FINHUB Insights

KMI · Q4 FY25 · Oct 1 – Dec 31, 2025

Kinder Morgan Q4 FY25: where the revenue came from and where it went

Kinder Morgan Q4 FY25: revenue $4.5B (+13% year over year). Net profit $1.0B. Largest cohort Oil & gas service $2.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2025
Reported
Feb 13, 2026 10-K
Sankey diagram of Kinder Morgan's income statement for Q4 FY25: revenue of $4.51 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.51B +13% year over year
Gross profit$3.06B 68% margin
Operating profit$1.36B 30% margin
Net profit$1.00B 22% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
ItemValueShare of revenueYear over year
Revenue 4.51 100% +13%
Oil & gas service 2.46 55%
Product 1.99 44%
Service other 0.05 1%
Cost of revenue−1.4532%
Gross profit3.0668% margin−1pp
G&A−0.194%+0pp
Other−1.5134%+0pp
Operating profit1.3630% margin+2pp
Tax−0.28
Interest & other costs−0.08
Net profit1.0022%+5pp

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.