Service — Revenue from Contract with Customer, Excluding Assessed Tax
MPLX Service — Revenue from Contract with Customer, Excluding Assessed Tax decreased by 4.5% to $1.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $1.77B to $1.80B. Over 4 years (FY 2021 to FY 2025), Service — Revenue from Contract with Customer, Excluding Assessed Tax shows an upward trend with a 33.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growth in service volume or improved pricing power, while a decrease may indicate lower throughput or contract expirations.
Detailed definition
This metric represents the total revenue generated from the company's service-based midstream operations, including both...
Peer comparison
This is a standard top-line metric for midstream service segments, comparable to 'Service Revenue' reported by other energy infrastructure firms.
mplx_segment_service_revenue_from_contract_with_customer_excluding_assessed_taxHistorical 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 | $578.00M | $600.00M | $546.00M | $554.00M | $938.00M | $627.00M | $240.00M | $605.00M | $1.61B | $1.68B | $2.63B | $1.64B | $1.73B | $1.78B | $1.80B | $1.77B | $1.79B | $1.84B | $1.89B | $1.80B |
| QoQ Change | — | +3.8% | -9.0% | +1.5% | +69.3% | -33.2% | -61.7% | +152.1% | +165.5% | +4.5% | +56.9% | -37.6% | +5.4% | +2.4% | +1.3% | -1.4% | +0.9% | +3.1% | +2.3% | -4.5% |
| YoY Change | — | — | — | — | +62.3% | +4.5% | -56.0% | +9.2% | +71.2% | +167.8% | +997.5% | +171.7% | +7.9% | +5.7% | -31.7% | +7.8% | +3.2% | +3.9% | +4.9% | +1.6% |
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Frequently Asked Questions
- What is MPLX's service — revenue from contract with customer, excluding assessed tax?
- MPLX (MPLX) reported service — revenue from contract with customer, excluding assessed tax of $1.80B in Q1 2026.
- How has MPLX's service — revenue from contract with customer, excluding assessed tax changed year-over-year?
- MPLX's service — revenue from contract with customer, excluding assessed tax increased by 1.6% year-over-year, from $1.77B to $1.80B.
- What is the long-term trend for MPLX's service — revenue from contract with customer, excluding assessed tax?
- Over 4 years (2021 to 2025), MPLX's service — revenue from contract with customer, excluding assessed tax has grown at a 33.3% compound annual growth rate (CAGR), from $2.31B to $7.29B.
- What does service — revenue from contract with customer, excluding assessed tax mean?
- Total revenue generated from providing midstream services, excluding any pass-through taxes.