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