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| Date | Value |
|---|---|
| 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 |