NXT Energy Solutions (NSFDF) Cost of Revenue (2021 - 2026)
NXT Energy Solutions' (NSFDF) quarterly Cost of Revenue came in at $299804.9 in Q1 2026, down 81.55% YoY from $1.6 million in Q1 2025, and down 71.4% on a QoQ basis from $1.0 million in Q4 2025.
NXT Energy Solutions (NSFDF) Cost of Revenue (2021 - 2026) Analysis & Trends
NXT Energy Solutions (NSFDF) has 6 years of Cost of Revenue data on file, last reported at $299804.9 in 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 179.08% from the prior year.
- Cost of Revenue retreated to $299804.9 in Q1 2026, from $1.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.6 million in Q1 2025 to a low of $176748.8 in Q3 2022.
- A 5-year average of $522373.6 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 tumbled 81.55%.
- Tracing NSFDF's Cost of Revenue over 5 years: stood at $867970.9 in 2022, then slumped by 47.53% to $455434.1 in 2023, then surged by 54.68% to $704467.1 in 2024, then soared by 48.79% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | NXT Energy Solutions | 32.27 Mn | 31.02 Mn | - | 319,896.60 |
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 | 455,434.06 |
| Dec 31, 2023 | 455,434.06 |