Sphere 3D (ANY) Cost of Revenue (2017 - 2026)
Sphere 3D (ANY) posted quarterly Cost of Revenue of $1.6 million for Q1 2026, down 26.94% year-over-year from $2.2 million in Q1 2025, and down 23.74% on a QoQ basis from $2.1 million in Q4 2025.
Sphere 3D (ANY) Cost of Revenue (2017 - 2026) Analysis & Trends
Sphere 3D (ANY) has reported Cost of Revenue for 9 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 26.94% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $8.0 million (down 29.31% YoY), while the FY2025 annual figure was $8.6 million, down 36.06% from the prior year.
- Cost of Revenue came in at $1.6 million for Q1 2026 at Sphere 3D, down from $2.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $4.3 million in Q1 2024, with the low at $180000.0 in Q4 2023.
- Average Cost of Revenue over 5 years is $1.5 million, with a median of $1.6 million recorded in 2026.
- Across the five-year window, Cost of Revenue surged 1471.9% in 2024 and sank 49.06% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $278000.0 in 2022, then tumbled by 35.25% to $180000.0 in 2023, then jumped by 1222.78% to $2.4 million in 2024, then retreated by 11.72% to $2.1 million in 2025, then decreased by 23.74% to $1.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $1.6 million, $2.1 million, and $2.0 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 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 107.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 6.62 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 39,000.00 |
| 10 | Sphere 3D | 8.53 Mn | 5.38 Mn | 313,000.00 | 1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 Mn |
| Mar 31, 2026 | 1.60 Mn |
| Dec 31, 2025 | 2.10 Mn |
| Dec 31, 2025 | 2.10 Mn |
| Sep 30, 2025 | 1.96 Mn |
| Sep 30, 2025 | 1.96 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Mar 31, 2025 | 2.19 Mn |
| Mar 31, 2025 | 2.19 Mn |
| Dec 31, 2024 | 2.38 Mn |
| Dec 31, 2024 | 2.38 Mn |
| Sep 30, 2024 | 2.73 Mn |
| Sep 30, 2024 | 2.73 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 4.31 Mn |
| Mar 31, 2024 | 4.31 Mn |
| Dec 31, 2023 | 180,000.00 |
| Dec 31, 2023 | 180,000.00 |