Fangdd Network (DUO) Cost of Revenue (2018 - 2022)

Fangdd Network (DUO) has reported Cost of Revenue for 5 consecutive years, with $7.0 million the latest figure, recorded in Q4 2022.

• Quarterly Cost of Revenue fell 40.99% year-over-year to $7.0 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $111.1 million (down 41.58% YoY) and the FY2025 annual result came in at $41.6 million, up 9.6% from the prior year.
• Cost of Revenue eased to $7.0 million in Q4 2022 per DUO's latest filing, from $11.9 million in the prior quarter.
• Over the last five years, Cost of Revenue for DUO reached as high as $118.2 million in Q4 2019 and fell as low as $7.0 million in Q4 2022.
• A 5-year average of $67.9 million and a median of $79.8 million in 2018 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2019 — Cost of Revenue soared 64.19% — and 2021, when it tumbled 86.19%.
• Year by year, Cost of Revenue stood at $79.8 million in 2018, then surged by 48.08% to $118.2 million in 2019, then declined by 27.13% to $86.1 million in 2020, then plunged by 86.19% to $11.9 million in 2021, then sank by 40.99% to $7.0 million in 2022.
• According to Business Quant data, Cost of Revenue over the past three periods registered $7.0 million, $11.9 million, and $52.5 million for Q4 2022, Q4 2021, and Q2 2021 respectively.