Viper Energy (VNOM) Cost of Revenue (2024 - 2026)

Viper Energy's Cost of Revenue history runs 3 years deep, the most recent figure standing at $35.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 105.88% year-over-year to $35.0 million; the TTM figure through Mar 2026 stood at $108.0 million (changed N/A YoY), while the FY2025 annual figure was $94.0 million, up 54.1% from the prior year.
• Cost of Revenue came in at $35.0 million for Q1 2026 at Viper Energy, up from $29.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $35.0 million in Q1 2026 and troughed at $15.0 million in Q3 2024.
• The 3-year median for Cost of Revenue is $22.0 million (2025), against an average of $23.2 million.
• The widest annual swing landed in 2025, when Cost of Revenue soared 80.0%; it then jumped 105.88% in 2026.
• A 3-year view of Cost of Revenue shows it stood at $16.0 million in 2024, then jumped by 81.25% to $29.0 million in 2025, then advanced by 20.69% to $35.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $35.0 million in Q1 2026, $29.0 million in Q4 2025, and $27.0 million in Q3 2025.