Karbon-X (KARX) Cost of Revenue (2023 - 2026)
Karbon-X (KARX) recorded Cost of Revenue of -$5 million in fiscal Q4 2026 (quarter ended May 31, 2026), compared with $1.53 million a year earlier.
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Analysis
Karbon-X (KARX) Cost of Revenue (2023 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Karbon-X reported Cost of Revenue of $55 million.
- Annual Cost of Revenue has a three-year compound annual growth rate of 3671.8% (FY2023 to FY2026).
- Across earlier fiscal years, Cost of Revenue came in at $2.36 million in FY2025 (+563.4%), $356,103 in FY2024 and $1,025 in FY2023.
- The fiscal Q4 2026 figure is the lowest quarterly Cost of Revenue in data going back to fiscal Q3 2023.
- Per Business Quant, the preceding three fiscal quarters came in at $5.8 million (Q3 2026), $18.84 million (Q2 2026) and $35.37 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 60.09 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Karbon-X | 18.03 Mn | 4.94 Mn | 85,253.00 | -5.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -5.00 Mn |
| Feb 28, 2026 | 5.80 Mn |
| Nov 30, 2025 | 18.84 Mn |
| Aug 31, 2025 | 35.37 Mn |
| May 31, 2025 | 1.53 Mn |
| Feb 28, 2025 | 97,852.00 |
| Nov 30, 2024 | 644,237.00 |
| Aug 31, 2024 | 94,098.00 |
| May 31, 2024 | 118,144.00 |
| Feb 29, 2024 | 223,758.00 |
| Nov 30, 2023 | 13,652.00 |
| Aug 31, 2023 | 549.00 |
| May 31, 2023 | -165.00 |
| Feb 28, 2023 | 1,190.00 |
API Access
Karbon-X 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=KARX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "KARX", "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=KARX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();