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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 36.61 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 38.31 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 1.09 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Sky Quarry | 13.83 Mn | 5.83 Mn | -685,601.00 | 685,601.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 685,601.00 |
| Jun 30, 2026 | 685,601.00 |
| 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 |