Ibex (IBEX) Cost of Revenue (2022 - 2026)
Ibex's (IBEX) quarterly Cost of Revenue came in at $115.6 million in Q1 2026, up 20.41% year-on-year from $96.0 million in Q1 2025, and down 0.87% on a QoQ basis from $116.6 million in Q4 2025.
Ibex (IBEX) Cost of Revenue (2022 - 2026) Analysis & Trends
Ibex (IBEX) has 5 years of Cost of Revenue data on file, last reported at $115.6 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 20.41% year-over-year to $115.6 million in Q1 2026; TTM through Mar 2026 was $439.7 million, a 18.77% increase from a year earlier, with the FY2025 full-year figure at $385.7 million, up 8.18% from the prior year.
- Cost of Revenue for Q1 2026 stood at $115.6 million, down from $116.6 million in the prior quarter.
- Over the last five years, Cost of Revenue for IBEX reached as high as $116.6 million in Q4 2025 and fell as low as $85.4 million in Q2 2024.
- Historically, Cost of Revenue has averaged $97.1 million across 5 years, with a median of $96.0 million in 2025.
- Across the five-year window, Cost of Revenue decreased 8.28% in 2023 and rose 20.41% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $99.8 million in 2022, then declined by 3.91% to $95.9 million in 2023, then grew by 3.0% to $98.8 million in 2024, then advanced by 18.09% to $116.6 million in 2025, then retreated by 0.87% to $115.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $115.6 million in Q1 2026, $116.6 million in Q4 2025, and $106.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | 7.26 Bn |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 12.58 Bn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | 324.09 Mn |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | 3.48 Bn |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 3.64 Bn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | 2.19 Bn |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | 1.85 Bn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 4.49 Bn |
| 10 | Ibex | 470.02 Mn | 454.61 Mn | 48.79 Mn | 115.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 115.61 Mn |
| Mar 31, 2026 | 115.61 Mn |
| Dec 31, 2025 | 116.63 Mn |
| Dec 31, 2025 | 116.63 Mn |
| Sep 30, 2025 | 106.58 Mn |
| Sep 30, 2025 | 106.58 Mn |
| Jun 30, 2025 | 100.87 Mn |
| Jun 30, 2025 | 100.87 Mn |
| Mar 31, 2025 | 96.02 Mn |
| Mar 31, 2025 | 96.02 Mn |
| Dec 31, 2024 | 98.76 Mn |
| Dec 31, 2024 | 98.76 Mn |
| Sep 30, 2024 | 90.04 Mn |
| Sep 30, 2024 | 90.04 Mn |
| Jun 30, 2024 | 85.37 Mn |
| Jun 30, 2024 | 85.37 Mn |
| Mar 31, 2024 | 87.08 Mn |
| Mar 31, 2024 | 87.08 Mn |
| Dec 31, 2023 | 95.88 Mn |
| Dec 31, 2023 | 95.88 Mn |