KINDER MORGAN, INC. (KMI) FY2026 Q2 P&L / Income Statement

Revenue by Business Segment (8 categories)

2026-04-01 to 2026-06-30

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KINDER MORGAN, INC. (KMI) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETNatural Gas PipelinesProducts PipelinesTerminalsCO2RevenuesRevenue before reconciliation (calculated)Natural Gas PipelinesTerminalsGross profit (calculated)Cost of revenue (calculated)Costs of sales (exclusive of items shown separately below)Operating IncomeOperating expenses (calculated)Operations and maintenanceDepreciation, depletion, and amortizationGeneral and administrativeTaxes, other than income taxesOther income, netIncome Before Income TaxesTotal Other ExpenseNet IncomeIncome Tax ExpenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$4.49 BGross profit (calculated)Gross profit(calculated)$3.07 BIncome Before Income TaxesIncome BeforeIncome Taxes$1.17 BRevenuesRevenues$4.48 BOperating IncomeOperating Income$1.35 BNet IncomeNet Income$894.00 MNatural Gas PipelinesNatural Gas Pipelines$2.67 BOperating expenses (calculated)Operating expenses(calculated)$1.73 BIncome Tax ExpenseIncome Tax Expense$272.00 MTotal Other ExpenseTotal Other Expense−$180.00 MOperations and maintenanceOperations and maintenance$806.00 MProducts PipelinesProducts Pipelines$902.00 MCost of revenue (calculated)Cost of revenue(calculated)$1.41 BDepreciation, depletion, and amortizationDepreciation, depletion,and amortization$620.00 MTerminalsTerminals$558.00 MGeneral and administrativeGeneral and administrative$192.00 MCO2CO2$355.00 MCosts of sales (exclusive of items shown separately below)Costs of sales$1.41 BTaxes, other than income taxesTaxes, other than income taxes$120.00 MNatural Gas PipelinesNatural Gas Pipelines−$7.00 MOther income, netOther income, net−$12.00 MTerminalsTerminals−$2.00 M
Chart details

KINDER MORGAN, INC. (KMI) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
4,477,000,000 US dollars
Cost of revenue (calculated)
1,405,000,000 US dollars
Gross profit (calculated)
3,072,000,000 US dollars
Operating expenses (calculated)
1,726,000,000 US dollars
Operating Income
1,346,000,000 US dollars
Total Other Expense
negative 180,000,000 US dollars
Income Before Income Taxes
1,166,000,000 US dollars
Income Tax Expense
272,000,000 US dollars
Net Income
894,000,000 US dollars
Natural Gas Pipelines
2,671,000,000 US dollars
Products Pipelines
902,000,000 US dollars
Terminals
558,000,000 US dollars
CO2
355,000,000 US dollars
Costs of sales (exclusive of items shown separately below)
1,405,000,000 US dollars
General and administrative
192,000,000 US dollars
Other income, net
negative 12,000,000 US dollars
Taxes, other than income taxes
120,000,000 US dollars
Operations and maintenance
806,000,000 US dollars
Depreciation, depletion, and amortization
620,000,000 US dollars
Revenue before reconciliation (calculated)
4,486,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Natural Gas Pipelines
negative 7,000,000 US dollars. Reported reconciliation to consolidated revenue.
Products Pipelines
0 US dollars. Reported reconciliation to consolidated revenue.
Terminals
negative 2,000,000 US dollars. Reported reconciliation to consolidated revenue.
CO2
0 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to KINDER MORGAN, INC.: $867.00 M; to noncontrolling interests: $27.00 M.
KINDER MORGAN, INC. (KMI) FY2026 Q2 Revenue by Business Segment (8 categories) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

68.6%

Gross profit / revenue

Operating margin

30.1%

Operating profit / revenue

Cash conversion

219.2%

Operating cash / net income, same period

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