WaterBridge Infrastructure (WBI) Cost of Revenue (2024 - 2026)
WaterBridge Infrastructure (WBI) posted Cost of Revenue of $159.65 million for Q2 2026, up 128.0% from $70.02 million a year earlier and up 4.5% from the prior quarter.
WaterBridge Infrastructure (WBI) Cost of Revenue (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at WaterBridge Infrastructure was $572.93 million, up 120.5% year-over-year; for FY2025, it was $383.31 million, up 68.2% from FY2024.
- In prior years, WaterBridge Infrastructure's Cost of Revenue was $227.85 million in FY2024 (+56.6%) and $145.47 million in FY2023.
- Quarterly Cost of Revenue has run from a low of $52.95 million in Q3 2025 to a high of $207.55 million in Q4 2025 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last three quarters, with growth averaging 119.9% over the last four quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.76 Bn | 99.36 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 82.07 Bn | 79.10 Bn | 2.59 Bn | 632.00 Mn |
| 3 | Enterprise Products Partners | 79.36 Bn | 77.73 Bn | - | - |
| 4 | Kinder Morgan | 68.09 Bn | 66.95 Bn | 2.97 Bn | 1.57 Bn |
| 5 | Energy Transfer | 65.86 Bn | 61.69 Bn | 6.57 Bn | 30.53 Bn |
| 6 | Tc Energy | 65.57 Bn | 62.33 Bn | - | 37.15 Mn |
| 7 | Cheniere Energy | 59.39 Bn | 53.54 Bn | 2.97 Bn | 3.21 Bn |
| 8 | Targa Resources | 58.42 Bn | 57.88 Bn | 2.02 Bn | 3.58 Bn |
| 9 | Mplx | 57.59 Bn | 51.61 Bn | 3.19 Bn | 411.00 Mn |
| 10 | WaterBridge Infrastructure | 1.26 Bn | 1.10 Bn | 58.12 Mn | 159.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 159.65 Mn |
| Mar 31, 2026 | 152.79 Mn |
| Dec 31, 2025 | 207.55 Mn |
| Sep 16, 2025 | 52.95 Mn |
| Jun 30, 2025 | 70.02 Mn |
| Mar 31, 2025 | 62.99 Mn |
| Dec 31, 2024 | 63.94 Mn |
| Sep 30, 2024 | 62.87 Mn |
WaterBridge Infrastructure 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=WBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "WBI", "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=WBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();