Ibex (IBEX) Cost of Revenue (2022 - 2026)
Ibex (IBEX) posted quarterly Cost of Revenue of $115.6 million for Q1 2026, up 20.41% year-over-year from $96.0 million in Q1 2025, and down 0.87% quarter-over-quarter from $116.6 million in Q4 2025.
Ibex (IBEX) Cost of Revenue (2022 - 2026) Analysis & Trends
Ibex (IBEX) has reported Cost of Revenue for 5 consecutive years, with $115.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 20.41% year-over-year to $115.6 million; the TTM figure through Mar 2026 stood at $439.7 million (up 18.77% YoY), while the FY2025 annual figure was $385.7 million, up 8.18% from the prior year.
- Cost of Revenue declined to $115.6 million in Q1 2026 per IBEX's latest filing, from $116.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $116.6 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Cost of Revenue dropped 8.28% — and 2026, when it advanced 20.41%.
- Ibex's Cost of Revenue stood at $99.8 million in 2022, then slipped by 3.91% to $95.9 million in 2023, then advanced by 3.0% to $98.8 million in 2024, then rose by 18.09% to $116.6 million in 2025, then declined by 0.87% to $115.6 million in 2026.
- Business Quant data shows IBEX's Cost of Revenue at $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 | 222.17 Bn | 210.81 Bn | 9.91 Bn | 7.26 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 12.58 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 3.48 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 3.65 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 2.20 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.37 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 1.85 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 3.74 Bn |
| 10 | Ibex | 492.89 Mn | 477.48 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 |