Norfolk Southern (NSC) Cost of Revenue (2009 - 2026)

Norfolk Southern (NSC) has 18 years of Cost of Revenue data on file, last reported at $256.0 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $256.0 million, up 4.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 19.75% YoY), and the FY2025 annual result was $932.0 million, down 5.57% from the prior year.
• Cost of Revenue advanced to $256.0 million in Q1 2026 per NSC's latest filing, from $232.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $473.0 million in Q4 2022 and troughed at $163.0 million in Q3 2022.
• A 5-year average of $285.6 million and a median of $256.0 million in 2026 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 117.02% in 2022, then slumped 49.75% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $473.0 million in 2022, then tumbled by 35.94% to $303.0 million in 2023, then retreated by 24.09% to $230.0 million in 2024, then climbed by 0.87% to $232.0 million in 2025, then grew by 10.34% to $256.0 million in 2026.
• Business Quant data shows NSC's Cost of Revenue at $256.0 million in Q1 2026, $232.0 million in Q4 2025, and $237.0 million in Q3 2025.