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

Oneok (OKE) recorded quarterly Cost of Revenue of $7.1 billion in Q1 2026, up 149.01% quarter-over-quarter from -$14.4 billion in Q4 2025, and up 24.72% on a YoY basis from $5.7 billion in Q1 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 $7.1 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 24.72% year-over-year to $7.1 billion; the TTM figure through Mar 2026 stood at $4.0 billion (down 67.5% YoY), while the FY2025 annual figure was $2.6 billion, up 19.57% from the prior year.
  • Cost of Revenue was $7.1 billion for Q1 2026 at Oneok, up from -$14.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $7.1 billion in Q1 2026 to a low of -$14.4 billion in Q4 2025.
  • Historically, Cost of Revenue has averaged $1.3 billion across 5 years, with a median of $2.9 billion in 2024.
  • Biggest YoY gain for Cost of Revenue was 2017.91% in 2022; the steepest drop was 5217.99% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at -$13.1 billion in 2022, then surged by 125.28% to $3.3 billion in 2023, then sank by 79.37% to $681.0 million in 2024, then plunged by 2213.36% to -$14.4 billion in 2025, then surged by 149.01% to $7.1 billion in 2026.
  • The last three Cost of Revenue figures came in at $7.1 billion (Q1 2026), -$14.4 billion (Q4 2025), and $6.0 billion (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 Cheniere Energy 50.96 Bn 53.16 Bn 5.86 Bn 4.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.05 Bn
Mar 31, 2026 7.05 Bn
Dec 31, 2025 -14.39 Bn
Dec 31, 2025 -14.39 Bn
Sep 30, 2025 5.96 Bn
Sep 30, 2025 5.96 Bn
Jun 30, 2025 5.36 Bn
Jun 30, 2025 5.36 Bn
Mar 31, 2025 5.66 Bn
Mar 31, 2025 5.66 Bn
Dec 31, 2024 681.00 Mn
Dec 31, 2024 681.00 Mn
Sep 30, 2024 3.03 Bn
Sep 30, 2024 3.03 Bn
Jun 30, 2024 2.89 Bn
Jun 30, 2024 2.89 Bn
Mar 31, 2024 2.90 Bn
Mar 31, 2024 2.90 Bn
Dec 31, 2023 3.30 Bn
Dec 31, 2023 3.30 Bn