Argo Blockchain (ARBK) Cost of Revenue (2021 - 2025)
Argo Blockchain's (ARBK) quarterly Cost of Revenue came in at $6.6 million in Q2 2025, down 75.83% year-on-year from $27.5 million in Q2 2024, and down 3.69% quarter-over-quarter from $6.9 million in Q3 2024.
Argo Blockchain (ARBK) Cost of Revenue (2021 - 2025) Analysis & Trends
Argo Blockchain has disclosed Cost of Revenue across 5 years of filings, most recently posting $6.6 million for Q2 2025.
- Cost of Revenue for Q2 2025 came in at $6.6 million, down 75.83% year-over-year; the trailing twelve-month figure through Jun 2025 was $51.4 million (down 10.31% YoY), and the FY2025 annual result was $15.2 million, down 66.56% from the prior year.
- Cost of Revenue came in at $6.6 million for Q2 2025 at Argo Blockchain, down from $6.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $29.9 million in Q4 2021 to a low of -$5.2 billion in Q3 2021.
- The 5-year median for Cost of Revenue is $9.0 million (2022), against an average of -$362.2 million.
- Across the five-year window, Cost of Revenue surged 100.15% in 2022 and slumped 75.83% in 2025, its largest moves.
- Argo Blockchain's Cost of Revenue stood at $29.9 million in 2021, then sank by 44.34% to $16.6 million in 2022, then plunged by 73.91% to $4.3 million in 2023, then jumped by 58.63% to $6.9 million in 2024, then slipped by 3.69% to $6.6 million in 2025.
- The last three Cost of Revenue figures came in at $6.6 million (Q2 2025), $6.9 million (Q3 2024), and $27.5 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 107.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 39,000.00 |
| 10 | Argo Blockchain | 8.01 Bn | 8.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 6.64 Mn |
| Jun 30, 2025 | 6.64 Mn |
| Sep 30, 2024 | 6.89 Mn |
| Sep 30, 2024 | 6.89 Mn |
| Jun 30, 2024 | 27.46 Mn |
| Jun 30, 2024 | 27.46 Mn |
| Mar 31, 2024 | 10.44 Mn |
| Mar 31, 2024 | 10.44 Mn |
| Sep 30, 2023 | 4.34 Mn |
| Sep 30, 2023 | 4.34 Mn |
| Jun 30, 2023 | 15.09 Mn |
| Jun 30, 2023 | 15.09 Mn |
| Mar 31, 2023 | 6.06 Mn |
| Mar 31, 2023 | 6.06 Mn |
| Dec 31, 2022 | 16.65 Mn |
| Dec 31, 2022 | 16.65 Mn |
| Sep 30, 2022 | 7.85 Mn |
| Sep 30, 2022 | 7.85 Mn |
| Jun 30, 2022 | 10.20 Mn |
| Jun 30, 2022 | 10.20 Mn |