NCS Multistage Holdings (NCSM) Gross Margin (2016 - 2026)
NCS Multistage Holdings (NCSM) reported Gross Margin of 36.35% for Q2 2026, up 0.70 percentage points from 35.66% a year earlier but down 3.46 percentage points from the prior quarter.
NCS Multistage Holdings (NCSM) Gross Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NCS Multistage Holdings' Gross Margin came in at 40.12%, down 1.35 percentage points year-over-year; for FY2025, it was 41.08%, down 0.42 percentage points from FY2024.
- Gross Margin has a five-year change of -0.12 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 41.50% in FY2024 (+2.47 pp), 39.03% in FY2023 (+0.22 pp), 38.81% in FY2022 (-2.09 pp) and 40.91% in FY2021 (-0.29 pp).
- Five-year quarterly Gross Margin spans a low of 32.56% in Q2 2022 and a high of 45.59% in Q3 2021.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of +0.21 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 8.17 percentage points); the low point was Q2 2025 (a drop of 4.66 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 39.82% (Q1 2026), 41.79% (Q4 2025) and 41.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 33.25% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 37.06% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 30.14% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 22.94% |
| 10 | NCS Multistage Holdings | 140.02 Mn | 32.76 Mn | 13.95 Mn | 36.35% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.35% |
| Mar 31, 2026 | 39.82% |
| Dec 31, 2025 | 41.79% |
| Sep 30, 2025 | 41.71% |
| Jun 30, 2025 | 35.66% |
| Mar 31, 2025 | 43.71% |
| Dec 31, 2024 | 43.08% |
| Sep 30, 2024 | 42.11% |
| Jun 30, 2024 | 40.32% |
| Mar 31, 2024 | 40.06% |
| Dec 31, 2023 | 36.56% |
| Sep 30, 2023 | 41.05% |
| Jun 30, 2023 | 33.33% |
| Mar 31, 2023 | 42.57% |
| Dec 31, 2022 | 40.01% |
| Sep 30, 2022 | 41.90% |
| Jun 30, 2022 | 32.56% |
| Mar 31, 2022 | 38.12% |
| Dec 31, 2021 | 44.11% |
| Sep 30, 2021 | 45.59% |
NCS Multistage Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NCSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();