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

National Fuel Gas has disclosed Cost of Revenue across 18 years of filings, most recently posting $207.9 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $207.9 million, up 53.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $306.2 million (up 62.67% YoY), and the FY2025 annual result was $213.4 million, up 42.24% from the prior year.
• Cost of Revenue came in at $207.9 million for Q1 2026 at National Fuel Gas, up from $85.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $243.8 million in Q1 2023 to a low of -$17.4 million in Q3 2024.
• The 5-year median for Cost of Revenue is $65.3 million (2024), against an average of $81.5 million.
• Across the five-year window, Cost of Revenue surged 541.63% in 2022 and plunged 156.12% in 2023, its largest moves.
• National Fuel Gas' Cost of Revenue stood at $171.2 million in 2022, then tumbled by 66.97% to $56.6 million in 2023, then climbed 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.
• The last three Cost of Revenue figures came in at $207.9 million (Q1 2026), $85.6 million (Q4 2025), and -$15.2 million (Q3 2025), per Business Quant data.