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| Date | Value |
|---|---|
| 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 |