Total Cost of Revenue
Energy Transfer Total Cost of Revenue increased by 8.9% to $21.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.8%, from $15.57B to $21.15B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 5.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.
Detailed definition
The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...
Peer comparison
In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.
is_total_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.51B | $13.19B | $14.75B | $16.14B | $21.52B | $18.52B | $16.06B | $14.61B | $14.09B | $16.06B | $15.78B | $16.60B | $15.61B | $15.61B | $14.16B | $15.57B | $13.95B | $14.56B | $19.42B | $21.15B |
| QoQ Change | — | +14.6% | +11.9% | +9.4% | +33.3% | -13.9% | -13.2% | -9.0% | -3.5% | +14.0% | -1.7% | +5.2% | -6.0% | +0.0% | -9.3% | +10.0% | -10.4% | +4.4% | +33.3% | +8.9% |
| YoY Change | — | — | — | — | +87.0% | +40.4% | +8.9% | -9.5% | -34.5% | -13.3% | -1.8% | +13.6% | +10.8% | -2.8% | -10.3% | -6.2% | -10.7% | -6.7% | +37.1% | +35.8% |
Business Segments — Investment In Sunoco LP
| Segment | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|
| Investment In Sunoco LP | $5.02B | $5.61B | $5.33B |
| Midstream | $1.72B | $1.46B | $1.55B |
| Intrastate Transportation And Storage | $487.00M | $205.00M | $272.00M |
| Investment In USAC | $36.00M | $36.00M | $38.00M |
| Total | $16.60B | $15.61B | $15.61B |
Intrastate Transportation And Storage, Investment In Sunoco LP, Investment In USAC, Midstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Investment In Sunoco LP
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Investment In Sunoco LP | $5.61B | $5.33B | $4.64B | $4.53B | $4.82B | $5.39B | $7.68B | $9.00B |
| Crude oil transportation and services | $6.31B | $6.30B | $5.21B | $5.21B | $4.73B | $5.05B | $7.48B | $6.79B |
| NGL and refined products transportation and services | $4.51B | $4.53B | $5.05B | $5.64B | $4.64B | $4.49B | $4.74B | $5.48B |
| Midstream | $1.46B | $1.55B | $1.91B | $2.26B | $1.91B | $1.75B | $1.47B | $1.67B |
| All Other Segment | — | — | — | — | — | — | — | $994.00M |
| Intrastate Transportation And Storage | $205.00M | $272.00M | $426.00M | $964.00M | $561.00M | $546.00M | $454.00M | $710.00M |
| Investment In USAC | $36.00M | $38.00M | $36.00M | $38.00M | $40.00M | $34.00M | $36.00M | $29.00M |
| Interstate Transportation and Storage | $2.00M | $3.00M | $3.00M | $2.00M | $3.00M | $3.00M | $1.00M | $3.00M |
| Corporate Segment and Other Operating Segment | — | — | — | — | — | — | $955.25M | — |
| Total | $15.61B | $15.61B | $14.16B | $15.57B | $13.95B | $14.56B | $19.42B | $21.15B |
All Other Segments, Corporate Segment and Other Operating Segment are derived from annual filings.
All Other Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Energy Transfer's total cost of revenue?
- Energy Transfer (ET) reported total cost of revenue of $21.15B in Q1 2026.
- How has Energy Transfer's total cost of revenue changed year-over-year?
- Energy Transfer's total cost of revenue increased by 35.8% year-over-year, from $15.57B to $21.15B.
- What is the long-term trend for Energy Transfer's total cost of revenue?
- Over 4 years (2021 to 2025), Energy Transfer's total cost of revenue has grown at a 5.9% compound annual growth rate (CAGR), from $50.40B to $63.50B.
- What does total cost of revenue mean?
- The direct cost of making the products or providing the services that a company sells.