OKE · Q1 FY26 · Mar 31, 2026
Oneok Q1 FY26: where the revenue came from and where it went
Oneok Q1 FY26: revenue $9.6B (+20% year over year). Net profit $0.8B. Largest cohort Liquids Commodity $7.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 31, 2026
- Reported
- Apr 29, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$9.6B
+20% year over year
Gross profit$2.6B
27% margin
Operating profit$1.4B
15% margin
Net profit$0.8B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.6 | 100% | +20% |
| Liquids Commodity | 7.3 | 76% | +23% |
| Residue Natural Gas Sales | 1.1 | 11% | +15% |
| Transportation and Storage | 0.8 | 8% | −3% |
| Exchange Services and Natural Gas… | 0.3 | 3% | |
| Cost of revenue | −7.1 | 74% | |
| Gross profit | 2.6 | 27% margin | −3pp |
| Operating expenses | −1.1 | 12% | +0pp |
| Operating profit | 1.4 | 15% margin | +0pp |
| Tax | −0.2 | ||
| Interest & other costs | −0.4 | ||
| Net profit | 0.8 | 8% | +0pp |
Older quarters
-
Q4 FY25 12/2025Revenue $9.1B Net margin 11%
-
Q3 FY25 9/2025Revenue $8.6B Net margin 11%
-
Q2 FY25 6/2025Revenue $7.9B Net margin 11%
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