Oneok OKE
NYSE OKE
$95.43 -0.32 (-0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

Oneok (OKE) Cost of Revenue (2009 - 2026)

Oneok (OKE) posted Cost of Revenue of $9.2 billion for Q2 2026, up 31.04% on a QoQ basis from $7.1 billion in Q1 2026, and up 72.43% year-over-year from $5.4 billion in Q2 2025.

Analysis

Oneok (OKE) Cost of Revenue (2009 - 2026) Analysis & Trends

Oneok has reported Cost of Revenue for 18 years, with the latest figure at $9.2 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 72.43% year-over-year to $9.2 billion in Q2 2026; TTM through Jun 2026 was $28.7 billion, a 54.56% increase from a year earlier, with the FY2025 full-year figure at $23.4 billion, up 75.59% from the prior year.
  • Cost of Revenue was $9.2 billion for Q2 2026 at Oneok, up from $7.1 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $9.2 billion in Q2 2026, with the low at $2.5 billion in Q2 2023.
  • Average Cost of Revenue over 5 years is $4.6 billion, with a median of $4.4 billion recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 106.09% in 2022, then slumped 49.12% in 2023.
  • Over 5 years, Cost of Revenue stood at $3.9 billion in 2022, then dropped by 15.21% to $3.3 billion in 2023, then soared by 36.2% to $4.5 billion in 2024, then jumped by 42.26% to $6.4 billion in 2025, then surged by 44.5% to $9.2 billion in 2026.
  • The last three Cost of Revenue figures came in at $9.2 billion (Q2 2026), $7.1 billion (Q1 2026), and $6.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.41 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 26.94 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.06 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 2.30 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 587.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 9.24 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 15.96 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.29 Bn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.24 Bn
Mar 31, 2026 7.05 Bn
Dec 31, 2025 6.40 Bn
Sep 30, 2025 5.96 Bn
Jun 30, 2025 5.36 Bn
Mar 31, 2025 5.66 Bn
Dec 31, 2024 4.50 Bn
Sep 30, 2024 3.03 Bn
Jun 30, 2024 2.89 Bn
Mar 31, 2024 2.90 Bn
Dec 31, 2023 3.30 Bn
Sep 30, 2023 2.80 Bn
Jun 30, 2023 2.48 Bn
Mar 31, 2023 3.35 Bn
Dec 31, 2022 3.89 Bn
Sep 30, 2022 4.77 Bn
Jun 30, 2022 4.88 Bn
Mar 31, 2022 4.37 Bn
Dec 31, 2021 4.32 Bn
Sep 30, 2021 3.45 Bn