NCS Multistage Holdings (NCSM) Cost of Revenue (2016 - 2026)

NCS Multistage Holdings' (NCSM) quarterly Cost of Revenue came in at $27.5 million in Q1 2026, down 2.43% year-on-year from $28.2 million in Q1 2025, and down 6.8% quarter-over-quarter from $29.5 million in Q4 2025.

NCS Multistage Holdings (NCSM) Cost of Revenue (2016 - 2026) Analysis & Trends

NCS Multistage Holdings' Cost of Revenue history runs 11 years deep, the most recent figure standing at $27.5 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 2.43% year-over-year to $27.5 million in Q1 2026; TTM through Mar 2026 was $107.5 million, a 10.89% increase from a year earlier, with the FY2025 full-year figure at $108.2 million, up 13.78% from the prior year.
  • Cost of Revenue fell to $27.5 million in Q1 2026 per NCSM's latest filing, from $29.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $29.5 million in Q4 2025 and bottomed at $16.9 million in Q2 2023.
  • The 5-year median for Cost of Revenue is $25.0 million (2023), against an average of $24.3 million.
  • Across the five-year window, Cost of Revenue jumped 61.0% in 2022 and fell 20.52% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $24.1 million in 2022, then slipped by 7.25% to $22.4 million in 2023, then increased by 14.57% to $25.6 million in 2024, then advanced by 15.05% to $29.5 million in 2025, then retreated by 6.8% to $27.5 million in 2026.
  • Per Business Quant, the three latest NCSM Cost of Revenue figures stand at $27.5 million (Q1 2026), $29.5 million (Q4 2025), and $27.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 3.34 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 2.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 855.20 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 3.37 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 1.67 Bn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 329.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 126.34 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 565.16 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 122.88 Mn
10 NCS Multistage Holdings 124.09 Mn 89.63 Mn 18.17 Mn 27.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.47 Mn
Mar 31, 2026 27.47 Mn
Dec 31, 2025 29.47 Mn
Dec 31, 2025 29.47 Mn
Sep 30, 2025 27.13 Mn
Sep 30, 2025 27.13 Mn
Jun 30, 2025 23.46 Mn
Jun 30, 2025 23.46 Mn
Mar 31, 2025 28.15 Mn
Mar 31, 2025 28.15 Mn
Dec 31, 2024 25.62 Mn
Dec 31, 2024 25.62 Mn
Sep 30, 2024 25.47 Mn
Sep 30, 2024 25.47 Mn
Jun 30, 2024 17.72 Mn
Jun 30, 2024 17.72 Mn
Mar 31, 2024 26.29 Mn
Mar 31, 2024 26.29 Mn
Dec 31, 2023 22.36 Mn
Dec 31, 2023 22.36 Mn