Argo Blockchain (ARBK) Cost of Revenue (2021 - 2024)
Argo Blockchain recorded quarterly Cost of Revenue of $8.9 million in Q4 2024, up 29.75% quarter-over-quarter from $6.9 million in Q3 2024, and down 18.2% year-over-year from $10.9 million in Q1 2024.
Argo Blockchain's Cost of Revenue history runs 4 years deep, the most recent figure standing at $8.9 million for Q4 2024.
- In Q4 2024, Cost of Revenue fell 18.2% year-over-year to $8.9 million; the TTM figure through Dec 2024 stood at $38.8 million (up 6.4% YoY), while the FY2025 annual figure was $15.2 million, down 66.56% from the prior year.
- Cost of Revenue came in at $8.9 million for Q4 2024 at Argo Blockchain, up 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.
- A 4-year average of -$338.1 million and a median of $10.2 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 100.15% in 2022 and plunged 44.68% in 2023, its largest moves.
- Argo Blockchain's Cost of Revenue stood at $29.9 million in 2021, then plunged by 44.34% to $16.6 million in 2022, then tumbled by 34.34% to $10.9 million in 2023, then dropped by 18.2% to $8.9 million in 2024.
- According to Business Quant data, Cost of Revenue over the past three periods registered $8.9 million, $6.9 million, and $12.5 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 107.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 6.62 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 39,000.00 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Argo Blockchain | 146.40 Mn | 144.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 8.94 Mn |
| Dec 31, 2024 | 8.94 Mn |
| Sep 30, 2024 | 6.89 Mn |
| Sep 30, 2024 | 6.89 Mn |
| Jun 30, 2024 | 12.48 Mn |
| Jun 30, 2024 | 12.48 Mn |
| Mar 31, 2024 | 10.44 Mn |
| Mar 31, 2024 | 10.44 Mn |
| Dec 31, 2023 | 10.93 Mn |
| Dec 31, 2023 | 10.93 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 |
| Mar 31, 2022 | 4.60 Mn |
| Mar 31, 2022 | 4.60 Mn |
| Dec 31, 2021 | 29.91 Mn |
| Dec 31, 2021 | 29.91 Mn |
| Sep 30, 2021 | -5.23 Bn |
| Sep 30, 2021 | -5.23 Bn |
| Jun 30, 2021 | 14.49 Mn |
| Jun 30, 2021 | 14.49 Mn |