Revenue Growth Driven by Higher Natural Gas Demand
Total revenue increased 13.8% YoY from $4.24B to $4.83B in Q1 FY2026, reflecting stronger natural gas transportation and storage volumes amid elevated energy demand across KMI's pipeline network.
KINDER MORGAN, INC. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Kinder Morgan delivered a strong Q1 FY2026 with revenue rising 13.8% YoY to $4.83B and net income surging 36.1% to $976M, driven by higher natural gas volumes and improved operating leverage.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue increased 13.8% YoY from $4.24B to $4.83B in Q1 FY2026, reflecting stronger natural gas transportation and storage volumes amid elevated energy demand across KMI's pipeline network.
Operating margin improved approximately 290 basis points YoY from 27.0% to 29.9%, as revenue growth outpaced cost increases, demonstrating meaningful operating leverage in KMI's largely fee-based business model.
Net income jumped 36.1% YoY to $976M and diluted EPS rose 37.5% from $0.32 to $0.44, reflecting both operational improvement and relatively stable share count, signaling strong bottom-line execution.
Revenue
$4.83B
++13.84% YoY
EPS (Basic)
$0.44
++37.50% YoY
Operating Income
$1.44B
++26.11% YoY
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