Blue Star Foods Corp. (BSFC) Cost of Revenue (2018 - 2025)
Blue Star Foods (BSFC) recorded Cost of Revenue of $34,444 in Q3 2025, down 93.8% from $551,116 a year earlier and down 96.3% from the prior quarter.
Blue Star Foods Corp. (BSFC) Cost of Revenue (2018 - 2025) Analysis & Trends
On a TTM basis, Blue Star Foods' Cost of Revenue came in at $4.47 million as of Sep 30, 2025, up 30.3% year-over-year; for FY2024, it came in at $4.88 million, down 18.2% from FY2023.
- Annual Cost of Revenue has a five-year compound annual growth rate of -25.0% (FY2019 to FY2024).
- Across earlier years, Cost of Revenue came in at $5.97 million in FY2023 (-55.5%), $13.42 million in FY2022 (+68.2%), $7.98 million in FY2021 (-36.8%) and $12.62 million in FY2020 (-38.8%).
- The Q3 2025 figure is the lowest quarterly Cost of Revenue in data going back to Q1 2018.
- On a year-over-year basis, Cost of Revenue rose in two of the last eight quarters, with an average decline of 17.0%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 122.0% in Q4 2024, against a decline of 93.8% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $919,650 (Q2 2025), $869,114 (Q1 2025) and $2.65 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 34,444.00 |
| Jun 30, 2025 | 919,650.00 |
| Mar 31, 2025 | 869,114.00 |
| Dec 31, 2024 | 2.65 Mn |
| Sep 30, 2024 | 551,116.00 |
| Jun 30, 2024 | 587,516.00 |
| Mar 31, 2024 | 1.10 Mn |
| Dec 31, 2023 | 1.19 Mn |
| Sep 30, 2023 | 1.59 Mn |
| Jun 30, 2023 | 1.57 Mn |
| Mar 31, 2023 | 1.61 Mn |
| Dec 31, 2022 | 1.99 Mn |
| Sep 30, 2022 | 3.97 Mn |
| Jun 30, 2022 | 2.62 Mn |
| Mar 31, 2022 | 4.84 Mn |
| Dec 31, 2021 | 1.18 Mn |
| Sep 30, 2021 | 3.06 Mn |
| Jun 30, 2021 | 1.56 Mn |
| Mar 31, 2021 | 2.18 Mn |
| Dec 31, 2020 | 2.16 Mn |
Blue Star Foods Corp. Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BSFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BSFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BSFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();