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| 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 |