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

QS Energy's (QSEP) quarterly Cost of Revenue came in at $735000.0 in Q1 2026, down 92.27% year-on-year from $9.5 million in Q1 2025, and down 41.76% quarter-over-quarter from $1.3 million in Q4 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.

  • On a quarterly basis, Cost of Revenue fell 92.27% year-over-year to $735000.0 in Q1 2026; TTM through Mar 2026 was $4.5 million, a 57.1% decrease from a year earlier, with the FY2025 full-year figure at $13.3 million, up 861.16% from the prior year.
  • Cost of Revenue eased to $735000.0 in Q1 2026 per QSEP's latest filing, from $1.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $9.5 million in Q1 2025 and bottomed at $90000.0 in Q2 2022.
  • The 5-year median for Cost of Revenue is $231000.0 (2024), against an average of $993235.3.
  • Across the five-year window, Cost of Revenue jumped 2817.79% in 2025 and tumbled 92.27% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $261000.0 in 2022, then plunged 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 slumped by 41.76% to $735000.0 in 2026.
  • Per Business Quant, the three latest QSEP Cost of Revenue figures stand at $735000.0 (Q1 2026), $1.3 million (Q4 2025), and $646000.0 (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 QS Energy 71.15 Mn 71.12 Mn -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