Vulcan Infrastructure & Power (GREEL) Cost of Revenue (2020 - 2026)
Vulcan Infrastructure & Power's (GREEL) quarterly Cost of Revenue came in at $4.6 million in Q2 2026, down 29.59% year-over-year from $6.6 million in Q2 2025, and down 64.39% quarter-over-quarter from $13.0 million in Q1 2026.
Analysis
Vulcan Infrastructure & Power (GREEL) Cost of Revenue (2020 - 2026) Analysis & Trends
Vulcan Infrastructure & Power (GREEL) has reported Cost of Revenue for 7 consecutive years, with $4.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 29.59% year-over-year to $4.6 million in Q2 2026; TTM through Jun 2026 was $27.4 million, a 19.26% increase from a year earlier, with the FY2025 full-year figure at $22.6 million, up 1.55% from the prior year.
- Cost of Revenue was $4.6 million for Q2 2026 at Vulcan Infrastructure & Power, down from $13.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $14.7 million in Q3 2022 and troughed at $4.2 million in Q4 2025.
- A 5-year average of $7.7 million and a median of $6.7 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 323.53% in 2022 and sank 47.25% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $12.4 million in 2022, then dropped by 28.5% to $8.9 million in 2023, then tumbled by 40.51% to $5.3 million in 2024, then decreased by 19.87% to $4.2 million in 2025, then climbed by 9.58% to $4.6 million in 2026.
- The last three Cost of Revenue figures came in at $4.6 million (Q2 2026), $13.0 million (Q1 2026), and $4.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 1.23 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 12.40 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 15.05 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 161.46 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 357.22 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 94.16 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 335.08 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 78.82 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 9.96 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 4.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.63 Mn |
| Mar 31, 2026 | 13.01 Mn |
| Dec 31, 2025 | 4.23 Mn |
| Sep 30, 2025 | 5.59 Mn |
| Jun 30, 2025 | 6.58 Mn |
| Mar 31, 2025 | 6.19 Mn |
| Dec 31, 2024 | 5.27 Mn |
| Sep 30, 2024 | 4.98 Mn |
| Jun 30, 2024 | 4.79 Mn |
| Mar 31, 2024 | 7.02 Mn |
| Dec 31, 2023 | 8.87 Mn |
| Sep 30, 2023 | 9.43 Mn |
| Jun 30, 2023 | 6.73 Mn |
| Mar 31, 2023 | 4.67 Mn |
| Dec 31, 2022 | 12.40 Mn |
| Sep 30, 2022 | 14.68 Mn |
| Jun 30, 2022 | 11.66 Mn |
| Mar 31, 2022 | 8.46 Mn |
| Dec 31, 2021 | 7.66 Mn |
| Sep 30, 2021 | 5.97 Mn |