NCS Multistage Holdings (NCSM) Cost of Revenue (2016 - 2026)
NCS Multistage Holdings (NCSM) posted quarterly Cost of Revenue of $24.4 million for Q2 2026, up 4.1% year-over-year from $23.5 million in Q2 2025, and down 11.1% on a QoQ basis from $27.5 million in Q1 2026.
NCS Multistage Holdings (NCSM) Cost of Revenue (2016 - 2026) Analysis & Trends
NCS Multistage Holdings has reported Cost of Revenue for 11 years, with the latest figure at $24.4 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $24.4 million, up 4.1% year-over-year; the trailing twelve-month figure through Jun 2026 was $108.5 million (up 5.63% YoY), and the FY2025 annual result was $108.2 million, up 13.78% from the prior year.
- Cost of Revenue declined to $24.4 million in Q2 2026, from $27.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $29.5 million in Q4 2025 and troughed at $16.9 million in Q2 2023.
- A 5-year average of $24.3 million and a median of $24.7 million in 2023 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue surged 61.0%; it then retreated 20.52% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $24.1 million in 2022, then decreased by 7.25% to $22.4 million in 2023, then grew by 14.57% to $25.6 million in 2024, then gained by 15.05% to $29.5 million in 2025, then declined by 17.15% to $24.4 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $24.4 million in Q2 2026, $27.5 million in Q1 2026, and $29.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | NCS Multistage Holdings | 132.80 Mn | 122.02 Mn | 13.95 Mn | 24.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.42 Mn |
| Jun 30, 2026 | 24.42 Mn |
| 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 |