Here (HERE) Cost of Revenue (2021 - 2025)

Here has disclosed Cost of Revenue across 5 years of filings, most recently posting $10.5 million for Q3 2025.

• Quarterly Cost of Revenue fell 45.21% year-over-year to $10.5 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $61.6 million (down 22.3% YoY) and the FY2025 annual result came in at $224.9 million, up 197.03% from the prior year.
• Cost of Revenue eased to $10.5 million in Q3 2025, from $21.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $21.0 million in Q2 2025 and troughed at $10.5 million in Q3 2025.
• A 5-year average of $16.4 million and a median of $16.3 million in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2023 — Cost of Revenue surged 47.62% — and 2025, when it sank 45.21%.
• Tracing HERE's Cost of Revenue over 5 years: stood at $15.8 million in 2021, then fell by 8.79% to $14.4 million in 2022, then surged by 41.94% to $20.4 million in 2023, then fell by 17.83% to $16.8 million in 2024, then slumped by 37.46% to $10.5 million in 2025.
• Business Quant data shows HERE's Cost of Revenue at $10.5 million in Q3 2025, $21.0 million in Q2 2025, and $13.3 million in Q1 2025.