First Merchants (FRME) Cost of Revenue (2010 - 2026)
First Merchants posted quarterly Cost of Revenue of $1.6 million for Q1 2026, up 18.33% year-on-year from $1.4 million in Q1 2025, and down 31.11% on a QoQ basis from $2.3 million in Q4 2025.
First Merchants (FRME) has 17 years of Cost of Revenue data on file, last reported at $1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 18.33% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $8.0 million (up 6.6% YoY), and the FY2025 full-year result was $7.8 million, up 5.48% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.6 million, down from $2.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.2 million in Q4 2022 and bottomed at $736000.0 in Q1 2022.
- The 5-year median for Cost of Revenue is $1.8 million (2024), against an average of $1.9 million.
- The widest annual swing landed in 2022, when Cost of Revenue sank 34.52%; it then surged 77.85% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $3.2 million in 2022, then fell by 16.15% to $2.6 million in 2023, then fell by 2.46% to $2.6 million in 2024, then retreated by 9.99% to $2.3 million in 2025, then slumped by 31.11% to $1.6 million in 2026.
- The last three Cost of Revenue figures came in at $1.6 million (Q1 2026), $2.3 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | - |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | - |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | 1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 Mn |
| Mar 31, 2026 | 1.60 Mn |
| Dec 31, 2025 | 2.32 Mn |
| Dec 31, 2025 | 2.32 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 1.35 Mn |
| Mar 31, 2025 | 1.35 Mn |
| Dec 31, 2024 | 2.58 Mn |
| Dec 31, 2024 | 2.58 Mn |
| Sep 30, 2024 | 1.84 Mn |
| Sep 30, 2024 | 1.84 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Sep 30, 2023 | 2.37 Mn |
| Sep 30, 2023 | 2.37 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Mar 31, 2023 | 1.31 Mn |
| Mar 31, 2023 | 1.31 Mn |
| Dec 31, 2022 | 3.16 Mn |
| Dec 31, 2022 | 3.16 Mn |
| Sep 30, 2022 | 2.40 Mn |
| Sep 30, 2022 | 2.40 Mn |
| Jun 30, 2022 | 1.41 Mn |
| Jun 30, 2022 | 1.41 Mn |
| Mar 31, 2022 | 736,000.00 |
| Mar 31, 2022 | 736,000.00 |
| Dec 31, 2021 | 1.84 Mn |
| Dec 31, 2021 | 1.84 Mn |
| Sep 30, 2021 | 1.68 Mn |
| Sep 30, 2021 | 1.68 Mn |
| Jun 30, 2021 | 1.12 Mn |
| Jun 30, 2021 | 1.12 Mn |
| Mar 31, 2021 | 1.12 Mn |
| Mar 31, 2021 | 1.12 Mn |
| Dec 31, 2020 | 1.76 Mn |
| Dec 31, 2020 | 1.76 Mn |
| Sep 30, 2020 | 1.31 Mn |
| Sep 30, 2020 | 1.31 Mn |
| Jun 30, 2020 | 2.09 Mn |
| Jun 30, 2020 | 2.09 Mn |
| Mar 31, 2020 | 1.44 Mn |
| Mar 31, 2020 | 1.44 Mn |
| Dec 31, 2019 | 1.49 Mn |
| Dec 31, 2019 | 1.49 Mn |
| Sep 30, 2019 | 1.33 Mn |
| Sep 30, 2019 | 1.33 Mn |
| Jun 30, 2019 | 2.75 Mn |
| Jun 30, 2019 | 2.75 Mn |
| Mar 31, 2019 | 1.07 Mn |
| Mar 31, 2019 | 1.07 Mn |
| Dec 31, 2018 | 1.11 Mn |
| Dec 31, 2018 | 1.11 Mn |
| Sep 30, 2018 | 1.22 Mn |
| Sep 30, 2018 | 1.22 Mn |
| Jun 30, 2018 | 1.47 Mn |
| Jun 30, 2018 | 1.47 Mn |
| Mar 31, 2018 | 884,000.00 |
| Mar 31, 2018 | 884,000.00 |
| Dec 31, 2017 | 1.36 Mn |
| Dec 31, 2017 | 1.36 Mn |
| Sep 30, 2017 | 1.02 Mn |
| Sep 30, 2017 | 1.02 Mn |
| Jun 30, 2017 | 792,000.00 |
| Jun 30, 2017 | 792,000.00 |
| Mar 31, 2017 | 565,000.00 |
| Mar 31, 2017 | 565,000.00 |
| Dec 31, 2016 | 790,000.00 |
| Dec 31, 2016 | 790,000.00 |
| Sep 30, 2016 | 630,000.00 |
| Sep 30, 2016 | 630,000.00 |
| Jun 30, 2016 | 851,000.00 |
| Jun 30, 2016 | 851,000.00 |
| Mar 31, 2016 | 737,000.00 |
| Mar 31, 2016 | 737,000.00 |
| Dec 31, 2015 | 915,000.00 |
| Dec 31, 2015 | 915,000.00 |
| Sep 30, 2015 | 847,000.00 |
| Sep 30, 2015 | 847,000.00 |
| Jun 30, 2015 | 951,000.00 |
| Jun 30, 2015 | 951,000.00 |
| Mar 31, 2015 | 780,000.00 |
| Mar 31, 2015 | 780,000.00 |
| Dec 31, 2014 | 836,000.00 |
| Dec 31, 2014 | 836,000.00 |
| Sep 30, 2014 | 1.07 Mn |
| Sep 30, 2014 | 1.07 Mn |
| Jun 30, 2014 | 789,000.00 |
| Jun 30, 2014 | 789,000.00 |
| Mar 31, 2014 | 769,000.00 |
| Mar 31, 2014 | 769,000.00 |
| Dec 31, 2013 | 675,000.00 |
| Dec 31, 2013 | 675,000.00 |
| Sep 30, 2013 | 559,000.00 |
| Sep 30, 2013 | 559,000.00 |
| Jun 30, 2013 | 535,000.00 |
| Jun 30, 2013 | 535,000.00 |
| Mar 31, 2013 | 467,000.00 |
| Mar 31, 2013 | 467,000.00 |
| Dec 31, 2012 | 616,000.00 |
| Dec 31, 2012 | 616,000.00 |
| Sep 30, 2012 | 536,000.00 |
| Sep 30, 2012 | 536,000.00 |
| Jun 30, 2012 | 564,000.00 |
| Jun 30, 2012 | 564,000.00 |
| Mar 31, 2012 | 442,000.00 |
| Mar 31, 2012 | 442,000.00 |
| Dec 31, 2011 | 650,000.00 |
| Dec 31, 2011 | 650,000.00 |
| Sep 30, 2011 | 534,000.00 |
| Sep 30, 2011 | 534,000.00 |
| Jun 30, 2011 | 436,000.00 |
| Jun 30, 2011 | 436,000.00 |
| Mar 31, 2011 | 382,000.00 |
| Mar 31, 2011 | 382,000.00 |
| Dec 31, 2010 | 527,000.00 |
| Dec 31, 2010 | 527,000.00 |
| Sep 30, 2010 | 519,000.00 |
| Sep 30, 2010 | 519,000.00 |
| Jun 30, 2010 | 495,000.00 |
| Jun 30, 2010 | 495,000.00 |