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

Viper Energy (VNOM) has 3 years of Cost of Revenue data on file, last reported at $35.0 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $35.0 million, up 105.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $108.0 million (changed N/A YoY), and the FY2025 annual result was $94.0 million, up 54.1% from the prior year.
• Cost of Revenue advanced to $35.0 million in Q1 2026 per VNOM's latest filing, 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.
• A 3-year average of $23.2 million and a median of $22.0 million in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue surged 80.0% in 2025, then soared 105.88% in 2026.
• A 3-year view of Cost of Revenue shows it stood at $16.0 million in 2024, then soared by 81.25% to $29.0 million in 2025, then gained by 20.69% to $35.0 million in 2026.
• Business Quant data shows VNOM's Cost of Revenue at $35.0 million in Q1 2026, $29.0 million in Q4 2025, and $27.0 million in Q3 2025.