TopBuild (BLD) Cost of Revenue (2014 - 2026)
TopBuild (BLD) reported Cost of Revenue of $1.0 billion for Q1 2026, up 18.58% on a YoY basis from $881.8 million in Q1 2025, and down 3.25% quarter-over-quarter from $1.1 billion in Q4 2025.
TopBuild (BLD) Cost of Revenue (2014 - 2026) Analysis & Trends
TopBuild has reported Cost of Revenue for 13 years, with the latest figure at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 18.58% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $4.0 billion (up 8.36% YoY), and the FY2025 full-year result was $3.8 billion, up 3.65% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.0 billion, down from $1.1 billion in the prior quarter.
- The five-year high for Cost of Revenue was $1.1 billion in Q4 2025, with the low at $837.7 million in Q1 2022.
- Historically, Cost of Revenue has averaged $923.7 million across 5 years, with a median of $903.4 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 53.7% — and 2025, when it retreated 4.07%.
- TopBuild's Cost of Revenue stood at $888.9 million in 2022, then increased by 0.68% to $895.0 million in 2023, then grew by 2.82% to $920.2 million in 2024, then grew by 17.44% to $1.1 billion in 2025, then declined by 3.25% to $1.0 billion in 2026.
- The last three Cost of Revenue figures came in at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $974.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.64 Bn | 97.37 Bn | 1.11 Bn | 6.77 Bn |
| 2 | Comfort Systems Usa | 60.31 Bn | 59.26 Bn | 754.41 Mn | 2.11 Bn |
| 3 | Emcor | 34.63 Bn | 33.72 Bn | 863.95 Mn | 3.76 Bn |
| 4 | Mastec | 26.26 Bn | 26.11 Bn | 477.90 Mn | 3.35 Bn |
| 5 | Sterling Infrastructure | 23.68 Bn | 23.18 Bn | 194.30 Mn | 631.38 Mn |
| 6 | APi | 17.88 Bn | 17.24 Bn | 620.00 Mn | 1.36 Bn |
| 7 | Jacobs Solutions | 14.38 Bn | 13.00 Bn | 794.89 Mn | 2.90 Bn |
| 8 | IES Holdings | 13.57 Bn | 13.32 Bn | 254.79 Mn | 719.50 Mn |
| 9 | Dycom Industries | 13.37 Bn | 12.66 Bn | - | - |
| 10 | TopBuild | 11.01 Bn | 10.74 Bn | 400.25 Mn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 1.08 Bn |
| Dec 31, 2025 | 1.08 Bn |
| Sep 30, 2025 | 974.24 Mn |
| Sep 30, 2025 | 974.24 Mn |
| Jun 30, 2025 | 903.36 Mn |
| Jun 30, 2025 | 903.36 Mn |
| Mar 31, 2025 | 881.81 Mn |
| Mar 31, 2025 | 881.81 Mn |
| Dec 31, 2024 | 920.17 Mn |
| Dec 31, 2024 | 920.17 Mn |
| Sep 30, 2024 | 951.46 Mn |
| Sep 30, 2024 | 951.46 Mn |
| Jun 30, 2024 | 941.69 Mn |
| Jun 30, 2024 | 941.69 Mn |
| Mar 31, 2024 | 891.57 Mn |
| Mar 31, 2024 | 891.57 Mn |
| Dec 31, 2023 | 894.96 Mn |
| Dec 31, 2023 | 894.96 Mn |