National Fuel Gas (NFG) Cost of Revenue (2009 - 2026)

National Fuel Gas (NFG) posted Cost of Revenue of $207.9 million for Q1 2026, up 142.8% sequentially from $85.6 million in Q4 2025, and up 53.58% YoY from $135.3 million in Q1 2025.

National Fuel Gas (NFG) Cost of Revenue (2009 - 2026) Analysis & Trends

National Fuel Gas (NFG) has 18 years of Cost of Revenue data on file, last reported at $207.9 million in Q1 2026.

  • Quarterly Cost of Revenue rose 53.58% year-over-year to $207.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $306.2 million (up 62.67% YoY) and the FY2025 annual result came in at $213.4 million, up 42.24% from the prior year.
  • Cost of Revenue advanced to $207.9 million in Q1 2026 per NFG's latest filing, from $85.6 million in the prior quarter.
  • The five-year high for Cost of Revenue was $243.8 million in Q1 2023, with the low at -$17.4 million in Q3 2024.
  • Average Cost of Revenue over 5 years is $81.5 million, with a median of $65.3 million recorded in 2024.
  • Year-over-year, Cost of Revenue soared 541.63% in 2022 and slumped 156.12% in 2023.
  • National Fuel Gas' Cost of Revenue stood at $171.2 million in 2022, then plunged by 66.97% to $56.6 million in 2023, then rose by 15.53% to $65.3 million in 2024, then surged by 31.02% to $85.6 million in 2025, then surged by 142.8% to $207.9 million in 2026.
  • Business Quant data shows NFG's Cost of Revenue at $207.9 million in Q1 2026, $85.6 million in Q4 2025, and -$15.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn 12.20 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 429.00 Mn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 27,347.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 28.27 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn - -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 207.85 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 30.49 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 10.01 Mn
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 389,601.00

Historic Data

Download Data
DateValue
Mar 31, 2026 207.85 Mn
Mar 31, 2026 207.85 Mn
Dec 31, 2025 85.61 Mn
Dec 31, 2025 85.61 Mn
Sep 30, 2025 -15.22 Mn
Sep 30, 2025 -15.22 Mn
Jun 30, 2025 27.99 Mn
Jun 30, 2025 27.99 Mn
Mar 31, 2025 135.34 Mn
Mar 31, 2025 135.34 Mn
Dec 31, 2024 65.34 Mn
Dec 31, 2024 65.34 Mn
Sep 30, 2024 -17.38 Mn
Sep 30, 2024 -17.38 Mn
Jun 30, 2024 4.95 Mn
Jun 30, 2024 4.95 Mn
Mar 31, 2024 105.94 Mn
Mar 31, 2024 105.94 Mn
Dec 31, 2023 56.55 Mn
Dec 31, 2023 56.55 Mn