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
DateValue
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