It Tech Packaging, Inc. (ITP) Cost of Revenue (2010 - 2025)
It Tech Packaging (ITP) posted Cost of Revenue of $23.58 million for Q3 2025, up 1.8% from $23.16 million a year earlier and up 0.2% from the prior quarter.
It Tech Packaging, Inc. (ITP) Cost of Revenue (2010 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Cost of Revenue at It Tech Packaging was $74.45 million, up 1.5% year-over-year; for FY2024, it was $69.15 million, down 19.2% from FY2023.
- Annual Cost of Revenue has declined for three consecutive years, with a five-year compound annual growth rate of -7.8% (FY2019 to FY2024).
- In prior years, It Tech Packaging's Cost of Revenue was $85.55 million in FY2023 (-10.5%), $95.6 million in FY2022 (-36.2%), $149.86 million in FY2021 (+57.4%) and $95.24 million in FY2020 (-8.4%).
- The Q3 2025 figure stands as the highest quarterly Cost of Revenue since Q2 2023.
- On a year-over-year basis, Cost of Revenue has increased in each of the last three quarters, with growth averaging 1.3% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2021, with growth of 151.1%; the weakest was Q1 2024, with a decline of 67.8%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $23.52 million (Q2 2025), $10.81 million (Q1 2025) and $16.53 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 23.58 Mn |
| Jun 30, 2025 | 23.52 Mn |
| Mar 31, 2025 | 10.81 Mn |
| Dec 31, 2024 | 16.53 Mn |
| Sep 30, 2024 | 23.16 Mn |
| Jun 30, 2024 | 22.98 Mn |
| Mar 31, 2024 | 6.46 Mn |
| Dec 31, 2023 | 20.71 Mn |
| Sep 30, 2023 | 15.92 Mn |
| Jun 30, 2023 | 28.84 Mn |
| Mar 31, 2023 | 20.07 Mn |
| Dec 31, 2022 | 20.35 Mn |
| Sep 30, 2022 | 28.93 Mn |
| Jun 30, 2022 | 31.15 Mn |
| Mar 31, 2022 | 15.17 Mn |
| Dec 31, 2021 | 40.71 Mn |
| Sep 30, 2021 | 43.27 Mn |
| Jun 30, 2021 | 43.51 Mn |
| Mar 31, 2021 | 22.38 Mn |
| Dec 31, 2020 | 31.73 Mn |
It Tech Packaging, Inc. Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ITP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ITP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ITP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();