New Royal Holdco I (GDEN) Cost of Revenue (2012 - 2025)

New Royal Holdco I's Cost of Revenue history runs 14 years deep, the most recent figure standing at $35.5 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 74.11% year-over-year to $35.5 million; the TTM figure through Dec 2025 stood at $122.8 million (up 40.92% YoY), while the FY2025 annual figure was $81.9 million, down 7.07% from the prior year.
• Cost of Revenue was $35.5 million for Q4 2025 at New Royal Holdco I, up from $32.9 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $362.7 million in Q4 2023 to a low of $2.7 million in Q1 2021.
• Historically, Cost of Revenue has averaged $41.1 million across 5 years, with a median of $12.1 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 2976.58% in 2022, then tumbled 94.38% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $6.5 million in 2021, then soared by 2976.58% to $201.1 million in 2022, then surged by 80.32% to $362.7 million in 2023, then sank by 94.38% to $20.4 million in 2024, then jumped by 74.11% to $35.5 million in 2025.
• The last three Cost of Revenue figures came in at $35.5 million (Q4 2025), $32.9 million (Q3 2025), and $20.5 million (Q2 2025), per Business Quant data.