Gdev (GDEV) Cost of Revenue (2020 - 2025)
Gdev (GDEV) reported Cost of Revenue of $15.0 million for Q4 2025, up 15.38% year-over-year from $13.0 million in Q4 2024, and up 7.14% quarter-over-quarter from $14.0 million in Q3 2025.
Gdev (GDEV) Cost of Revenue (2020 - 2025) Analysis & Trends
Gdev (GDEV) has 6 years of Cost of Revenue data on file, last reported at $15.0 million in Q4 2025.
- Cost of Revenue for Q4 2025 came in at $15.0 million, up 15.38% year-over-year; the trailing twelve-month figure through Dec 2025 was $57.2 million (up 11.34% YoY), and the FY2025 annual result was $56.7 million, up 11.79% from the prior year.
- Cost of Revenue rose to $15.0 million in Q4 2025 per GDEV's latest filing, from $14.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $56.0 million in Q4 2023 and troughed at $1.6 million in Q2 2021.
- A 5-year average of $14.5 million and a median of $13.0 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 602.43% in 2022, then sank 76.79% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $19.0 million in 2021, then sank by 31.58% to $13.0 million in 2022, then surged by 330.77% to $56.0 million in 2023, then tumbled by 76.79% to $13.0 million in 2024, then increased by 15.38% to $15.0 million in 2025.
- Business Quant data shows GDEV's Cost of Revenue at $15.0 million in Q4 2025, $14.0 million in Q3 2025, and $14.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | 710.00 Mn |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | 741.10 Mn |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | 294.00 Mn |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | 360.60 Mn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 29.81 Mn |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | 15.00 Mn |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | 21.96 Mn |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | 3.60 Mn |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | 105,000.00 |
| 10 | Playstudios | 70.83 Mn | -32.85 Mn | 37.39 Mn | 21.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.00 Mn |
| Dec 31, 2025 | 15.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 14.22 Mn |
| Jun 30, 2025 | 14.22 Mn |
| Mar 31, 2025 | 14.00 Mn |
| Mar 31, 2025 | 14.00 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Sep 30, 2024 | 13.00 Mn |
| Sep 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 12.40 Mn |
| Jun 30, 2024 | 12.40 Mn |
| Mar 31, 2024 | 13.00 Mn |
| Mar 31, 2024 | 13.00 Mn |
| Dec 31, 2023 | 56.00 Mn |
| Dec 31, 2023 | 56.00 Mn |
| Aug 28, 2023 | 27.00 Mn |
| Aug 28, 2023 | 27.00 Mn |