KPIs & Operating Metrics(New)
Growth Metrics

M (MHO) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for M (MHO) over the last 16 years, with Q4 2025 value amounting to $947.2 million.

  • M's Cost of Revenue rose 426.27% to $947.2 million in Q4 2025 from the same period last year, while for Dec 2025 it was $3.4 billion, marking a year-over-year increase of 286.77%. This contributed to the annual value of $3.4 billion for FY2025, which is 286.77% up from last year.
  • As of Q4 2025, M's Cost of Revenue stood at $947.2 million, which was up 426.27% from $854.1 million recorded in Q3 2025.
  • M's Cost of Revenue's 5-year high stood at $947.2 million during Q4 2025, with a 5-year trough of $626.6 million in Q1 2021.
  • Moreover, its 5-year median value for Cost of Revenue was $764.0 million (2023), whereas its average is $782.3 million.
  • As far as peak fluctuations go, M's Cost of Revenue surged by 3594.11% in 2021, and later crashed by 2273.46% in 2023.
  • Over the past 5 years, M's Cost of Revenue (Quarter) stood at $808.2 million in 2021, then grew by 16.62% to $942.5 million in 2022, then decreased by 22.73% to $728.2 million in 2023, then increased by 24.75% to $908.5 million in 2024, then rose by 4.26% to $947.2 million in 2025.
  • Its last three reported values are $947.2 million in Q4 2025, $854.1 million for Q3 2025, and $876.0 million during Q2 2025.