.
- The five-year high for Cost of Revenue was $21.5 billion in Q4 2025, with the low at $214.0 million in Q1 2022.
- The 5-year median for Cost of Revenue is $2.9 billion (2024), against an average of $4.5 billion.
- Peak annual rise in Cost of Revenue reached 2017.91% in 2022, while the deepest fall reached 90.24% in 2022.
- Oneok's Cost of Revenue stood at $3.9 billion in 2022, then soared by 185.02% to $11.1 billion in 2023, then gained by 6.61% to $11.8 billion in 2024, then jumped by 81.41% to $21.5 billion in 2025, then plunged by 97.05% to $634.0 million in 2026.
- Business Quant data shows OKE's Cost of Revenue at $634.0 million in Q1 2026, $21.5 billion in Q4 2025, and $6.0 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 110.78 Bn | 109.29 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.22 Bn | 82.32 Bn | - | - |
| 4 | Energy Transfer | 72.29 Bn | 71.26 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.94 Bn | 58.38 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.24 Bn | 59.20 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.73 Bn | 59.57 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 58.90 Bn | 58.77 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.79 Bn | 54.54 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Venture Global | 34.05 Bn | 30.83 Bn | 2.92 Bn | 1.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.24 Bn |
| Jun 30, 2026 | 9.24 Bn |
| Mar 31, 2026 | 634.00 Mn |
| Mar 31, 2026 | 634.00 Mn |
| Dec 31, 2025 | 21.46 Bn |
| Dec 31, 2025 | 21.46 Bn |
| Sep 30, 2025 | 5.96 Bn |
| Sep 30, 2025 | 5.96 Bn |
| Jun 30, 2025 | 618.00 Mn |
| Jun 30, 2025 | 618.00 Mn |
| Mar 31, 2025 | 5.66 Bn |
| Mar 31, 2025 | 5.66 Bn |
| Dec 31, 2024 | 11.83 Bn |
| Dec 31, 2024 | 11.83 Bn |
| Sep 30, 2024 | 512.00 Mn |
| Sep 30, 2024 | 512.00 Mn |
| Jun 30, 2024 | 2.89 Bn |
| Jun 30, 2024 | 2.89 Bn |
| Mar 31, 2024 | 483.00 Mn |
| Mar 31, 2024 | 483.00 Mn |