Oneok Q3 FY25: where the revenue came from and where it went
The whole income statement of Oneok for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 29, 2025
Revenue$8.63B
+72% year over year
Gross profit$2.67B
31% margin
Operating profit$1.56B
18% margin
Net profit$0.94B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.63 | 100% | +72% |
| Liquids commodity | 6.67 | 77% | +73% |
| Transportation & storage | 0.78 | 9% | +4% |
| Residue natural gas sales | 0.75 | 9% | +243% |
| Exchange services | 0.41 | 5% | |
| Other | 0.04 | 0% | +0% |
| Cost of revenue | −5.96 | 69% | |
| Gross profit | 2.67 | 31% margin | −9pp |
| Operating expenses | −1.11 | 13% | +0pp |
| Operating profit | 1.56 | 18% margin | −4pp |
| Interest & other costs | −0.32 | ||
| Tax | −0.30 | ||
| Net profit | 0.94 | 11% margin | −3pp |
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