Kinder Morgan Q4 FY25: where the revenue came from and where it went
The whole income statement of Kinder Morgan for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 13, 2026
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
| Item | Value | Share of revenue | Year 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 | −1.45 | 32% | |
| Gross profit | 3.06 | 68% margin | −1pp |
| G&A | −0.19 | 4% | +0pp |
| Other | −1.51 | 34% | +0pp |
| Operating profit | 1.36 | 30% margin | +2pp |
| Interest & other costs | −0.08 | ||
| Tax | −0.28 | ||
| Net profit | 1.00 | 22% margin | +5pp |
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