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Quarter ended Mar 31, 2025 · FY2025 Q1

ONEOK (OKE) Revenue — Quarter Ended Mar 31, 2025

Revenue increased this quarter compared to both the preceding quarter and the same quarter a year earlier. The growth was supported by recent acquisitions and joint venture formations.

Key takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue increased this quarter compared to both the preceding quarter and the same quarter a year earlier. The growth was supported by recent acquisitions and joint venture formations.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$8B

Revenue reported for this quarter.

Quarter-over-quarter

+14.9%

Change from the immediately preceding quarter.

Year-over-year

+68.2%

Change from the comparable year-ago quarter.

Trailing four quarters

$25B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2024$4.9B+31.1%
Sep 30, 2024$5B+19.9%
Dec 31, 2024$7B+33.7%
Mar 31, 2025$8B+68.2%

Revenue performance

The reported revenue rose from the prior quarter, continuing an upward trend seen over recent periods.

Quarterly comparison

Compared to the same quarter last year, revenue was significantly higher, reflecting the impact of business expansion activities.

What to watch

Monitor the integration of the recently acquired entities and the progress of the new joint venture projects.