KMI · Q3 FY25 · Jul 1 – Sep 30, 2025
Kinder Morgan Q3 FY25: where the revenue came from and where it went
Kinder Morgan Q3 FY25: revenue $4.1B (+12% year over year). Net profit $0.6B. Largest cohort Product $1.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 24, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$4.15B
+12% year over year
Gross profit$2.75B
66% margin
Operating profit$1.06B
26% margin
Net profit$0.63B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.15 | 100% | +12% |
| Product | 1.76 | 42% | |
| Natural gas sales | 0.96 | 23% | |
| Than natural gas | 0.75 | 18% | |
| Feebased services | 0.68 | 16% | |
| Cost of revenue | −1.40 | 34% | |
| Gross profit | 2.75 | 66% margin | −6pp |
| G&A | −0.18 | 4% | +0pp |
| Other | −1.51 | 36% | +0pp |
| Operating profit | 1.06 | 26% margin | −2pp |
| Tax | −0.19 | ||
| Interest & other costs | −0.25 | ||
| Net profit | 0.63 | 15% | −2pp |
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