NXT Energy Solutions (NSFDF) Cost of Revenue (2009 - 2026)
NXT Energy Solutions (NSFDF) posted Cost of Revenue of $299804.9 for Q1 2026, down 71.4% on a QoQ basis from $1.0 million in Q4 2025, and down 81.55% year-over-year from $1.6 million in Q1 2025.
NXT Energy Solutions (NSFDF) Cost of Revenue (2009 - 2026) Analysis & Trends
NXT Energy Solutions' Cost of Revenue history runs 7 years deep, the most recent figure standing at $299804.9 for Q1 2026.
- Quarterly Cost of Revenue fell 81.55% year-over-year to $299804.9 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 million (changed 0.22% YoY) and the FY2025 annual result came in at $4.1 million, up 185.3% from the prior year.
- Cost of Revenue was $299804.9 for Q1 2026 at NXT Energy Solutions, down from $1.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.6 million in Q1 2025 and bottomed at $176748.8 in Q3 2022.
- A 5-year average of $537417.3 and a median of $345223.4 in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2025 — Cost of Revenue surged 393.51% — and 2026, when it slumped 81.55%.
- NXT Energy Solutions' Cost of Revenue stood at $867970.9 in 2022, then declined by 18.06% to $711176.6 in 2023, then decreased by 0.94% to $704467.1 in 2024, then surged by 48.79% to $1.0 million in 2025, then tumbled by 71.4% to $299804.9 in 2026.
- Business Quant data shows NSFDF's Cost of Revenue at $299804.9 in Q1 2026, $1.0 million in Q4 2025, and $506317.8 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 | NXT Energy Solutions | 15.09 Mn | 13.62 Mn | -221,195.80 | 299,804.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 299,804.90 |
| Mar 31, 2026 | 299,804.90 |
| Dec 31, 2025 | 1.05 Mn |
| Dec 31, 2025 | 1.05 Mn |
| Sep 30, 2025 | 506,317.82 |
| Sep 30, 2025 | 506,317.82 |
| Jun 30, 2025 | 914,984.22 |
| Jun 30, 2025 | 914,984.22 |
| Mar 31, 2025 | 1.63 Mn |
| Mar 31, 2025 | 1.63 Mn |
| Dec 31, 2024 | 704,467.14 |
| Dec 31, 2024 | 704,467.14 |
| Sep 30, 2024 | 248,348.23 |
| Sep 30, 2024 | 248,348.23 |
| Jun 30, 2024 | 185,402.62 |
| Jun 30, 2024 | 185,402.62 |
| Mar 31, 2024 | 542,128.54 |
| Mar 31, 2024 | 542,128.54 |
| Dec 31, 2023 | 711,176.56 |
| Dec 31, 2023 | 711,176.56 |