Nordic American Tankers (NAT) Cost of Revenue (2009 - 2026)

Nordic American Tankers' Cost of Revenue history runs 17 years deep, the most recent figure standing at $28.9 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 7.83% year-over-year to $28.9 million in Q1 2026; TTM through Mar 2026 was $194.7 million, a 8.75% decrease from a year earlier, with the FY2025 full-year figure at $109.9 million, down 11.85% from the prior year.
• Cost of Revenue retreated to $28.9 million in Q1 2026 per NAT's latest filing, from $109.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $124.6 million in Q4 2024 and bottomed at $26.6 million in Q2 2025.
• The 5-year median for Cost of Revenue is $33.4 million (2023), against an average of $43.7 million.
• Across the five-year window, Cost of Revenue sank 47.1% in 2023 and surged 272.63% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $39.1 million in 2022, then dropped by 14.47% to $33.4 million in 2023, then jumped by 272.63% to $124.6 million in 2024, then fell by 11.85% to $109.9 million in 2025, then slumped by 73.65% to $28.9 million in 2026.
• Per Business Quant, the three latest NAT Cost of Revenue figures stand at $28.9 million (Q1 2026), $109.9 million (Q4 2025), and $29.3 million (Q3 2025).