Smartbird (BIRD) Cost of Revenue (2020 - 2026)

Smartbird (BIRD) has reported Cost of Revenue for 7 consecutive years, with $7.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 40.69% year-over-year to $7.1 million; the TTM figure through Mar 2026 stood at $55.4 million (down 7.25% YoY), while the FY2025 annual figure was $45.2 million, up 8.65% from the prior year.
• Cost of Revenue eased to $7.1 million in Q1 2026 per BIRD's latest filing, from $13.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $50.0 million in Q2 2022 and bottomed at -$61.2 million in Q4 2022.
• Historically, Cost of Revenue has averaged $11.0 million across 5 years, with a median of $12.3 million in 2024.
• On a YoY basis, Cost of Revenue climbed as much as 275.95% in 2022 and fell as far as 226.25% in 2022.
• Smartbird's Cost of Revenue stood at -$61.2 million in 2022, then jumped by 42.55% to -$35.1 million in 2023, then soared by 134.96% to $12.3 million in 2024, then increased by 5.63% to $13.0 million in 2025, then plunged by 45.07% to $7.1 million in 2026.
• Business Quant data shows BIRD's Cost of Revenue at $7.1 million in Q1 2026, $13.0 million in Q4 2025, and $11.7 million in Q3 2025.