DouYu International Holdings (DOYU) Cost of Revenue (2018 - 2026)
DouYu International Holdings' (DOYU) quarterly Cost of Revenue came in at $114.5 million in Q4 2025, down 21.61% YoY from $146.1 million in Q4 2024, and up 4.11% on a QoQ basis from $110.0 million in Q3 2025.
Analysis
DouYu International Holdings (DOYU) Cost of Revenue (2018 - 2026) Analysis & Trends
DouYu International Holdings (DOYU) has 8 years of Cost of Revenue data on file, last reported at $114.5 million in Q4 2025.
- Quarterly Cost of Revenue fell 21.61% year-over-year to $114.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $466.7 million (down 14.87% YoY) and the FY2025 annual result came in at $476.1 million, down 11.96% from the prior year.
- Cost of Revenue rose to $114.5 million in Q4 2025, from $110.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $326.9 million in Q4 2021 to a low of $110.0 million in Q3 2025.
- A 5-year average of $192.7 million and a median of $165.3 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2021 — Cost of Revenue increased 14.34% — and 2022, when it plunged 33.69%.
- Tracing DOYU's Cost of Revenue over 5 years: stood at $326.9 million in 2021, then sank by 33.69% to $216.8 million in 2022, then slipped by 23.99% to $164.8 million in 2023, then fell by 11.34% to $146.1 million in 2024, then dropped by 21.61% to $114.5 million in 2025.
- The last three Cost of Revenue figures came in at $114.5 million (Q4 2025), $110.0 million (Q3 2025), and $127.3 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 3.70 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 133.60 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 70.31 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 732.09 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 735.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 257.35 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 204.26 Mn |
| 10 | DouYu International Holdings | 130.07 Mn | -338.25 Bn | 23.44 Mn | 121.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 121.15 Mn |
| Jun 30, 2026 | 121.15 Mn |
| Mar 31, 2026 | 100.38 Mn |
| Mar 31, 2026 | 100.38 Mn |
| Dec 31, 2025 | 114.51 Mn |
| Dec 31, 2025 | 114.51 Mn |
| Sep 30, 2025 | 109.99 Mn |
| Sep 30, 2025 | 109.99 Mn |
| Jun 30, 2025 | 127.31 Mn |
| Jun 30, 2025 | 127.31 Mn |
| Mar 31, 2025 | 114.87 Mn |
| Mar 31, 2025 | 114.87 Mn |
| Dec 31, 2024 | 146.07 Mn |
| Dec 31, 2024 | 146.07 Mn |
| Sep 30, 2024 | 142.82 Mn |
| Sep 30, 2024 | 142.82 Mn |
| Jun 30, 2024 | 130.43 Mn |
| Jun 30, 2024 | 130.43 Mn |
| Mar 31, 2024 | 128.90 Mn |
| Mar 31, 2024 | 128.90 Mn |