Ispire Technology (ISPR) Cost of Revenue (2022 - 2026)
Ispire Technology (ISPR) posted quarterly Cost of Revenue of $16.7 million for Q1 2026, down 22.04% year-over-year from $21.4 million in Q1 2025, and down 0.7% quarter-over-quarter from $16.8 million in Q4 2025.
Ispire Technology (ISPR) Cost of Revenue (2022 - 2026) Analysis & Trends
Ispire Technology (ISPR) has reported Cost of Revenue for 5 consecutive years, with $16.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 22.04% year-over-year to $16.7 million; the TTM figure through Mar 2026 stood at $76.4 million (down 32.99% YoY), while the FY2025 annual figure was $104.8 million, down 14.15% from the prior year.
- Cost of Revenue eased to $16.7 million in Q1 2026 per ISPR's latest filing, from $16.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $36.0 million in Q3 2023 and bottomed at $16.0 million in Q1 2022.
- Historically, Cost of Revenue has averaged $24.4 million across 5 years, with a median of $23.9 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 62.61% — and 2025, when it slumped 50.71%.
- Ispire Technology's Cost of Revenue stood at $26.8 million in 2022, then surged by 32.41% to $35.4 million in 2023, then declined by 3.75% to $34.1 million in 2024, then plunged by 50.71% to $16.8 million in 2025, then declined by 0.7% to $16.7 million in 2026.
- Business Quant data shows ISPR's Cost of Revenue at $16.7 million in Q1 2026, $16.8 million in Q4 2025, and $25.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 1.54 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | 82.40 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 49.26 Mn |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | 440.69 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 16.69 Mn |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 4.49 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | 50,000.00 |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | 542,695.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.69 Mn |
| Mar 31, 2026 | 16.69 Mn |
| Dec 31, 2025 | 16.81 Mn |
| Dec 31, 2025 | 16.81 Mn |
| Sep 30, 2025 | 25.20 Mn |
| Sep 30, 2025 | 25.20 Mn |
| Jun 30, 2025 | 17.66 Mn |
| Jun 30, 2025 | 17.66 Mn |
| Mar 31, 2025 | 21.41 Mn |
| Mar 31, 2025 | 21.41 Mn |
| Dec 31, 2024 | 34.11 Mn |
| Dec 31, 2024 | 34.11 Mn |
| Sep 30, 2024 | 31.66 Mn |
| Sep 30, 2024 | 31.66 Mn |
| Jun 30, 2024 | 26.78 Mn |
| Jun 30, 2024 | 26.78 Mn |
| Mar 31, 2024 | 23.89 Mn |
| Mar 31, 2024 | 23.89 Mn |
| Dec 31, 2023 | 35.43 Mn |
| Dec 31, 2023 | 35.43 Mn |