National Fuel Gas (NFG) Cost of Revenue (2017 - 2026)

National Fuel Gas (NFG) posted Cost of Revenue of $29.9 million for Q2 2026, down 85.63% sequentially from $207.9 million in Q1 2026, and up 6.76% YoY from $28.0 million in Q2 2025.

National Fuel Gas (NFG) Cost of Revenue (2017 - 2026) Analysis & Trends

National Fuel Gas has reported Cost of Revenue for 10 years, with the latest figure at $29.9 million in Q2 2026.

  • Quarterly Cost of Revenue rose 6.76% year-over-year to $29.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $308.1 million (up 45.83% YoY) and the FY2025 annual result came in at $213.4 million, up 42.24% from the prior year.
  • Cost of Revenue slipped to $29.9 million in Q2 2026 per NFG's latest filing, from $207.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $243.8 million in Q1 2023 and troughed at -$17.4 million in Q3 2024.
  • A 5-year average of $78.6 million and a median of $60.9 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 541.63% in 2022, then plunged 156.12% in 2023.
  • Over 5 years, Cost of Revenue stood at $171.2 million in 2022, then tumbled by 66.97% to $56.6 million in 2023, then increased by 15.53% to $65.3 million in 2024, then jumped by 31.02% to $85.6 million in 2025, then plunged by 65.1% to $29.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $29.9 million, $207.9 million, and $85.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.20 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 28.27 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 64.53 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 4.56 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 38.31 Bn
10 National Fuel Gas 7.86 Bn 6.63 Bn 507.62 Mn 29.88 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 29.88 Mn
Jun 30, 2026 29.88 Mn
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