Sky Quarry (SKYQ) Cost of Revenue (2023 - 2026)

Sky Quarry (SKYQ) posted quarterly Cost of Revenue of $389601.0 for Q1 2026, down 94.48% year-over-year from $7.1 million in Q1 2025, and down 73.75% quarter-over-quarter from $1.5 million in Q4 2025.

Sky Quarry (SKYQ) Cost of Revenue (2023 - 2026) Analysis & Trends

Sky Quarry (SKYQ) has reported Cost of Revenue for 4 consecutive years, with $389601.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue fell 94.48% year-over-year to $389601.0; the TTM figure through Mar 2026 stood at $8.9 million (down 58.39% YoY), while the FY2025 annual figure was $15.6 million, down 37.04% from the prior year.
  • Cost of Revenue fell to $389601.0 in Q1 2026 per SKYQ's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $15.0 million in Q4 2023 and bottomed at $389601.0 in Q1 2026.
  • Historically, Cost of Revenue has averaged $6.1 million across 4 years, with a median of $4.8 million in 2024.
  • Annual changes were most pronounced in 2025 — Cost of Revenue gained 20.66% — and 2026, when it plunged 94.48%.
  • Sky Quarry's Cost of Revenue stood at $15.0 million in 2023, then tumbled by 61.53% to $5.8 million in 2024, then plunged by 74.25% to $1.5 million in 2025, then plunged by 73.75% to $389601.0 in 2026.
  • Business Quant data shows SKYQ's Cost of Revenue at $389601.0 in Q1 2026, $1.5 million in Q4 2025, and $2.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.20 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 28.27 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 64.53 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 4.56 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 38.31 Bn
10 Sky Quarry 16.93 Mn 16.09 Mn -389,218.00 389,601.00

Historic Data

Download Data
DateValue
Mar 31, 2026 389,601.00
Mar 31, 2026 389,601.00
Dec 31, 2025 1.48 Mn
Dec 31, 2025 1.48 Mn
Sep 30, 2025 2.39 Mn
Sep 30, 2025 2.39 Mn
Jun 30, 2025 4.66 Mn
Jun 30, 2025 4.66 Mn
Mar 31, 2025 7.06 Mn
Mar 31, 2025 7.06 Mn
Dec 31, 2024 5.76 Mn
Dec 31, 2024 5.76 Mn
Sep 30, 2024 4.75 Mn
Sep 30, 2024 4.75 Mn
Jun 30, 2024 3.86 Mn
Jun 30, 2024 3.86 Mn
Mar 31, 2024 10.38 Mn
Mar 31, 2024 10.38 Mn
Dec 31, 2023 14.99 Mn
Dec 31, 2023 14.99 Mn