Kinder Morgan KMI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Costs of sales (exclusive of items shown separately below) by Business | ||||||
| CO2 | $28M+3.7% | $24M+14.3% | $22M+4.8% | $21M+10.5% | $27M+28.6% | |
| Natural Gas Pipelines | $1.43B+25.0% | $1.18B+35.7% | $1.09B+61.8% | $890M+57.0% | $1.15B+56.6% | |
| Products Pipelines | $281M-4.1% | $246M-29.1% | $281M-13.5% | $292M-21.7% | $293M-16.0% | |
| Terminals | $16M+6.7% | $12M0.0% | $9M+12.5% | $14M+16.7% | $15M+50.0% | |
| Revenues from customers by Product | ||||||
| Feebasedservices | $707M+5.8% | $704M+8.8% | $681M+4.1% | $666M+1.4% | $668M+4.5% | |
| Firm Services | $1.46B+8.8% | $1.4B+8.4% | $1.3B+7.0% | $1.29B+9.3% | $1.34B+6.4% | |
| Natural Gas Sales | $1.45B+46.3% | $1.12B+64.1% | $960M+69.0% | $879M+89.4% | $994M+58.3% | |
| Other sales | $44M+15.8% | $33M+22.2% | $30M-11.8% | $28M+7.7% | $38M+138% | |
| Product Other Than Natural Gas | $786M-4.1% | $755M-18.3% | $748M-8.0% | $740M-16.2% | $820M-5.3% | |
| Total Services Revenue | $2.17B+7.8% | —— | $1.99B+6.0% | $1.96B+6.5% | $2.01B+5.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Kinder Morgan break its business down?
- Kinder Morgan (KMI) reports costs of sales (exclusive of items shown separately below) by business across 4 parts — CO2, Natural Gas Pipelines, Products Pipelines and Terminals. Each is extracted from the segment footnotes and tracked over time.
- Where does Kinder Morgan's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Kinder Morgan's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
