Equinor ASA Cost of Revenue 2011-2026 | EQNR

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Equinor ASA

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	35.2 B	21 B	29.5 B	38.5 B	28.2 B	21.5 B	26.3 B	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
38.5 B	21 B	28.6 B

Quarterly Cost of Revenue Equinor ASA

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	7.4 B	7.17 B	-	-	2.75 B	7.4 B	-	-	8.61 B	6.66 B	-	-	9.42 B	9.79 B	-	-	6.86 B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
9.79 B	2.75 B	7.34 B

Cost of Revenue of other stocks in the Oil gas equipment industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
ChampionX Corporation CHX	2.45 B	-	-	$ 4.92 B	USA
Chevron Corporation CVX	119 B	$ 167.12	1.97 %	$ 302 B	USA
Dril-Quip DRQ	428 M	-	-3.51 %	$ 527 M	USA
Dawson Geophysical Company DWSN	63 M	$ 1.88	-4.81 %	$ 58.1 M	USA
DMC Global BOOM	492 M	$ 8.49	5.93 %	$ 167 M	USA
Forum Energy Technologies FET	561 M	$ 40.95	0.39 %	$ 504 M	USA
Eni S.p.A. E	18.7 B	$ 38.99	1.54 %	$ 109 B	Italia
Ecopetrol S.A. EC	55.6 T	$ 11.56	1.85 %	$ 23.3 B	Colombia
Exterran Corporation EXTN	354 M	-	-	$ 153 M	USA
Liberty Oilfield Services LBRT	3.2 B	$ 20.01	-1.45 %	$ 3.3 B	USA
Matrix Service Company MTRX	730 M	$ 13.33	1.99 %	$ 370 M	USA
Nine Energy Service NINE	302 M	$ 0.57	20.0 %	$ 17.3 M	USA
Geospace Technologies Corporation GEOS	77.9 M	$ 22.71	-0.22 %	$ 291 M	USA
MRC Global MRC	2.72 B	-	-100.0 %	-	USA
Gulf Island Fabrication GIFI	91.8 M	$ 11.99	0.08 %	$ 186 M	USA
TechnipFMC plc FTI	7.36 B	$ 52.17	3.49 %	$ 22.4 B	Britain
Oil States International OIS	536 M	$ 8.11	0.37 %	$ 503 M	USA
Petróleo Brasileiro S.A. - Petrobras PBR	43.2 B	$ 12.68	2.92 %	$ 79.6 B	Brasil
NexTier Oilfield Solutions NEX	2.49 B	-	-	$ 2.58 B	USA
Helix Energy Solutions Group HLX	659 M	$ 7.27	1.47 %	$ 1.09 B	USA
NOW DNOW	1.84 B	$ 13.83	3.06 %	$ 1.47 B	USA
RPC RES	1.04 B	$ 6.15	2.07 %	$ 1.3 B	USA
Recon Technology, Ltd. RCON	51 M	$ 1.49	-3.25 %	$ 13.6 M	China
KLX Energy Services Holdings KLXE	672 M	$ 2.26	-4.43 %	$ 35.3 M	USA
Profire Energy PFIE	27.7 M	-	-	$ 120 M	USA
Mammoth Energy Services TUSK	198 M	$ 2.32	5.71 %	$ 112 M	USA
Schlumberger Limited SLB	28.3 B	$ 46.91	2.19 %	$ 66.7 B	France
NOV NOV	6.86 B	$ 17.68	-0.25 %	$ 6.93 B	USA