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| Date | Value |
|---|---|
| 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 |