DarkHorse Technologies (DRK) Cost of Revenue (2017 - 2026)
DarkHorse Technologies' Cost of Revenue was $2.29 million in Q2 2026, down 0.6% from $2.3 million a year earlier but up 42.7% from the prior quarter.
DarkHorse Technologies (DRK) Cost of Revenue (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, DarkHorse Technologies' Cost of Revenue was $7.95 million through Jun 30, 2026, down 17.3% year-over-year; for FY2025, it came in at $8.55 million, down 36.1% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $13.38 million in FY2024 (-16.1%), $15.94 million in FY2023 (+366.6%), $3.42 million in FY2022 (+69.0%) and $2.02 million in FY2021 (-22.2%).
- Quarterly Cost of Revenue has moved between $454,000 (Q4 2021) and $4.89 million (Q4 2023) over five years.
- Compared with a year earlier, Cost of Revenue has declined for nine straight quarters, with an average decline of 31.2% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2023 (growth of 446.4%); the worst was Q4 2021 (a decline of 63.6%).
- Per Business Quant data, DRK's Cost of Revenue in the three quarters before Q2 2026 was $1.6 million (Q1 2026), $2.1 million (Q4 2025) and $1.96 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 53.33 Bn | 25.10 Bn | 3.24 Bn | 3.48 Bn |
| 2 | PayPal Holdings | 51.08 Bn | 9.78 Bn | - | - |
| 3 | Coinbase Global | 36.00 Bn | -3.64 Bn | - | - |
| 4 | Fiserv | 33.73 Bn | 30.93 Bn | 2.76 Bn | 2.44 Bn |
| 5 | Corpay | 30.05 Bn | 18.87 Bn | - | - |
| 6 | Global Payments | 25.91 Bn | 728.97 Mn | 2.01 Bn | 1.30 Bn |
| 7 | Guidewire Software | 13.54 Bn | 10.10 Bn | 269.68 Mn | 141.41 Mn |
| 8 | Chime Financial | 12.44 Bn | 8.13 Bn | 646.07 Mn | 71.94 Mn |
| 9 | Jack Henry & Associates | 12.30 Bn | 12.20 Bn | 273.85 Mn | 370.18 Mn |
| 10 | DarkHorse Technologies | 8.68 Mn | -6.30 Mn | 165,000.00 | 2.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.29 Mn |
| Mar 31, 2026 | 1.60 Mn |
| Dec 31, 2025 | 2.10 Mn |
| Sep 30, 2025 | 1.96 Mn |
| Jun 30, 2025 | 2.30 Mn |
| Mar 31, 2025 | 2.19 Mn |
| Dec 31, 2024 | 2.38 Mn |
| Sep 30, 2024 | 2.73 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 4.31 Mn |
| Dec 31, 2023 | 4.89 Mn |
| Sep 30, 2023 | 4.51 Mn |
| Jun 30, 2023 | 4.28 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 894,000.00 |
| Sep 30, 2022 | 849,000.00 |
| Jun 30, 2022 | 960,000.00 |
| Mar 31, 2022 | 714,000.00 |
| Dec 31, 2021 | 454,000.00 |
| Sep 30, 2021 | 556,000.00 |
DarkHorse Technologies 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=DRK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DRK", "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=DRK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();