DouYu International Holdings (DOYU) Cost of Revenue (2018 - 2025)

DouYu International Holdings has reported Cost of Revenue for 8 years, with the latest figure at $114.5 million in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue fell 21.61% year-over-year to $114.5 million; the trailing twelve-month figure through Dec 2025 stood at $466.7 million (down 14.87% YoY), and the FY2025 full-year result was $476.1 million, up 1016.89% from the prior year.
• Cost of Revenue for Q4 2025 stood at $114.5 million, up from $110.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $326.9 million in Q4 2021, with the low at $110.0 million in Q3 2025.
• Historically, Cost of Revenue has averaged $192.7 million across 5 years, with a median of $165.3 million in 2023.
• Annual changes were most pronounced in 2021 — Cost of Revenue increased 14.34% — and 2022, when it plunged 33.69%.
• DouYu International Holdings' Cost of Revenue 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.