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Norfolk Southern (NSC) Cost of Revenue (2016 - 2025)

Norfolk Southern (NSC) has disclosed Cost of Revenue for 17 consecutive years, with $232.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 0.87% to $232.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $932.0 million, a 3.21% increase, with the full-year FY2025 number at $932.0 million, down 5.57% from a year prior.
  • Cost of Revenue was $232.0 million for Q4 2025 at Norfolk Southern, up from -$110.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $409.0 million in Q2 2025 to a low of -$110.0 million in Q3 2025.
  • A 5-year average of $231.8 million and a median of $247.5 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 1511.54% in 2022, then plummeted 150.93% in 2025.
  • Norfolk Southern's Cost of Revenue stood at -$26.0 million in 2021, then surged by 1511.54% to $367.0 million in 2022, then fell by 17.44% to $303.0 million in 2023, then decreased by 24.09% to $230.0 million in 2024, then grew by 0.87% to $232.0 million in 2025.
  • Per Business Quant, the three most recent readings for NSC's Cost of Revenue are $232.0 million (Q4 2025), -$110.0 million (Q3 2025), and $409.0 million (Q2 2025).