Calumet (CLMT) Cost of Revenue (2023 - 2026)
Calumet (CLMT) recorded Cost of Revenue of $1.43 billion in Q2 2026, up 33.3% from $1.07 billion a year earlier and up 27.7% from the prior quarter.
Calumet (CLMT) Cost of Revenue (2023 - 2026) Analysis & Trends
On a TTM basis, Calumet's Cost of Revenue came in at $4.29 billion as of Jun 30, 2026, up 4.5% year-over-year; for FY2025, it was $3.89 billion, down 1.7% from FY2024.
- Annual Cost of Revenue has a three-year compound annual growth rate of -3.5% (FY2022 to FY2025).
- Across earlier years, Cost of Revenue came in at $3.96 billion in FY2024 (+6.1%), $3.73 billion in FY2023 (-14.0%) and $4.33 billion in FY2022.
- The Q2 2026 figure is the highest quarterly Cost of Revenue in data going back to Q2 2023.
- On a year-over-year basis, Cost of Revenue has increased for three consecutive quarters, with growth averaging 6.5% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 33.3% in Q2 2026, against a decline of 35.7% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.12 billion (Q1 2026), $1.04 billion (Q4 2025) and $704.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 234.56 Bn | 217.67 Bn | 4.43 Bn | 4.86 Bn |
| 2 | Corning | 106.49 Bn | 99.63 Bn | 1.63 Bn | 2.88 Bn |
| 3 | Sherwin Williams | 81.85 Bn | 80.89 Bn | 3.34 Bn | 3.45 Bn |
| 4 | Air Products & Chemicals | 68.38 Bn | 66.28 Bn | 1.04 Bn | 2.13 Bn |
| 5 | LyondellBasell Industries | 42.93 Bn | 32.55 Bn | 2.04 Bn | 7.14 Bn |
| 6 | Nutrien | 33.61 Bn | 30.47 Bn | 3.25 Bn | 7.36 Bn |
| 7 | Ppg Industries | 24.59 Bn | 17.39 Bn | 1.81 Bn | 2.69 Bn |
| 8 | International Flavors & Fragrances | 24.03 Bn | 21.72 Bn | 853.00 Mn | 1.10 Bn |
| 9 | Dow | 23.60 Bn | 9.04 Bn | 1.38 Bn | 9.89 Bn |
| 10 | Calumet | 4.33 Bn | 4.11 Bn | 18.30 Mn | 1.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 704.30 Mn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 865.90 Mn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.07 Bn |
| Mar 31, 2024 | 927.30 Mn |
| Dec 31, 2023 | 954.40 Mn |
| Sep 30, 2023 | 887.90 Mn |
| Jun 30, 2023 | 946.30 Mn |
Calumet Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CLMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CLMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CLMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();