Exceed World (EXDW) Cost of Revenue (2016 - 2025)
Quarterly Cost of Revenue fell 314.1% to -$2.5 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $1.2 million through Sep 2025, down 73.55% year-over-year, with the annual reading at $1.2 million for FY2025, 45.69% down from the prior year.
Exceed World filings provide 10 years of Cost of Revenue readings, the most recent being -$2.5 million for Q3 2025.
- Cost of Revenue hit -$2.5 million in Q3 2025 for Exceed World, down from $1.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $11.1 million in Q3 2023 and bottomed at -$2.5 million in Q3 2025.
- Average Cost of Revenue over 5 years is $1.6 million, with a median of $1.1 million recorded in 2024.
- The largest annual shift saw Cost of Revenue skyrocketed 2729.05% in 2021 before it crashed 314.1% in 2025.
- Exceed World's Cost of Revenue stood at $2.6 million in 2021, then grew by 11.97% to $2.9 million in 2022, then dropped by 19.17% to $2.3 million in 2023, then plummeted by 51.13% to $1.1 million in 2024, then tumbled by 317.82% to -$2.5 million in 2025.
- Per Business Quant, the three most recent readings for EXDW's Cost of Revenue are -$2.5 million (Q3 2025), $1.3 million (Q2 2025), and $1.2 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 8.44 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 394.99 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 289.01 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 63.99 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 47.07 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 117.43 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 23.90 Mn |
| 10 | Exceed World | - | - | 201,489.00 | -2.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -2.49 Mn |
| Sep 30, 2025 | -2.49 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Mar 31, 2025 | 1.21 Mn |
| Mar 31, 2025 | 1.21 Mn |
| Dec 31, 2024 | 1.15 Mn |
| Dec 31, 2024 | 1.15 Mn |
| Sep 30, 2024 | 1.17 Mn |
| Sep 30, 2024 | 1.17 Mn |
| Jun 30, 2024 | 739,110.00 |
| Jun 30, 2024 | 739,110.00 |
| Mar 31, 2024 | 123,372.00 |
| Mar 31, 2024 | 123,372.00 |
| Dec 31, 2023 | 2.34 Mn |
| Dec 31, 2023 | 2.34 Mn |
| Sep 30, 2023 | 11.15 Mn |
| Sep 30, 2023 | 11.15 Mn |
| Jun 30, 2023 | 3.46 Mn |
| Jun 30, 2023 | 3.46 Mn |
| Mar 31, 2023 | 777,088.00 |
| Mar 31, 2023 | 777,088.00 |
| Dec 31, 2022 | 2.90 Mn |
| Dec 31, 2022 | 2.90 Mn |
| Sep 30, 2022 | 536,955.00 |
| Sep 30, 2022 | 536,955.00 |
| Jun 30, 2022 | 405,240.00 |
| Jun 30, 2022 | 405,240.00 |
| Mar 31, 2022 | 208,059.00 |
| Mar 31, 2022 | 208,059.00 |
| Dec 31, 2021 | 2.59 Mn |
| Dec 31, 2021 | 2.59 Mn |
| Sep 30, 2021 | 79,009.00 |
| Sep 30, 2021 | 79,009.00 |
| Jun 30, 2021 | 480,283.00 |
| Jun 30, 2021 | 480,283.00 |
| Mar 31, 2021 | 2.47 Mn |
| Mar 31, 2021 | 2.47 Mn |
| Dec 31, 2020 | 91,524.00 |
| Dec 31, 2020 | 91,524.00 |
| Sep 30, 2020 | 9.74 Mn |
| Sep 30, 2020 | 9.74 Mn |
| Jun 30, 2020 | 175,718.00 |
| Jun 30, 2020 | 175,718.00 |
| Mar 31, 2020 | 3.04 Mn |
| Mar 31, 2020 | 3.04 Mn |
| Dec 31, 2019 | 2.82 Mn |
| Dec 31, 2019 | 2.82 Mn |
| Sep 30, 2019 | 4.50 Mn |
| Sep 30, 2019 | 4.50 Mn |
| Jun 30, 2019 | 4.05 Mn |
| Jun 30, 2019 | 4.05 Mn |
| Mar 31, 2019 | 3.05 Mn |
| Mar 31, 2019 | 3.05 Mn |
| Dec 31, 2018 | 4.49 Mn |
| Dec 31, 2018 | 4.49 Mn |
| Sep 30, 2018 | 7.20 Mn |
| Sep 30, 2018 | 7.20 Mn |
| Jun 30, 2018 | 5.24 Mn |
| Jun 30, 2018 | 5.24 Mn |
| Mar 31, 2018 | 2.45 Mn |
| Mar 31, 2018 | 2.45 Mn |
| Dec 31, 2017 | 3.77 Mn |
| Dec 31, 2017 | 3.77 Mn |
| Sep 30, 2017 | 22.20 Mn |
| Sep 30, 2017 | 22.20 Mn |
| Jun 30, 2017 | 6,506.00 |
| Jun 30, 2017 | 6,506.00 |
| Mar 31, 2017 | 3,285.00 |
| Mar 31, 2017 | 3,285.00 |
| Dec 31, 2016 | 5,658.00 |
| Dec 31, 2016 | 5,658.00 |
| Aug 31, 2016 | 13.00 |
| Aug 31, 2016 | 13.00 |
| May 31, 2016 | 13.00 |
| May 31, 2016 | 13.00 |