Here (HERE) Cost of Revenue (2021 - 2025)
Here (HERE) posted Cost of Revenue of $10.5 million for fiscal Q1 2026 (quarter ended Sep 30, 2025), down 45.2% from $19.16 million a year earlier and down 49.9% from the prior quarter.
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Analysis
Here (HERE) Cost of Revenue (2021 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Cost of Revenue at Here was $61.56 million, down 22.3% year-over-year; for FY2025 (ended Jun 30, 2025), it came in at $70.32 million, down 7.1% from FY2024.
- Annual Cost of Revenue shows a four-year compound annual growth rate of 27.0% (FY2021 to FY2025).
- In prior fiscal years, Here's Cost of Revenue was $75.73 million in FY2024 (+40.3%), $53.99 million in FY2023 (-14.8%), $63.36 million in FY2022 (+134.4%) and $27.03 million in FY2021.
- The fiscal Q1 2026 figure stands as the lowest quarterly Cost of Revenue in data going back to fiscal Q2 2022.
- On a year-over-year basis, Cost of Revenue increased in five of the last eight quarters, with growth averaging 3.7%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q1 2024, with growth of 47.6%; the weakest was fiscal Q1 2026, with a decline of 45.2%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $20.97 million (Q4 2025), $13.31 million (Q3 2025) and $16.78 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.15 Bn | 11.20 Bn | 1.07 Bn | 561.00 Mn |
| 2 | Hasbro | 12.63 Bn | 8.42 Bn | 867.20 Mn | 272.40 Mn |
| 3 | Acushnet Holdings | 4.89 Bn | 4.63 Bn | 445.83 Mn | 374.12 Mn |
| 4 | Mattel | 4.36 Bn | 1.04 Bn | 542.12 Mn | 583.21 Mn |
| 5 | YETI Holdings | 2.98 Bn | 2.30 Bn | 322.52 Mn | 161.34 Mn |
| 6 | Callaway Golf | 2.58 Bn | 33.08 Mn | 306.70 Mn | 305.50 Mn |
| 7 | Peloton Interactive | 2.16 Bn | -2.46 Bn | 344.40 Mn | 263.40 Mn |
| 8 | Unusual Machines | 1.12 Bn | 655.02 Mn | 5.80 Mn | 10.92 Mn |
| 9 | Sturm Ruger | 708.48 Mn | 312.48 Mn | 33.74 Mn | 124.32 Mn |
| 10 | Here | 91.40 Mn | -275.41 Mn | 4.86 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 20.97 Mn |
| Mar 31, 2025 | 13.31 Mn |
| Dec 31, 2024 | 16.78 Mn |
| Sep 30, 2024 | 19.16 Mn |
| Jun 30, 2024 | 19.44 Mn |
| Mar 31, 2024 | 20.20 Mn |
| Dec 31, 2023 | 20.43 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 16.02 Mn |
| Mar 31, 2023 | 14.72 Mn |
| Dec 31, 2022 | 14.39 Mn |
| Sep 30, 2022 | 10.97 Mn |
| Jun 30, 2022 | 16.31 Mn |
| Mar 31, 2022 | 18.00 Mn |
| Dec 31, 2021 | 15.78 Mn |
API Access
Here Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HERE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HERE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HERE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();