North American Construction (NOA) Cost of Revenue (2009 - 2026)
North American Construction (NOA) posted Cost of Revenue of $160.7 million for Q1 2026, down 24.98% on a QoQ basis from $214.2 million in Q4 2025, and down 4.8% year-over-year from $168.8 million in Q1 2025.
North American Construction (NOA) Cost of Revenue (2009 - 2026) Analysis & Trends
North American Construction's Cost of Revenue history runs 18 years deep, the most recent figure standing at $160.7 million for Q1 2026.
- Quarterly Cost of Revenue fell 4.8% year-over-year to $160.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $699.6 million (up 8.04% YoY) and the FY2025 annual result came in at $647.6 million, up 15.02% from the prior year.
- Cost of Revenue was $160.7 million for Q1 2026 at North American Construction, down from $214.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $220.7 million in Q4 2023 and bottomed at $97.9 million in Q1 2022.
- A 5-year average of $148.0 million and a median of $145.2 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue slipped 18.82% — and 2023, when it surged 42.4%.
- North American Construction's Cost of Revenue stood at $155.0 million in 2022, then jumped by 42.4% to $220.7 million in 2023, then slipped by 2.44% to $215.3 million in 2024, then declined by 0.49% to $214.2 million in 2025, then slipped by 24.98% to $160.7 million in 2026.
- Business Quant data shows NOA's Cost of Revenue at $160.7 million in Q1 2026, $214.2 million in Q4 2025, and $158.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | North American Construction | 399.49 Mn | 520.61 Mn | 31.22 Mn | 160.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 160.71 Mn |
| Mar 31, 2026 | 160.71 Mn |
| Dec 31, 2025 | 214.22 Mn |
| Dec 31, 2025 | 214.22 Mn |
| Sep 30, 2025 | 158.43 Mn |
| Sep 30, 2025 | 158.43 Mn |
| Jun 30, 2025 | 166.21 Mn |
| Jun 30, 2025 | 166.21 Mn |
| Mar 31, 2025 | 168.81 Mn |
| Mar 31, 2025 | 168.81 Mn |
| Dec 31, 2024 | 215.29 Mn |
| Dec 31, 2024 | 215.29 Mn |
| Sep 30, 2024 | 129.78 Mn |
| Sep 30, 2024 | 129.78 Mn |
| Jun 30, 2024 | 133.66 Mn |
| Jun 30, 2024 | 133.66 Mn |
| Mar 31, 2024 | 145.21 Mn |
| Mar 31, 2024 | 145.21 Mn |
| Dec 31, 2023 | 220.67 Mn |
| Dec 31, 2023 | 220.67 Mn |