Bragg Gaming BRAG
NASDAQ BRAG
$1.51 +0.07 (+4.86%)
At close: Aug 21, 2026 · 4:00 PM EDT

Bragg Gaming (BRAG) Cost of Revenue (2020 - 2025)

Bragg Gaming (BRAG) posted Cost of Revenue of $14.0 million for Q4 2025, down 1.42% sequentially from $14.2 million in Q3 2025, and up 15.0% YoY from $12.2 million in Q4 2024.

Bragg Gaming (BRAG) Cost of Revenue (2020 - 2025) Analysis & Trends

Bragg Gaming has reported Cost of Revenue for 6 years, with the latest figure at $14.0 million in Q4 2025.

  • Quarterly Cost of Revenue rose 15.0% year-over-year to $14.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $54.0 million (up 3.97% YoY) and the FY2025 annual result came in at $53.9 million, up 3.92% from the prior year.
  • Cost of Revenue declined to $14.0 million in Q4 2025 per BRAG's latest filing, from $14.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $14.2 million in Q3 2025 and troughed at $7.4 million in Q3 2021.
  • A 5-year average of $11.5 million and a median of $11.7 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 42.71% in 2022, then declined 8.96% in 2025.
  • Over 5 years, Cost of Revenue stood at $8.8 million in 2021, then gained by 23.47% to $10.9 million in 2022, then rose by 11.66% to $12.2 million in 2023, then advanced by 0.0% to $12.2 million in 2024, then grew by 15.0% to $14.0 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $14.0 million, $14.2 million, and $14.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Flutter Entertainment 17.95 Bn 16.39 Bn 1.71 Bn 2.61 Bn
2 DraftKings 12.99 Bn 12.00 Bn 551.45 Mn 891.78 Mn
3 Super Group (SGHC) 6.71 Bn 6.29 Bn - -
4 Churchill Downs 6.57 Bn 6.37 Bn 712.00 Mn 268.00 Mn
5 Rush Street Interactive 2.84 Bn 2.50 Bn 139.66 Mn 254.12 Mn
6 Brightstar Lottery 2.25 Bn 980.32 Mn 297.00 Mn 290.00 Mn
7 Accel Entertainment 987.75 Mn 732.30 Mn 115.51 Mn 252.62 Mn
8 Codere Online Luxembourg 415.46 Mn 346.04 Mn - -
9 Inspired Entertainment 175.48 Mn 151.08 Mn 52.10 Mn 8.70 Mn
10 Bragg Gaming 38.14 Mn 34.30 Mn 16.54 Mn 13.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 14.01 Mn
Dec 31, 2025 14.01 Mn
Sep 30, 2025 14.21 Mn
Sep 30, 2025 14.21 Mn
Jun 30, 2025 13.96 Mn
Jun 30, 2025 13.96 Mn
Mar 31, 2025 11.80 Mn
Mar 31, 2025 11.80 Mn
Dec 31, 2024 12.18 Mn
Dec 31, 2024 12.18 Mn
Sep 30, 2024 13.36 Mn
Sep 30, 2024 13.36 Mn
Jun 30, 2024 13.41 Mn
Jun 30, 2024 13.41 Mn
Mar 31, 2024 12.96 Mn
Mar 31, 2024 12.96 Mn
Dec 31, 2023 12.18 Mn
Dec 31, 2023 12.18 Mn
Sep 30, 2023 11.67 Mn
Sep 30, 2023 11.67 Mn