Core & Main (CNM) Cost of Revenue (2020 - 2026)

Core & Main's Cost of Revenue history runs 7 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

• In Q1 2026, Cost of Revenue fell 7.54% year-over-year to $1.2 billion; the TTM figure through Feb 2026 stood at $5.6 billion (up 2.33% YoY), while the FY2026 annual figure was $5.6 billion, up 2.33% from the prior year.
• Cost of Revenue was $1.2 billion for Q1 2026 at Core & Main, down from $1.5 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.5 billion in Q3 2025 to a low of $919.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $1.3 billion across 5 years, with a median of $1.3 billion in 2022.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 47.49% in 2022, then declined 7.54% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $1.3 billion in 2022, then grew by 1.14% to $1.3 billion in 2023, then advanced by 12.15% to $1.5 billion in 2024, then grew by 0.4% to $1.5 billion in 2025, then retreated by 23.18% to $1.2 billion in 2026.
• The last three Cost of Revenue figures came in at $1.2 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.