Sphere 3D (ANY) Cost of Revenue (2017 - 2026)

Sphere 3D (ANY) recorded quarterly Cost of Revenue of $1.6 million in Q1 2026, down 23.74% quarter-over-quarter from $2.1 million in Q4 2025, and down 26.94% on a YoY basis from $2.2 million in Q1 2025.

Sphere 3D (ANY) Cost of Revenue (2017 - 2026) Analysis & Trends

Sphere 3D's Cost of Revenue history runs 9 years deep, the most recent figure standing at $1.6 million for 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 was $1.6 million for Q1 2026 at Sphere 3D, down from $2.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $4.3 million in Q1 2024 to a low of $180000.0 in Q4 2023.
  • Historically, Cost of Revenue has averaged $1.5 million across 5 years, with a median of $1.6 million in 2026.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 1471.9% in 2024, then plunged 49.06% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $278000.0 in 2022, then slumped by 35.25% to $180000.0 in 2023, then jumped by 1222.78% to $2.4 million in 2024, then dropped by 11.72% to $2.1 million in 2025, then declined by 23.74% to $1.6 million in 2026.
  • The last three Cost of Revenue figures came in at $1.6 million (Q1 2026), $2.1 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 6.62 Mn
10 Sphere 3D 11.90 Mn 8.76 Mn 313,000.00 1.60 Mn

Historic Data

Download Data
DateValue
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