Seapeak (SEAL-PA) Cost of Revenue (2009 - 2026)
Seapeak (SEAL-PA) posted Cost of Revenue of $2.6 million for Q1 2026, up 42.99% on a QoQ basis from $1.8 million in Q4 2025, and down 51.81% year-over-year from $5.4 million in Q1 2025.
Seapeak (SEAL-PA) Cost of Revenue (2009 - 2026) Analysis & Trends
Seapeak's Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- Quarterly Cost of Revenue fell 51.81% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.3 million (down 31.76% YoY) and the FY2025 annual result came in at $12.1 million, up 4.2% from the prior year.
- Cost of Revenue was $2.6 million for Q1 2026 at Seapeak, up from $1.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $13.4 million in Q3 2022 and bottomed at $1.7 million in Q2 2025.
- A 5-year average of $4.8 million and a median of $4.2 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 85.13% — and 2023, when it sank 61.16%.
- Seapeak's Cost of Revenue stood at $6.8 million in 2022, then fell by 28.75% to $4.8 million in 2023, then tumbled by 32.42% to $3.3 million in 2024, then sank by 44.29% to $1.8 million in 2025, then jumped by 42.99% to $2.6 million in 2026.
- Business Quant data shows SEAL-PA's Cost of Revenue at $2.6 million in Q1 2026, $1.8 million in Q4 2025, and $3.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Seapeak | 2.22 Bn | 2.07 Bn | 144.77 Mn | 2.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.60 Mn |
| Mar 31, 2026 | 2.60 Mn |
| Dec 31, 2025 | 1.82 Mn |
| Dec 31, 2025 | 1.82 Mn |
| Sep 30, 2025 | 3.19 Mn |
| Sep 30, 2025 | 3.19 Mn |
| Jun 30, 2025 | 1.67 Mn |
| Jun 30, 2025 | 1.67 Mn |
| Mar 31, 2025 | 5.40 Mn |
| Mar 31, 2025 | 5.40 Mn |
| Dec 31, 2024 | 3.27 Mn |
| Dec 31, 2024 | 3.27 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Jun 30, 2024 | 2.10 Mn |
| Jun 30, 2024 | 2.10 Mn |
| Mar 31, 2024 | 3.39 Mn |
| Mar 31, 2024 | 3.39 Mn |
| Dec 31, 2023 | 4.83 Mn |
| Dec 31, 2023 | 4.83 Mn |