Ppg Industries (PPG) Cost of Revenue (2009 - 2026)
Ppg Industries' Cost of Revenue came in at $2.69 billion for Q2 2026, up 10.5% from $2.43 billion a year earlier and up 18.1% from the prior quarter.
Ppg Industries (PPG) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ppg Industries reported Cost of Revenue of $9.7 billion, up 5.8% year-over-year; for FY2025, it was $9.32 billion, up 0.7% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 3.7% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $9.25 billion in FY2024 (-4.4%), $9.68 billion in FY2023 (-3.0%), $9.98 billion in FY2022 (-3.0%) and $10.29 billion in FY2021 (+32.3%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue since Q3 2023.
- Year-over-year, Cost of Revenue has increased for four consecutive quarters, with growth averaging 7.2% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2024 (growth of 51.4%), and the weakest in Q4 2022 (a decline of 44.2%).
- Business Quant data shows PPG's Cost of Revenue at $2.28 billion (Q1 2026), $2.32 billion (Q4 2025) and $2.43 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 4.86 Bn |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 2.88 Bn |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 3.45 Bn |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 2.13 Bn |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 7.14 Bn |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 7.36 Bn |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 951.30 Mn |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 763.00 Mn |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 2.69 Bn |
| 10 | International Flavors & Fragrances | 23.27 Bn | 20.93 Bn | 853.00 Mn | 1.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 Bn |
| Mar 31, 2026 | 2.28 Bn |
| Dec 31, 2025 | 2.32 Bn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 2.43 Bn |
| Mar 31, 2025 | 2.14 Bn |
| Dec 31, 2024 | 2.22 Bn |
| Sep 30, 2024 | 2.38 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 2.21 Bn |
| Dec 31, 2023 | 1.46 Bn |
| Sep 30, 2023 | 2.75 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 2.60 Bn |
| Dec 31, 2022 | 1.50 Bn |
| Sep 30, 2022 | 2.82 Bn |
| Jun 30, 2022 | 2.95 Bn |
| Mar 31, 2022 | 2.70 Bn |
| Dec 31, 2021 | 2.69 Bn |
| Sep 30, 2021 | 2.73 Bn |
Ppg Industries Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();