Total Cost of Revenue
Western Midstream Partners Total Cost of Revenue increased by 43.7% to $102.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 148.0%, from $41.49M to $102.88M. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows a downward trend with a -10.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease relative to revenue suggests improved operational efficiency, while an increase may indicate rising input costs or operational inefficiencies.
Detailed definition
Includes all direct costs attributable to the production of the services or products sold by the company, such as gather...
Peer comparison
Standard metric; peers in the midstream sector report this as cost of product or direct operating expenses.
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 | $78.04M | $83.23M | $72.04M | $72.85M | $148.56M | $106.83M | $92.66M | $51.46M | $44.75M | $27.59M | $40.8M | $46.08M | $54.01M | $32.85M | $39.32M | $41.49M | $42.68M | $51.19M | $71.62M | $102.88M |
| QoQ Change | — | +6.6% | -13.4% | +1.1% | +103.9% | -28.1% | -13.3% | -44.5% | -13.0% | -38.3% | +47.9% | +12.9% | +17.2% | -39.2% | +19.7% | +5.5% | +2.9% | +19.9% | +39.9% | +43.7% |
| YoY Change | — | — | — | — | +90.3% | +28.4% | +28.6% | -29.4% | -69.9% | -74.2% | -56.0% | -10.5% | +20.7% | +19.1% | -3.6% | -10.0% | -21.0% | +55.8% | +82.2% | +148.0% |
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Western Midstream Partners's total cost of revenue?
- Western Midstream Partners (WES) reported total cost of revenue of $102.88M in Q1 2026.
- How has Western Midstream Partners's total cost of revenue changed year-over-year?
- Western Midstream Partners's total cost of revenue increased by 148.0% year-over-year, from $41.49M to $102.88M.
- What is the long-term trend for Western Midstream Partners's total cost of revenue?
- Over 4 years (2021 to 2025), Western Midstream Partners's total cost of revenue has grown at a -10.5% compound annual growth rate (CAGR), from $322.29M to $206.98M.
- What does total cost of revenue mean?
- The direct costs incurred to provide the services or products that generated the company's revenue.