Ultrapar Holdings (UGP) Cost of Revenue (2009 - 2026)
Ultrapar Holdings' (UGP) quarterly Cost of Revenue came in at $7.3 billion in Q2 2026, up 29.26% year-over-year from $5.6 billion in Q2 2025, and up 14.28% quarter-over-quarter from $6.4 billion in Q1 2026.
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Ultrapar Holdings (UGP) Cost of Revenue (2009 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has reported Cost of Revenue for 18 consecutive years, with $7.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 29.26% year-over-year to $7.3 billion in Q2 2026; TTM through Jun 2026 was $20.2 billion, a 27.1% decrease from a year earlier, with the FY2025 full-year figure at $24.7 billion, up 15.8% from the prior year.
- Cost of Revenue was $7.3 billion for Q2 2026 at Ultrapar Holdings, up from $6.4 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $26.4 billion in Q4 2022 and troughed at $6.3 million in Q3 2025.
- A 5-year average of $7.4 billion and a median of $5.9 billion in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue plunged 76.76% in 2023 and jumped 99.81% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $26.4 billion in 2022, then sank by 76.76% to $6.1 billion in 2023, then dropped by 9.72% to $5.5 billion in 2024, then rose by 18.54% to $6.6 billion in 2025, then gained by 11.13% to $7.3 billion in 2026.
- The last three Cost of Revenue figures came in at $7.3 billion (Q2 2026), $6.4 billion (Q1 2026), and $6.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 43.06 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 39.01 Bn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 8.82 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 12.80 Bn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 10.53 Bn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 7.29 Bn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 2.62 Bn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | 2.88 Bn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 3.72 Bn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 2.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.29 Bn |
| Mar 31, 2026 | 6.38 Bn |
| Dec 31, 2025 | 6.56 Bn |
| Sep 30, 2025 | 6.35 Mn |
| Jun 30, 2025 | 5.64 Bn |
| Mar 31, 2025 | 5.32 Bn |
| Dec 31, 2024 | 5.53 Bn |
| Jun 30, 2024 | 11.26 Bn |
| Mar 31, 2024 | 5.73 Bn |
| Dec 31, 2023 | 6.13 Bn |
| Jun 30, 2023 | 5.64 Bn |
| Mar 31, 2023 | 5.55 Bn |
| Dec 31, 2022 | 26.38 Bn |
| Sep 30, 2022 | 7.23 Bn |
| Jun 30, 2022 | 7.23 Bn |
| Mar 31, 2022 | 5.75 Bn |
| Dec 31, 2021 | 20.03 Bn |
| Sep 30, 2021 | 5.77 Bn |
| Jun 30, 2021 | 5.09 Bn |
| Mar 31, 2021 | 3.81 Bn |
API Access
Ultrapar Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=UGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "UGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=UGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();