Here (HERE) Cost of Revenue (2021 - 2025)
Here's (HERE) quarterly Cost of Revenue came in at $10.5 million in Q3 2025, down 45.21% YoY from $19.2 million in Q3 2024, and down 49.94% on a QoQ basis from $21.0 million in Q2 2025.
Here (HERE) Cost of Revenue (2021 - 2025) Analysis & Trends
Here (HERE) has 5 years of Cost of Revenue data on file, last reported at $10.5 million in 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 $70.3 million, down 7.14% from the prior year.
- Cost of Revenue fell to $10.5 million in Q3 2025, from $21.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $21.0 million in Q2 2025 to a low of $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 dropped by 8.79% to $14.4 million in 2022, then soared by 41.94% to $20.4 million in 2023, then dropped by 17.83% to $16.8 million in 2024, then plunged by 37.46% to $10.5 million in 2025.
- The last three Cost of Revenue figures came in at $10.5 million (Q3 2025), $21.0 million (Q2 2025), and $13.3 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | 780.10 Mn |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 272.40 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 453.73 Mn |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 374.12 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | 583.21 Mn |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 64.50 Mn |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 161.34 Mn |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 305.50 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 176.90 Mn |
| 10 | Here | 299.96 Mn | -96.31 Bn | 8.24 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 10.50 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 20.97 Mn |
| Jun 30, 2025 | 20.97 Mn |
| Mar 31, 2025 | 13.31 Mn |
| Mar 31, 2025 | 13.31 Mn |
| Dec 31, 2024 | 16.78 Mn |
| Dec 31, 2024 | 16.78 Mn |
| Sep 30, 2024 | 19.16 Mn |
| Sep 30, 2024 | 19.16 Mn |
| Jun 30, 2024 | 19.44 Mn |
| Jun 30, 2024 | 19.44 Mn |
| Mar 31, 2024 | 20.20 Mn |
| Mar 31, 2024 | 20.20 Mn |
| Dec 31, 2023 | 20.43 Mn |
| Dec 31, 2023 | 20.43 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 16.02 Mn |
| Jun 30, 2023 | 16.02 Mn |