Afya (AFYA) Cost of Revenue (2018 - 2026)
Afya's (AFYA) quarterly Cost of Revenue came in at $59.8 million in Q1 2026, up 23.95% year-on-year from $48.2 million in Q1 2025, and down 7.55% quarter-over-quarter from $64.7 million in Q4 2025.
Afya (AFYA) Cost of Revenue (2018 - 2026) Analysis & Trends
Afya has disclosed Cost of Revenue across 9 years of filings, most recently posting $59.8 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $59.8 million, up 23.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $247.4 million (down 34.54% YoY), and the FY2025 annual result was $243.7 million, up 16.51% from the prior year.
- Cost of Revenue came in at $59.8 million for Q1 2026 at Afya, down from $64.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $226.4 million in Q4 2023 to a low of $35.7 million in Q1 2022.
- The 5-year median for Cost of Revenue is $59.1 million (2023), against an average of $79.8 million.
- Across the five-year window, Cost of Revenue soared 64.4% in 2022 and slumped 69.3% in 2025, its largest moves.
- Afya's Cost of Revenue stood at $164.8 million in 2022, then soared by 37.37% to $226.4 million in 2023, then slipped by 6.98% to $210.6 million in 2024, then plunged by 69.3% to $64.7 million in 2025, then fell by 7.55% to $59.8 million in 2026.
- The last three Cost of Revenue figures came in at $59.8 million (Q1 2026), $64.7 million (Q4 2025), and $62.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | 20.41 Mn |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | 394.99 Mn |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | 289.01 Mn |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | 210.72 Mn |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | 63.99 Mn |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | 117.43 Mn |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 47.07 Mn |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | - |
| 10 | Afya | 46.97 Mn | -152.38 Mn | 132.64 Mn | 59.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |