KPIs & Operating Metrics(New)

First Merchants (FRME) Cost of Revenue: 2016-2025

Historic Cost of Revenue for First Merchants (FRME) over the last 10 years, with Sep 2025 value amounting to $2.1 million.

  • First Merchants' Cost of Revenue rose 15.47% to $2.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $8.1 million, marking a year-over-year increase of 8.02%. This contributed to the annual value of $7.4 million for FY2024, which is 0.51% down from last year.
  • Latest data reveals that First Merchants reported Cost of Revenue of $2.1 million as of Q3 2025, which was up 6.16% from $2.0 million recorded in Q2 2025.
  • In the past 5 years, First Merchants' Cost of Revenue registered a high of $3.2 million during Q4 2022, and its lowest value of $736,000 during Q1 2022.
  • Over the past 3 years, First Merchants' median Cost of Revenue value was $1.8 million (recorded in 2024), while the average stood at $1.8 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first tumbled by 46.37% in 2021, then spiked by 77.85% in 2023.
  • First Merchants' Cost of Revenue (Quarterly) stood at $1.8 million in 2021, then skyrocketed by 71.58% to $3.2 million in 2022, then declined by 16.15% to $2.6 million in 2023, then decreased by 2.46% to $2.6 million in 2024, then grew by 15.47% to $2.1 million in 2025.
  • Its Cost of Revenue stands at $2.1 million for Q3 2025, versus $2.0 million for Q2 2025 and $1.4 million for Q1 2025.