Teekay Tankers (TNK) Cost of Revenue (2009 - 2026)
Teekay Tankers' (TNK) quarterly Cost of Revenue came in at $61.2 million in Q1 2026, little changed year-on-year from $61.2 million in Q1 2025, and up 5.07% on a QoQ basis from $58.3 million in Q4 2025.
Teekay Tankers (TNK) Cost of Revenue (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 18 years of Cost of Revenue data on file, last reported at $61.2 million in Q1 2026.
- On a quarterly basis, Cost of Revenue changed 0.08% year-over-year to $61.2 million in Q1 2026; TTM through Mar 2026 was $241.0 million, a 7.05% decrease from a year earlier, with the FY2025 full-year figure at $317.4 million, down 21.74% from the prior year.
- Cost of Revenue for Q1 2026 stood at $61.2 million, up from $58.3 million in the prior quarter.
- Over the last five years, Cost of Revenue for TNK reached as high as $66.6 million in Q3 2024 and fell as low as $36.0 million in Q3 2022.
- Historically, Cost of Revenue has averaged $52.3 million across 5 years, with a median of $60.5 million in 2025.
- Across the five-year window, Cost of Revenue jumped 83.26% in 2024 and slipped 11.36% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $36.2 million in 2022, then surged by 74.85% to $63.3 million in 2023, then climbed by 3.82% to $65.7 million in 2024, then slipped by 11.36% to $58.3 million in 2025, then rose by 5.07% to $61.2 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $61.2 million in Q1 2026, $58.3 million in Q4 2025, and $61.0 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 | Teekay Tankers | 2.64 Bn | -32.28 Bn | 224.88 Mn | 61.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.22 Mn |
| Mar 31, 2026 | 61.22 Mn |
| Dec 31, 2025 | 58.26 Mn |
| Dec 31, 2025 | 58.26 Mn |
| Sep 30, 2025 | 61.03 Mn |
| Sep 30, 2025 | 61.03 Mn |
| Jun 30, 2025 | 60.50 Mn |
| Jun 30, 2025 | 60.50 Mn |
| Mar 31, 2025 | 61.17 Mn |
| Mar 31, 2025 | 61.17 Mn |
| Dec 31, 2024 | 65.73 Mn |
| Dec 31, 2024 | 65.73 Mn |
| Sep 30, 2024 | 66.64 Mn |
| Sep 30, 2024 | 66.64 Mn |
| Jun 30, 2024 | 65.74 Mn |
| Jun 30, 2024 | 65.74 Mn |
| Mar 31, 2024 | 63.00 Mn |
| Mar 31, 2024 | 63.00 Mn |
| Dec 31, 2023 | 63.31 Mn |
| Dec 31, 2023 | 63.31 Mn |