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
DateValue
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