Mesabi Trust (MSB) Cost of Revenue (2017 - 2026)

Mesabi Trust (MSB) has reported Cost of Revenue for 10 consecutive years, with $1.2 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 4.99% year-over-year to $1.2 million; the trailing twelve-month figure through Apr 2026 stood at $3.7 million (up 1.43% YoY), and the FY2026 full-year result was $3.7 million, down 31.31% from the prior year.
• Cost of Revenue advanced to $1.2 million in Q2 2026 per MSB's latest filing, from $865820.0 in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.8 million in Q2 2024 and bottomed at $490560.0 in Q3 2022.
• Historically, Cost of Revenue has averaged $942122.3 across 5 years, with a median of $824348.5 in 2023.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 235.08% in 2024, then sank 60.12% in 2025.
• Over 5 years, Cost of Revenue stood at $498373.0 in 2022, then surged by 62.53% to $810000.0 in 2023, then declined by 16.5% to $676315.0 in 2024, then gained by 21.69% to $822987.0 in 2025, then soared by 40.76% to $1.2 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 million, $865820.0, and $822987.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.