NXT Energy Solutions (NSFDF) Cost of Revenue (2022 - 2026)

NXT Energy Solutions has reported Cost of Revenue for 5 years, with the latest figure at $299804.9 in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 81.55% year-over-year to $299804.9; the trailing twelve-month figure through Mar 2026 stood at $2.8 million (up 8.21% YoY), and the FY2025 full-year result was $4.1 million, up 185.3% from the prior year.
• Cost of Revenue for Q1 2026 stood at $299804.9, down from $1.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.6 million in Q1 2025, with the low at $150207.1 in Q4 2022.
• Historically, Cost of Revenue has averaged $496698.0 across 5 years, with a median of $299804.9 in 2026.
• Annual changes were most pronounced in 2023 — Cost of Revenue soared 526.39% — and 2026, when it tumbled 81.55%.
• NXT Energy Solutions' Cost of Revenue stood at $150207.1 in 2022, then soared by 526.39% to $940886.4 in 2023, then slumped by 46.83% to $500294.1 in 2024, then surged by 109.51% to $1.0 million in 2025, then sank by 71.4% to $299804.9 in 2026.
• The last three Cost of Revenue figures came in at $299804.9 (Q1 2026), $1.0 million (Q4 2025), and $506317.8 (Q3 2025), per Business Quant data.