Afya (AFYA) Cost of Revenue (2018 - 2026)

Afya (AFYA) posted Cost of Revenue of $59.8 million for Q1 2026, down 7.55% sequentially from $64.7 million in Q4 2025, and up 23.95% YoY from $48.2 million in Q1 2025.

Afya (AFYA) Cost of Revenue (2018 - 2026) Analysis & Trends

Afya has reported Cost of Revenue for 9 years, with the latest figure at $59.8 million in Q1 2026.

  • Quarterly Cost of Revenue rose 23.95% year-over-year to $59.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $247.4 million (down 34.54% YoY) and the FY2025 annual result came in at $235.4 million, up 3.76% from the prior year.
  • Cost of Revenue eased to $59.8 million in Q1 2026 per AFYA's latest filing, from $64.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $226.4 million in Q4 2023 and troughed at $35.7 million in Q1 2022.
  • A 5-year average of $79.7 million and a median of $59.1 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 64.4% in 2022, then slumped 69.3% in 2025.
  • Over 5 years, Cost of Revenue stood at $163.4 million in 2022, then surged by 38.59% to $226.4 million in 2023, then declined by 6.98% to $210.6 million in 2024, then plunged by 69.3% to $64.7 million in 2025, then decreased by 7.55% to $59.8 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $59.8 million, $64.7 million, and $62.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn 717.31 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn 8.21 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn 378.20 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn 525.48 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn 216.75 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn 59.96 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn 418.78 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn 74.83 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn 202.24 Mn
10 Afya 1.22 Bn 969.53 Mn 132.64 Mn 59.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 59.78 Mn
Mar 31, 2026 59.78 Mn
Dec 31, 2025 64.67 Mn
Dec 31, 2025 64.67 Mn
Sep 30, 2025 62.39 Mn
Sep 30, 2025 62.39 Mn
Jun 30, 2025 60.54 Mn
Jun 30, 2025 60.54 Mn
Mar 31, 2025 48.23 Mn
Mar 31, 2025 48.23 Mn
Dec 31, 2024 210.65 Mn
Dec 31, 2024 210.65 Mn
Sep 30, 2024 58.44 Mn
Sep 30, 2024 58.44 Mn
Jun 30, 2024 60.55 Mn
Jun 30, 2024 60.55 Mn
Mar 31, 2024 54.50 Mn
Mar 31, 2024 54.50 Mn
Dec 31, 2023 226.44 Mn
Dec 31, 2023 226.44 Mn