Aqua Metals (AQMS) Cost of Revenue (2017 - 2026)
Aqua Metals (AQMS) posted Cost of Revenue of $564,000 for Q2 2026, down 27.3% from $776,000 a year earlier.
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Analysis
Aqua Metals (AQMS) Cost of Revenue (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Aqua Metals was $2.25 million, down 45.6% year-over-year; for FY2025, it was $2.41 million, down 66.6% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of -15.2% (FY2020 to FY2025).
- In prior years, Aqua Metals' Cost of Revenue was $7.21 million in FY2024 (+14.8%), $6.28 million in FY2023 (+58.7%), $3.96 million in FY2022 (-43.6%) and $7.02 million in FY2021 (+28.1%).
- Quarterly Cost of Revenue has run from a low of $331,000 in Q4 2025 to a high of $2.37 million in Q2 2024 over five years.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2023, with growth of 112.5%; the weakest was Q4 2025, with a decline of 67.4%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | - |
| 2 | Southern Copper | 154.30 Bn | 133.16 Bn | 2.90 Bn | 1.39 Bn |
| 3 | Rio Tinto | 135.37 Bn | 95.87 Bn | - | - |
| 4 | Newmont | 113.13 Bn | 78.45 Bn | 4.22 Bn | 2.14 Bn |
| 5 | Freeport-Mcmoran | 93.66 Bn | 89.81 Bn | 2.19 Bn | 4.84 Bn |
| 6 | Agnico Eagle Mines | 86.95 Bn | 76.58 Bn | 2.43 Bn | 953.76 Mn |
| 7 | Barrick Mining | 63.88 Bn | 48.62 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Nucor | 58.56 Bn | 49.10 Bn | 2.03 Bn | 8.36 Bn |
| 9 | ArcelorMittal | 45.28 Bn | 26.31 Bn | - | - |
| 10 | Aqua Metals | 5.21 Mn | -15.86 Mn | - | 564,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 564,000.00 |
| Dec 31, 2025 | 331,000.00 |
| Sep 30, 2025 | 576,000.00 |
| Jun 30, 2025 | 776,000.00 |
| Mar 31, 2025 | 724,000.00 |
| Dec 31, 2024 | 1.02 Mn |
| Sep 30, 2024 | 1.62 Mn |
| Jun 30, 2024 | 2.37 Mn |
| Mar 31, 2024 | 2.21 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 1.77 Mn |
| Jun 30, 2023 | 1.48 Mn |
| Mar 31, 2023 | 1.07 Mn |
| Dec 31, 2022 | 933,000.00 |
| Sep 30, 2022 | 833,000.00 |
| Jun 30, 2022 | 1.05 Mn |
| Mar 31, 2022 | 994,000.00 |
| Dec 31, 2021 | 1.60 Mn |
| Sep 30, 2021 | 1.67 Mn |
| Jun 30, 2021 | 2.14 Mn |
API Access
Aqua Metals 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=AQMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "AQMS", "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=AQMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();