In Q2 fiscal 2026 (the quarter ended June 30, 2026), Kinetik's largest business segment was Midstream Logistics, with $579.34 million or 99% of revenue, up 36.5% from a year earlier. Next: Pipeline Transportation (1%).
By product or service, Natural Gas, NGLs and Condensate Sales brought in 84%, Service brought in 15% and Other brought in 1% of revenue in Q2 fiscal 2026.
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2018.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Midstream Logistics | $579.3M | $407.7M | $461.6M | $424.3M | 99% |
| Pipeline Transportation | $8.7M | $9.1M | $8.1M | $10.1M | 1% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Product or service | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Natural Gas, NGLs and Condensate Sales | $490.8M | $312.2M | $357.6M | $311.6M | 84% |
| Service | $86.9M | $93.8M | $103.3M | $112.7M | 15% |
| Other | $3.7M | $4.0M | $3.0M | $2.5M | 1% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Midstream Logistics and Pipeline Transportation (as reported for Q2 fiscal 2026).
Midstream Logistics: $579.34 million, or 99% of revenue, in Q2 fiscal 2026.
By revenue in Q2 fiscal 2026: Natural Gas, NGLs and Condensate Sales (84%), Service (15%) and Other (1%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Midstream Logistics | USD 579.34M | 98.5% |
| Pipeline Transportation | USD 8.66M | 1.5% |
| Intersegment eliminationsi | -USD 6.56M |
Sum of items USD 588.00M; corporate items and eliminations -USD 6.56M. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Midstream Logistics | 579.3M | 407.7M | 428.0M | 461.6M | 424.3M | 440.9M | 383.2M | 394.2M | 356.9M | 339.3M | 344.3M | 329.5M | 295.5M | 280.3M | 294.4M | 324.4M | 335.6M | - 26.6M | 211.6M | 166.6M | 135.8M | 148.1M |
| Pipeline Transportation | 8.7M | 9.1M | 2.4M | 8.1M | 10.1M | 7.2M | 9.3M | 8.9M | 8.9M | 8.3M | 4.6M | 768.0K | 732.0K | 696.0K | 1.1M | 735.0K | 2.0K | 1.6M | 2.0K | 2.0K | 2.0K | 2.0K |