Torm (TRMD) Cost of Revenue (2017 - 2026)
Torm (TRMD) reported Cost of Revenue of $4.9 million for Q2 2026, down 5.8% from $5.2 million a year earlier and down 16.9% from the prior quarter.
Torm (TRMD) Cost of Revenue (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Torm's Cost of Revenue came in at $40.6 million, down 6.0% year-over-year; for FY2025, it was $24.6 million, up 33.0% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of -42.9% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $18.5 million in FY2024 (-49.5%), $36.6 million in FY2023 (-95.1%) and $743 million in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q1 2024.
- Year over year, Cost of Revenue gained in two of the last six quarters, with growth averaging 27.2%.
- The high point for year-over-year Cost of Revenue in five years was Q1 2025 (growth of 255.3%); the low point was Q1 2024 (a decline of 98.1%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | - |
| 10 | Torm | 4.05 Bn | 2.87 Bn | 657.90 Mn | 4.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.90 Mn |
| Mar 31, 2026 | 5.90 Mn |
| Dec 31, 2025 | 24.60 Mn |
| Jun 30, 2025 | 5.20 Mn |
| Mar 31, 2025 | 13.50 Mn |
| Dec 31, 2024 | 18.50 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 3.80 Mn |
| Dec 31, 2023 | 36.60 Mn |
| Sep 30, 2023 | 178.20 Mn |
| Jun 30, 2023 | 8.60 Mn |
| Mar 31, 2023 | 198.50 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 262.20 Mn |
| Jun 30, 2022 | 153.40 Mn |
| Dec 31, 2018 | -400,000.00 |
| Dec 31, 2017 | -28.60 Mn |
Torm Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();