Ultrapar Holdings (UGP) Cost of Revenue (2009 - 2026)

Ultrapar Holdings (UGP) reported Cost of Revenue of $6.4 billion for Q1 2026, up 19.87% year-over-year from $5.3 billion in Q1 2025, and up 158.37% quarter-over-quarter from -$10.9 billion in Q4 2025.

Ultrapar Holdings (UGP) Cost of Revenue (2009 - 2026) Analysis & Trends

Ultrapar Holdings (UGP) has 18 years of Cost of Revenue data on file, last reported at $6.4 billion in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $6.4 billion, up 19.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.5 billion (down 54.95% YoY), and the FY2025 annual result was $24.7 billion, up 15.8% from the prior year.
  • Cost of Revenue advanced to $6.4 billion in Q1 2026 per UGP's latest filing, from -$10.9 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $23.6 billion in Q4 2023 and troughed at -$10.9 billion in Q4 2025.
  • A 5-year average of $11.1 billion and a median of $11.3 billion in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue surged 270.21% in 2023, then sank 151.3% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $6.4 billion in 2022, then surged by 270.21% to $23.6 billion in 2023, then declined by 9.65% to $21.3 billion in 2024, then slumped by 151.3% to -$10.9 billion in 2025, then jumped by 158.37% to $6.4 billion in 2026.
  • Business Quant data shows UGP's Cost of Revenue at $6.4 billion in Q1 2026, -$10.9 billion in Q4 2025, and $17.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Marathon Petroleum 77.61 Bn 82.13 Bn 3.31 Bn 31.26 Bn
2 Valero Energy 76.94 Bn 74.27 Bn 30.79 Bn 1.60 Bn
3 Phillips 66 73.12 Bn 69.12 Bn 31.12 Bn 1.88 Bn
4 HF Sinclair 12.79 Bn 11.71 Bn 1.19 Bn 5.93 Bn
5 Sunoco 9.07 Bn 8.35 Bn 1.69 Bn 9.00 Bn
6 Cosan 5.03 Bn 155.31 Mn 552.94 Mn -3.48 Bn
7 Icahn Enterprises 4.61 Bn 3.31 Bn -134.00 Mn 2.34 Bn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 7.63 Bn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 2.08 Bn
10 Ultrapar Holdings 756.43 -1.49 Bn 603.08 Mn 6.38 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.38 Bn
Mar 31, 2026 6.38 Bn
Dec 31, 2025 -10.93 Bn
Dec 31, 2025 -10.93 Bn
Sep 30, 2025 17.92 Bn
Sep 30, 2025 17.92 Bn
Jun 30, 2025 11.14 Bn
Jun 30, 2025 11.14 Bn
Mar 31, 2025 5.32 Bn
Mar 31, 2025 5.32 Bn
Dec 31, 2024 21.30 Bn
Dec 31, 2024 21.30 Bn
Sep 30, 2024 16.53 Bn
Sep 30, 2024 16.53 Bn
Jun 30, 2024 11.26 Bn
Jun 30, 2024 11.26 Bn
Mar 31, 2024 5.73 Bn
Mar 31, 2024 5.73 Bn
Dec 31, 2023 23.58 Bn
Dec 31, 2023 23.58 Bn