Esab (ESAB) Cost of Revenue (2021 - 2026)
Esab (ESAB) posted quarterly Cost of Revenue of $463.2 million for Q4 2025, up 12.31% year-over-year from $412.4 million in Q4 2024, and up 1.01% quarter-over-quarter from $458.5 million in Q4 2025.
Esab (ESAB) Cost of Revenue (2021 - 2026) Analysis & Trends
Esab (ESAB) has reported Cost of Revenue for 5 consecutive years, with $463.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue rose 12.31% year-over-year to $463.2 million; the TTM figure through Dec 2025 stood at $1.8 billion (up 5.33% YoY), while the FY2025 annual figure was $1.8 billion, up 5.33% from the prior year.
- Cost of Revenue improved to $463.2 million in Q4 2025 per ESAB's latest filing, from $458.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $463.2 million in Q4 2025 and bottomed at $368.3 million in Q2 2021.
- Historically, Cost of Revenue has averaged $427.7 million across 5 years, with a median of $432.5 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 15.0% — and 2024, when it declined 5.11%.
- Esab's Cost of Revenue stood at $411.4 million in 2021, then grew by 6.88% to $439.7 million in 2022, then fell by 1.16% to $434.6 million in 2023, then slipped by 5.11% to $412.4 million in 2024, then gained by 12.31% to $463.2 million in 2025.
- Business Quant data shows ESAB's Cost of Revenue at $463.2 million in Q4 2025, $458.5 million in Q4 2025, and $449.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn | 951.30 Mn |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn | 582.10 Mn |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn | 1.03 Bn |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn | 2.03 Bn |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn | 500.42 Mn |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - | - |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn | 269.57 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn | 80.00 Mn |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn | 1.65 Bn |
| 10 | Insteel Industries | 601.65 Mn | 578.70 Mn | 20.10 Mn | 177.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 500.42 Mn |
| Jul 3, 2026 | 500.42 Mn |
| Dec 31, 2025 | 463.19 Mn |
| Dec 31, 2025 | 463.19 Mn |
| Oct 3, 2025 | 458.55 Mn |
| Oct 3, 2025 | 458.55 Mn |
| Jul 4, 2025 | 449.54 Mn |
| Jul 4, 2025 | 449.54 Mn |
| Apr 4, 2025 | 422.94 Mn |
| Apr 4, 2025 | 422.94 Mn |
| Dec 31, 2024 | 412.43 Mn |
| Dec 31, 2024 | 412.43 Mn |
| Sep 27, 2024 | 419.46 Mn |
| Sep 27, 2024 | 419.46 Mn |
| Jun 28, 2024 | 436.74 Mn |
| Jun 28, 2024 | 436.74 Mn |
| Mar 29, 2024 | 434.72 Mn |
| Mar 29, 2024 | 434.72 Mn |
| Dec 31, 2023 | 434.62 Mn |
| Dec 31, 2023 | 434.62 Mn |