Aquabounty Technologies (AQB) Cost of Revenue (2017 - 2024)
Aquabounty Technologies (AQB) posted Cost of Revenue of $425,057 for Q3 2024, down 89.6% from $4.1 million a year earlier and down 74.1% from the prior quarter.
Aquabounty Technologies (AQB) Cost of Revenue (2017 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Cost of Revenue at Aquabounty Technologies was $10.38 million, down 31.0% year-over-year; for FY2023, it was $15.28 million, up 12.1% from FY2022.
- Annual Cost of Revenue has increased for six consecutive years, with a five-year compound annual growth rate of 42.2% (FY2018 to FY2023).
- In prior years, Aquabounty Technologies' Cost of Revenue was $13.63 million in FY2022 (+26.4%), $10.79 million in FY2021 (+61.5%), $6.68 million in FY2020 (+86.9%) and $3.57 million in FY2019 (+36.1%).
- The Q3 2024 figure stands as the lowest quarterly Cost of Revenue since Q3 2018.
- On a year-over-year basis, Cost of Revenue increased in six of the last eight quarters, with an average decline of 6.9%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2020, with growth of 272.4%; the weakest was Q3 2024, with a decline of 89.6%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $1.64 million (Q2 2024), $4.48 million (Q1 2024) and $3.84 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.78 Bn | 35.07 Bn | 1.94 Bn | 20.75 Bn |
| 2 | Bunge Global | 20.50 Bn | 18.00 Bn | 1.68 Bn | 22.36 Bn |
| 3 | Tyson Foods | 18.25 Bn | 14.61 Bn | 921.00 Mn | 12.95 Bn |
| 4 | Jbs | 12.94 Bn | -20.17 Bn | 2.59 Bn | 21.31 Bn |
| 5 | Darling Ingredients | 9.93 Bn | 9.53 Bn | 503.37 Mn | 1.22 Bn |
| 6 | Smithfield Foods | 7.43 Bn | 2.38 Bn | 478.00 Mn | 3.22 Bn |
| 7 | Pilgrims Pride | 6.55 Bn | 4.38 Bn | 339.75 Mn | 4.29 Bn |
| 8 | Ingredion | 6.02 Bn | 2.19 Bn | 426.00 Mn | 1.42 Bn |
| 9 | Seaboard | 3.87 Bn | -946.73 Mn | 221.00 Mn | 2.70 Bn |
| 10 | Aquabounty Technologies | 4.79 Mn | 993,170.76 | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 425,057.00 |
| Jun 30, 2024 | 1.64 Mn |
| Mar 31, 2024 | 4.48 Mn |
| Dec 31, 2023 | 3.84 Mn |
| Sep 30, 2023 | 4.10 Mn |
| Jun 30, 2023 | 3.79 Mn |
| Mar 31, 2023 | 3.56 Mn |
| Dec 31, 2022 | 3.59 Mn |
| Sep 30, 2022 | 3.52 Mn |
| Jun 30, 2022 | 3.25 Mn |
| Mar 31, 2022 | 3.28 Mn |
| Dec 31, 2021 | 3.07 Mn |
| Sep 30, 2021 | 4.31 Mn |
| Jun 30, 2021 | 1.85 Mn |
| Mar 31, 2021 | 1.55 Mn |
| Dec 31, 2020 | 3.44 Mn |
| Sep 30, 2020 | 1.36 Mn |
| Jun 30, 2020 | 1.04 Mn |
| Mar 31, 2020 | 841,434.00 |
| Dec 31, 2019 | 924,184.00 |
Aquabounty Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AQB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "AQB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=AQB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();