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| 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 |