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+16.7% | $24M+9.1% | $22M+4.8% | $21M-22.2% | $27M+28.6% | |
| Natural Gas Pipelines | $1.43B+21.8% | $1.18B+7.9% | $1.09B+22.4% | $890M-22.3% | $1.15B+32.2% | |
| Products Pipelines | $281M+14.2% | $246M-12.5% | $281M-3.8% | $292M-0.3% | $293M-15.6% | |
| Terminals | $16M+33.3% | $12M+33.3% | $9M-35.7% | $14M-6.7% | $15M+25.0% | |
| Revenues from customers by Product | ||||||
| Feebasedservices | $707M+0.4% | $704M+3.4% | $681M+2.3% | $666M-0.3% | $668M+3.2% | |
| Firm Services | $1.46B+4.1% | $1.4B+7.6% | $1.3B+0.9% | $1.29B-3.7% | $1.34B+3.7% | |
| Natural Gas Sales | $1.45B+30.3% | $1.12B+16.3% | $960M+9.2% | $879M-11.6% | $994M+46.2% | |
| Other sales | $44M+33.3% | $33M+10.0% | $30M+7.1% | $28M-26.3% | $38M+40.7% | |
| Product Other Than Natural Gas | $786M+4.1% | $755M+0.9% | $748M+1.1% | $740M-9.8% | $820M-11.3% | |
| Total Services Revenue | $2.17B— | —— | $1.99B+1.3% | $1.96B-2.5% | $2.01B— |
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.
