Natural Resource Partners (NRP) Cost of Revenue (2012 - 2026)
Natural Resource Partners (NRP) posted Cost of Revenue of $5.7 million for Q2 2026, down 6.25% on a QoQ basis from $6.1 million in Q1 2026, and up 37.8% year-over-year from $4.2 million in Q2 2025.
Analysis
Natural Resource Partners (NRP) Cost of Revenue (2012 - 2026) Analysis & Trends
Natural Resource Partners has reported Cost of Revenue for 10 years, with the latest figure at $5.7 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 37.8% year-over-year to $5.7 million in Q2 2026; TTM through Jun 2026 was $24.8 million, a 9.51% decrease from a year earlier, with the FY2025 full-year figure at $23.9 million, down 14.92% from the prior year.
- Cost of Revenue was $5.7 million for Q2 2026 at Natural Resource Partners, down from $6.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $10.0 million in Q2 2022, with the low at $4.2 million in Q2 2025.
- Average Cost of Revenue over 5 years is $7.3 million, with a median of $7.4 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue plunged 45.41% in 2025, then jumped 37.8% in 2026.
- Over 5 years, Cost of Revenue stood at $8.9 million in 2022, then retreated by 0.56% to $8.9 million in 2023, then increased by 8.81% to $9.6 million in 2024, then slumped by 45.41% to $5.3 million in 2025, then climbed by 8.85% to $5.7 million in 2026.
- The last three Cost of Revenue figures came in at $5.7 million (Q2 2026), $6.1 million (Q1 2026), and $5.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.06 Bn | 20.23 Bn | - | - |
| 2 | Black Stone Minerals | 3.15 Bn | 3.14 Bn | - | - |
| 3 | Kimbell Royalty Partners | 1.47 Bn | 1.43 Bn | - | - |
| 4 | Dorchester Minerals | 1.46 Bn | 1.39 Bn | - | - |
| 5 | Natural Resource Partners | 1.44 Bn | 1.41 Bn | 47.24 Mn | 5.73 Mn |
| 6 | Evolution Petroleum | 138.41 Mn | 130.18 Mn | 11.43 Mn | 12.78 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | - |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.73 Mn |
| Mar 31, 2026 | 6.11 Mn |
| Dec 31, 2025 | 5.27 Mn |
| Sep 30, 2025 | 7.65 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 6.78 Mn |
| Dec 31, 2024 | 9.65 Mn |
| Sep 30, 2024 | 6.79 Mn |
| Jun 30, 2024 | 5.87 Mn |
| Mar 31, 2024 | 5.73 Mn |
| Dec 31, 2023 | 8.86 Mn |
| Sep 30, 2023 | 8.36 Mn |
| Jun 30, 2023 | 7.93 Mn |
| Mar 31, 2023 | 7.16 Mn |
| Dec 31, 2022 | 8.91 Mn |
| Sep 30, 2022 | 7.90 Mn |
| Jun 30, 2022 | 10.02 Mn |
| Mar 31, 2022 | 8.08 Mn |
| Dec 31, 2021 | 7.97 Mn |
| Sep 30, 2021 | 8.35 Mn |