QS Energy (QSEP) Cost of Revenue (2020 - 2026)

QS Energy (QSEP) recorded quarterly Cost of Revenue of $735000.0 in Q1 2026, down 41.76% quarter-over-quarter from $1.3 million in Q4 2025, and down 92.27% on a YoY basis from $9.5 million in Q1 2025.

QS Energy (QSEP) Cost of Revenue (2020 - 2026) Analysis & Trends

QS Energy's Cost of Revenue history runs 7 years deep, the most recent figure standing at $735000.0 for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 92.27% year-over-year to $735000.0; the TTM figure through Mar 2026 stood at $4.5 million (down 57.1% YoY), while the FY2025 annual figure was $13.3 million, up 861.16% from the prior year.
  • Cost of Revenue was $735000.0 for Q1 2026 at QS Energy, down from $1.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $9.5 million in Q1 2025 to a low of $90000.0 in Q2 2022.
  • Historically, Cost of Revenue has averaged $993235.3 across 5 years, with a median of $231000.0 in 2024.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue surged 2817.79% in 2025, then tumbled 92.27% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $261000.0 in 2022, then slumped by 31.03% to $180000.0 in 2023, then jumped by 248.33% to $627000.0 in 2024, then surged by 101.28% to $1.3 million in 2025, then plunged by 41.76% to $735000.0 in 2026.
  • The last three Cost of Revenue figures came in at $735000.0 (Q1 2026), $1.3 million (Q4 2025), and $646000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 4.05 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 5.07 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 3.37 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 1.67 Bn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 276.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 126.34 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 122.88 Mn
10 QS Energy - - -735,000.00 735,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 735,000.00
Mar 31, 2026 735,000.00
Dec 31, 2025 1.26 Mn
Dec 31, 2025 1.26 Mn
Sep 30, 2025 646,000.00
Sep 30, 2025 646,000.00
Jun 30, 2025 1.89 Mn
Jun 30, 2025 1.89 Mn
Mar 31, 2025 9.51 Mn
Mar 31, 2025 9.51 Mn
Dec 31, 2024 627,000.00
Dec 31, 2024 627,000.00
Sep 30, 2024 231,000.00
Sep 30, 2024 231,000.00
Jun 30, 2024 201,000.00
Jun 30, 2024 201,000.00
Mar 31, 2024 326,000.00
Mar 31, 2024 326,000.00
Dec 31, 2023 180,000.00
Dec 31, 2023 180,000.00