Natural Resource Partners (NRP) Cost of Revenue (2013 - 2026)
Natural Resource Partners (NRP) reported Cost of Revenue of $5.73 million for Q2 2026, up 37.8% from $4.16 million a year earlier but down 6.2% from the prior quarter.
Natural Resource Partners (NRP) Cost of Revenue (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Natural Resource Partners' Cost of Revenue came in at $24.76 million, down 9.5% year-over-year; for FY2025, it came in at $23.85 million, down 14.9% from FY2024.
- Cost of Revenue has declined for three consecutive years, with a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $28.04 million in FY2024 (-13.2%), $32.32 million in FY2023 (-7.4%), $34.9 million in FY2022 (+29.0%) and $27.05 million in FY2021 (+9.1%).
- Five-year quarterly Cost of Revenue spans a low of $4.16 million in Q2 2025 and a high of $10.02 million in Q2 2022.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with an average decline of 3.2%.
- The high point for year-over-year Cost of Revenue in five years was Q2 2026 (growth of 37.8%); the low point was Q4 2025 (a decline of 45.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.11 million (Q1 2026), $5.27 million (Q4 2025) and $7.65 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | - |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 36.61 Bn |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 64.53 Bn |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 38,308.00 |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 6.71 Bn |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | - |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | 1.81 Bn |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 43.66 Bn |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | - |
| 10 | Natural Resource Partners | 1.54 Bn | 1.41 Bn | 47.24 Mn | 5.73 Mn |
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 |
Natural Resource Partners Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();