Kinder Morgan annual operating expenses
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Kinder Morgan Operating Expenses Growth & History (KMI)
Kinder Morgan's operating expenses was $746.0M for fiscal 2025.
View full Kinder Morgan company overviewKinder Morgan annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $746.0M | $10.0M | +1.36% |
| 2024 | 2024-12-31 | $736.0M | −$23.0M | −3.03% |
| 2023 | 2023-12-31 | $759.0M | $166.0M | +27.99% |
| 2022 | 2022-12-31 | $593.0M | −$30.0M | −4.82% |
| 2021 | 2021-12-31 | $623.0M | −$1.85B | −74.83% |
| 2020 | 2020-12-31 | $2.48B | −$116.0M | −4.48% |
| 2019 | 2019-12-31 | $2.59B | $69.0M | +2.74% |
| 2018 | 2018-12-31 | $2.52B | −$7.65B | −75.22% |
| 2017 | 2017-12-31 | $10.18B | $656.0M | +6.89% |
| 2016 | 2016-12-31 | $9.52B | −$2.44B | −20.37% |
| 2015 | 2015-12-31 | $11.96B | $178.0M | +1.51% |
| 2014 | 2014-12-31 | $11.78B | $1.70B | +16.85% |
| 2013 | 2013-12-31 | $10.08B | $2.70B | +36.59% |
| 2012 | 2012-12-31 | $7.38B | $860.0M | +13.19% |
| 2011 | 2011-12-31 | $6.52B | −$199.0M | −2.96% |
| 2010 | 2010-12-31 | $6.72B | $941.0M | +16.29% |
| 2009 | 2009-12-31 | $5.78B | — | — |
Kinder Morgan quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $188.0M | $0 | 0.00% |
| Q1 2026 | 2026-03-31 | $177.0M | −$15.0M | −7.81% |
| Q4 2025 | 2025-12-31 | $182.0M | −$9.0M | −4.71% |
| Q3 2025 | 2025-09-30 | $184.0M | $3.0M | +1.66% |
| Q2 2025 | 2025-06-30 | $188.0M | $4.0M | +2.17% |
| Q1 2025 | 2025-03-31 | $192.0M | $12.0M | +6.67% |
| Q4 2024 | 2024-12-31 | $191.0M | −$34.0M | −15.11% |
| Q3 2024 | 2024-09-30 | $181.0M | $5.0M | +2.84% |
| Q2 2024 | 2024-06-30 | $184.0M | $5.0M | +2.79% |
| Q1 2024 | 2024-03-31 | $180.0M | $1.0M | +0.56% |
| Q4 2023 | 2023-12-31 | $225.0M | −$867.0M | −79.40% |
| Q3 2023 | 2023-09-30 | $176.0M | −$536.0M | −75.28% |
| Q2 2023 | 2023-06-30 | $179.0M | −$484.0M | −73.00% |
| Q1 2023 | 2023-03-31 | $179.0M | −$406.0M | −69.40% |
| Q4 2022 | 2022-12-31 | $1.09B | −$107.0M | −8.92% |
| Q3 2022 | 2022-09-30 | $712.0M | $98.0M | +15.96% |
| Q2 2022 | 2022-06-30 | $663.0M | $81.0M | +13.92% |
| Q1 2022 | 2022-03-31 | $585.0M | $71.0M | +13.81% |
| Q4 2021 | 2021-12-31 | $1.20B | $593.0M | +97.85% |
| Q3 2021 | 2021-09-30 | $614.0M | −$29.0M | −4.51% |
| Q2 2021 | 2021-06-30 | $582.0M | −$24.0M | −3.96% |
| Q1 2021 | 2021-03-31 | $514.0M | −$106.0M | −17.10% |
| Q4 2020 | 2020-12-31 | $606.0M | −$73.0M | −10.75% |
| Q3 2020 | 2020-09-30 | $643.0M | −$25.0M | −3.74% |
| Q2 2020 | 2020-06-30 | $606.0M | −$40.0M | −6.19% |
| Q1 2020 | 2020-03-31 | $620.0M | $22.0M | +3.68% |
| Q4 2019 | 2019-12-31 | $679.0M | $39.0M | +6.09% |
| Q3 2019 | 2019-09-30 | $668.0M | $22.0M | +3.41% |
| Q2 2019 | 2019-06-30 | $646.0M | $29.0M | +4.70% |
| Q1 2019 | 2019-03-31 | $598.0M | −$21.0M | −3.39% |
| Q4 2018 | 2018-12-31 | $640.0M | −$2.18B | −77.34% |
| Q3 2018 | 2018-09-30 | $646.0M | −$1.81B | −73.69% |
| Q2 2018 | 2018-06-30 | $617.0M | −$1.83B | −74.82% |
| Q1 2018 | 2018-03-31 | $619.0M | −$1.83B | −74.70% |
| Q4 2017 | 2017-12-31 | $2.82B | $335.0M | +13.46% |
| Q3 2017 | 2017-09-30 | $2.46B | $7.0M | +0.29% |
| Q2 2017 | 2017-06-30 | $2.45B | $246.0M | +11.16% |
| Q1 2017 | 2017-03-31 | $2.45B | $68.0M | +2.86% |
| Q4 2016 | 2016-12-31 | $2.49B | −$1.39B | −35.85% |
| Q3 2016 | 2016-09-30 | $2.45B | −$538.0M | −18.02% |
| Q2 2016 | 2016-06-30 | $2.20B | −$367.0M | −14.27% |
| Q1 2016 | 2016-03-31 | $2.38B | −$140.0M | −5.56% |
| Q4 2015 | 2015-12-31 | $3.88B | $885.0M | +29.55% |
| Q3 2015 | 2015-09-30 | $2.99B | $27.0M | +0.91% |
| Q2 2015 | 2015-06-30 | $2.57B | −$353.0M | −12.07% |
| Q1 2015 | 2015-03-31 | $2.52B | −$381.0M | −13.14% |
| Q4 2014 | 2014-12-31 | $3.00B | $283.0M | +10.44% |
| Q3 2014 | 2014-09-30 | $2.96B | $244.0M | +8.99% |
| Q2 2014 | 2014-06-30 | $2.92B | $314.0M | +12.03% |
| Q1 2014 | 2014-03-31 | $2.90B | $857.0M | +41.95% |
| Q4 2013 | 2013-12-31 | $2.71B | $598.0M | +28.29% |
| Q3 2013 | 2013-09-30 | $2.71B | $697.0M | +34.54% |
| Q2 2013 | 2013-06-30 | $2.61B | $703.0M | +36.86% |
| Q1 2013 | 2013-03-31 | $2.04B | $702.0M | +52.35% |
| Q4 2012 | 2012-12-31 | $2.11B | $618.0M | +41.31% |
| Q3 2012 | 2012-09-30 | $2.02B | $277.0M | +15.91% |
| Q2 2012 | 2012-06-30 | $1.91B | $191.0M | +11.13% |
| Q1 2012 | 2012-03-31 | $1.34B | −$226.0M | −14.42% |
| Q4 2011 | 2011-12-31 | $1.50B | — | — |
| Q3 2011 | 2011-09-30 | $1.74B | −$166.1M | −8.71% |
| Q2 2011 | 2011-06-30 | $1.72B | $130.5M | +8.23% |
| Q1 2011 | 2011-03-31 | $1.57B | — | — |
| Q3 2010 | 2010-09-30 | $1.91B | — | — |
| Q2 2010 | 2010-06-30 | $1.59B | — | — |
Kinder Morgan operating expenses trends
Over the last five fiscal years, Kinder Morgan's operating expenses decreased from $2.48B to $746.0M, a change of −$1.73B. The latest reported quarter, Q2 2026, shows $188.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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