National Steel (SID) Cost of Revenue (2013 - 2026)

National Steel's (SID) quarterly Cost of Revenue came in at $208.4 million in Q1 2026, up 15.19% year-on-year from $180.9 million in Q1 2025, and down 77.67% quarter-over-quarter from $933.6 million in Q4 2025.

National Steel (SID) Cost of Revenue (2013 - 2026) Analysis & Trends

National Steel has disclosed Cost of Revenue across 14 years of filings, most recently posting $208.4 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $208.4 million, up 15.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 2.85% YoY), and the FY2025 annual result was $6.0 billion, up 9.19% from the prior year.
  • Cost of Revenue came in at $208.4 million for Q1 2026 at National Steel, down from $933.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $938.4 million in Q4 2024 to a low of $80.0 million in Q2 2023.
  • The 5-year median for Cost of Revenue is $242.4 million (2024), against an average of $334.7 million.
  • Across the five-year window, Cost of Revenue tumbled 92.49% in 2022 and soared 227.94% in 2024, its largest moves.
  • National Steel's Cost of Revenue stood at $489.6 million in 2022, then soared by 53.84% to $753.3 million in 2023, then gained by 24.57% to $938.4 million in 2024, then retreated by 0.51% to $933.6 million in 2025, then plunged by 77.67% to $208.4 million in 2026.
  • The last three Cost of Revenue figures came in at $208.4 million (Q1 2026), $933.6 million (Q4 2025), and $243.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 3.25 Bn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 8.00 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 4.44 Bn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 2.85 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 5.00 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 308.82
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn 208.42 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 521.80 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 111.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 208.42 Mn
Mar 31, 2026 208.42 Mn
Dec 31, 2025 933.57 Mn
Dec 31, 2025 933.57 Mn
Sep 30, 2025 243.81 Mn
Sep 30, 2025 243.81 Mn
Jun 30, 2025 217.80 Mn
Jun 30, 2025 217.80 Mn
Mar 31, 2025 180.94 Mn
Mar 31, 2025 180.94 Mn
Dec 31, 2024 938.36 Mn
Dec 31, 2024 938.36 Mn
Sep 30, 2024 269.10 Mn
Sep 30, 2024 269.10 Mn
Jun 30, 2024 262.21 Mn
Jun 30, 2024 262.21 Mn
Mar 31, 2024 242.38 Mn
Mar 31, 2024 242.38 Mn
Dec 31, 2023 753.26 Mn
Dec 31, 2023 753.26 Mn