Gulf Resources (GURE) Cost of Revenue (2010 - 2024)

Gulf Resources has reported Cost of Revenue for 14 years, with the latest figure at $5.1 million in Q2 2024.

• Quarterly Cost of Revenue fell 30.18% year-over-year to $5.1 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $21.2 million (down 29.48% YoY) and the FY2023 annual result came in at $28.1 million, down 2.02% from the prior year.
• Cost of Revenue rose to $5.1 million in Q2 2024 per GURE's latest filing, from $2.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $8.4 million in Q3 2022 and troughed at $2.1 million in Q1 2024.
• A 5-year average of $6.3 million and a median of $6.8 million in 2020 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2020 and 2024: Cost of Revenue jumped 93.67% in 2020, then plunged 68.68% in 2024.
• Over 5 years, Cost of Revenue stood at $6.7 million in 2020, then climbed by 16.62% to $7.8 million in 2021, then decreased by 2.87% to $7.6 million in 2022, then advanced by 0.17% to $7.6 million in 2023, then sank by 32.96% to $5.1 million in 2024.
• According to Business Quant data, Cost of Revenue over the past three periods registered $5.1 million, $2.1 million, and $7.6 million for Q2 2024, Q1 2024, and Q4 2023 respectively.