Bragg Gaming (BRAG) Cost of Revenue (2020 - 2025)
Bragg Gaming's (BRAG) quarterly Cost of Revenue came in at $14.0 million in Q4 2025, up 15.0% year-on-year from $12.2 million in Q4 2024, and down 1.42% quarter-over-quarter from $14.2 million in Q3 2025.
Bragg Gaming (BRAG) Cost of Revenue (2020 - 2025) Analysis & Trends
Bragg Gaming has disclosed Cost of Revenue across 6 years of filings, most recently posting $14.0 million for Q4 2025.
- Cost of Revenue for Q4 2025 came in at $14.0 million, up 15.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $42.2 million (up 8.27% YoY), and the FY2025 annual result was $53.9 million, up 3.92% from the prior year.
- Cost of Revenue came in at $14.0 million for Q4 2025 at Bragg Gaming, down from $14.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $76.0 billion in Q1 2021 to a low of $11803.2 in Q1 2025.
- The 5-year median for Cost of Revenue is $11.8 million (2023), against an average of $3.8 billion.
- Peak annual rise in Cost of Revenue reached 7605.19% in 2022, while the deepest fall reached 100.0% in 2022.
- Bragg Gaming's Cost of Revenue stood at $33.9 million in 2021, then plunged by 67.86% to $10.9 million in 2022, then grew by 11.66% to $12.2 million in 2023, then rose by 0.0% to $12.2 million in 2024, then advanced by 15.0% to $14.0 million in 2025.
- The last three Cost of Revenue figures came in at $14.0 million (Q4 2025), $14.2 million (Q3 2025), and $14.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 2.47 Bn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 949.39 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 188.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 238.20 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 34.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 241.62 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | 14.01 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 2.60 Mn |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 11,803.20 |
| Mar 31, 2025 | 11,803.20 |
| 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 | 12,964.64 |
| Mar 31, 2024 | 12,964.64 |
| Dec 31, 2023 | 12.18 Mn |
| Dec 31, 2023 | 12.18 Mn |
| Sep 30, 2023 | 11.67 Mn |
| Sep 30, 2023 | 11.67 Mn |