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

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

  • In Q1 2026, Cost of Revenue fell 2.43% year-over-year to $27.5 million; the TTM figure through Mar 2026 stood at $107.5 million (up 10.89% YoY), while the FY2025 annual figure was $108.2 million, up 13.78% from the prior year.
  • Cost of Revenue was $27.5 million for Q1 2026 at NCS Multistage Holdings, down from $29.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $29.5 million in Q4 2025 to a low of $16.9 million in Q2 2023.
  • Historically, Cost of Revenue has averaged $24.3 million across 5 years, with a median of $25.0 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 61.0% in 2022, then dropped 20.52% in 2023.
  • A 5-year view of Cost of Revenue shows it 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.
  • The last three Cost of Revenue figures came in at $27.5 million (Q1 2026), $29.5 million (Q4 2025), and $27.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 83.27 Bn 81.06 Bn 4.67 Bn 4.05 Bn
2 Baker Hughes 62.48 Bn 47.89 Bn 1.51 Bn 5.07 Bn
3 Halliburton 33.27 Bn 31.31 Bn 2.04 Bn 3.37 Bn
4 TechnipFMC 28.06 Bn 26.79 Bn 1.49 Bn 1.01 Bn
5 Enerflex 8.52 Bn 8.46 Bn - -
6 Nov 7.61 Bn 6.32 Bn 119.00 Mn 1.67 Bn
7 Weatherford International 7.05 Bn 6.00 Bn 876.00 Mn 276.00 Mn
8 Archrock 6.22 Bn 6.21 Bn 247.42 Mn 126.34 Mn
9 Kodiak Gas Services 5.71 Bn 5.62 Bn 222.88 Mn 122.88 Mn
10 NCS Multistage Holdings 140.49 Mn 125.01 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