Growth Metrics

Mastec (MTZ) Cost of Revenue (2016 - 2025)

Mastec (MTZ) has disclosed Cost of Revenue for 16 consecutive years, with $3.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 15.67% to $3.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $12.5 billion, a 17.15% increase, with the full-year FY2025 number at $12.5 billion, up 17.15% from a year prior.
  • Cost of Revenue was $3.4 billion for Q4 2025 at Mastec, roughly flat from $3.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.4 billion in Q4 2025 to a low of $1.5 billion in Q1 2021.
  • A 5-year average of $2.5 billion and a median of $2.5 billion in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: skyrocketed 69.12% in 2022, then dropped 2.37% in 2024.
  • Mastec's Cost of Revenue stood at $1.6 billion in 2021, then soared by 69.12% to $2.6 billion in 2022, then grew by 10.44% to $2.9 billion in 2023, then grew by 1.86% to $3.0 billion in 2024, then increased by 15.67% to $3.4 billion in 2025.
  • Per Business Quant, the three most recent readings for MTZ's Cost of Revenue are $3.4 billion (Q4 2025), $3.4 billion (Q3 2025), and $3.1 billion (Q2 2025).