NCS Multistage Holdings (NCSM) Gross Margin (2016 - 2026)

NCS Multistage Holdings' Gross Margin history runs 11 years deep, the most recent figure standing at 39.82% for Q1 2026.

• On a quarterly basis, Gross Margin fell 389.0% year-over-year to 39.82% in Q1 2026; TTM through Mar 2026 was 40.02%, a 251.0% decrease from a year earlier, with the FY2025 full-year figure at 41.08%, down 42.0% from the prior year.
• Gross Margin retreated to 39.82% in Q1 2026 per NCSM's latest filing, from 41.79% in the prior quarter.
• Across five years, Gross Margin topped out at 43.71% in Q1 2025 and bottomed at 32.56% in Q2 2022.
• The 5-year median for Gross Margin is 40.32% (2024), against an average of 39.67%.
• Across the five-year window, Gross Margin jumped 699 bps in 2024 and sank 466 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 40.01% in 2022, then fell by 9 bps to 36.56% in 2023, then climbed by 18 bps to 43.08% in 2024, then decreased by 3 bps to 41.79% in 2025, then decreased by 5 bps to 39.82% in 2026.
• Per Business Quant, the three latest NCSM Gross Margin figures stand at 39.82% (Q1 2026), 41.79% (Q4 2025), and 41.71% (Q3 2025).