Teekay Tankers (TNK) Cost of Revenue (2009 - 2026)
Teekay Tankers' (TNK) quarterly Cost of Revenue came in at $61.2 million in Q1 2026, down 29.53% year-on-year from $86.9 million in Q1 2025, and down 11.48% sequentially from $69.2 million in Q4 2025.
Teekay Tankers (TNK) Cost of Revenue (2009 - 2026) Analysis & Trends
Teekay Tankers' Cost of Revenue history runs 18 years deep, the most recent figure standing at $61.2 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 29.53% year-over-year to $61.2 million; the TTM figure through Mar 2026 stood at $291.7 million (down 22.39% YoY), while the FY2025 annual figure was $317.4 million, down 21.74% from the prior year.
- Cost of Revenue came in at $61.2 million for Q1 2026 at Teekay Tankers, down from $69.2 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $135.0 million in Q3 2022 and troughed at $61.2 million in Q1 2026.
- The 5-year median for Cost of Revenue is $101.6 million (2022), against an average of $103.2 million.
- The widest annual swing landed in 2022, when Cost of Revenue soared 76.92%; it then slipped 29.53% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $132.0 million in 2022, then slipped by 9.97% to $118.8 million in 2023, then fell by 20.11% to $94.9 million in 2024, then slipped by 27.15% to $69.2 million in 2025, then slipped by 11.48% 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, $69.2 million in Q4 2025, and $82.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.75 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 2.39 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 498.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 2.76 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 270.00 Mn |
| 10 | Teekay Tankers | - | - | 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 | 69.16 Mn |
| Dec 31, 2025 | 69.16 Mn |
| Sep 30, 2025 | 82.71 Mn |
| Sep 30, 2025 | 82.71 Mn |
| Jun 30, 2025 | 78.64 Mn |
| Jun 30, 2025 | 78.64 Mn |
| Mar 31, 2025 | 86.87 Mn |
| Mar 31, 2025 | 86.87 Mn |
| Dec 31, 2024 | 94.93 Mn |
| Dec 31, 2024 | 94.93 Mn |
| Sep 30, 2024 | 93.98 Mn |
| Sep 30, 2024 | 93.98 Mn |
| Jun 30, 2024 | 100.10 Mn |
| Jun 30, 2024 | 100.10 Mn |
| Mar 31, 2024 | 116.53 Mn |
| Mar 31, 2024 | 116.53 Mn |
| Dec 31, 2023 | 118.83 Mn |
| Dec 31, 2023 | 118.83 Mn |