OKE Q4 2025 Earnings — ONEOK, Inc. Revenue & Financial Results | Market Cap Arena

OKEONEOK, Inc.

$54B

Q4 2025 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$9.1B+29.5% YoY

Gross Profit

$2.7B29.4% margin

Operating Income

$2.7B29.7% margin

Net Income

$979M10.8% margin

EPS (Diluted)

$1.55

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$5.6B

Free Cash Flow

$2.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$66.6B

Total Liabilities

$44.1B

Stockholders' Equity

$22.5B

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.1B	$7.0B	+29.5%
Gross Profit	$2.7B	$2.2B	+23.6%
Operating Income	$2.7B	$1.6B	+71.8%
Net Income	$979M	$923M	+6.1%

Revenue Segments

Refined Products and Crude Oil

$4.0B41%

Natural Gas Liquids

$4.0B41%

Natural Gas Gathering And Processing

$1.8B18%