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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.41 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 405.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 439.00 Mn |
| 10 | WaterBridge Infrastructure | 3.56 Bn | 4.47 Bn | 58.12 Mn | 159.65 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();