Hello (MOMO) Cost of Revenue (2013 - 2025)

Hello's (MOMO) quarterly Cost of Revenue came in at $49.8 million in Q4 2025, up 14.79% year-on-year from $43.4 million in Q4 2024, and up 3.12% quarter-over-quarter from $48.3 million in Q3 2025.

Hello (MOMO) Cost of Revenue (2013 - 2025) Analysis & Trends

Hello has disclosed Cost of Revenue across 13 years of filings, most recently posting $49.8 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $49.8 million, up 14.79% year-over-year; the trailing twelve-month figure through Dec 2025 was $192.0 million (up 3.88% YoY), and the FY2025 annual result was $195.7 million, down 77.84% from the prior year.
  • Cost of Revenue came in at $49.8 million for Q4 2025 at Hello, up from $48.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $105.7 million in Q3 2021 to a low of $40.6 million in Q1 2024.
  • The 5-year median for Cost of Revenue is $50.9 million (2023), against an average of $64.4 million.
  • Across the five-year window, Cost of Revenue plunged 46.1% in 2023 and increased 14.79% in 2025, its largest moves.
  • Hello's Cost of Revenue stood at $103.5 million in 2021, then sank by 42.98% to $59.0 million in 2022, then decreased by 27.29% to $42.9 million in 2023, then increased by 1.1% to $43.4 million in 2024, then advanced by 14.79% to $49.8 million in 2025.
  • The last three Cost of Revenue figures came in at $49.8 million (Q4 2025), $48.3 million (Q3 2025), and $48.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 103.80 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 7.61 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 10.22 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 3.56 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 151.47 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 238.55 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 43.23 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 239.01 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 189.00 Mn
10 Hello 262.88 Mn -475.69 Mn 318.52 Mn 49.81 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 49.81 Mn
Dec 31, 2025 49.81 Mn
Sep 30, 2025 48.30 Mn
Sep 30, 2025 48.30 Mn
Jun 30, 2025 48.49 Mn
Jun 30, 2025 48.49 Mn
Mar 31, 2025 45.36 Mn
Mar 31, 2025 45.36 Mn
Dec 31, 2024 43.39 Mn
Dec 31, 2024 43.39 Mn
Sep 30, 2024 50.57 Mn
Sep 30, 2024 50.57 Mn
Jun 30, 2024 50.19 Mn
Jun 30, 2024 50.19 Mn
Mar 31, 2024 40.64 Mn
Mar 31, 2024 40.64 Mn
Dec 31, 2023 42.92 Mn
Dec 31, 2023 42.92 Mn
Sep 30, 2023 51.25 Mn
Sep 30, 2023 51.25 Mn