Hello (MOMO) Cost of Revenue (2013 - 2025)
Hello (MOMO) posted Cost of Revenue of $230.4 million for Q4 2025, down 1.07% sequentially from $232.9 million in Q3 2025, and down 2.48% YoY from $236.3 million in Q4 2024.
Hello (MOMO) Cost of Revenue (2013 - 2025) Analysis & Trends
Hello has reported Cost of Revenue for 13 years, with the latest figure at $230.4 million in Q4 2025.
- Quarterly Cost of Revenue fell 2.48% year-over-year to $230.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $904.0 million (up 0.96% YoY) and the FY2025 annual result came in at $921.9 million, up 4.37% from the prior year.
- Cost of Revenue fell to $230.4 million in Q4 2025 per MOMO's latest filing, from $232.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $343.9 million in Q4 2021 and troughed at $208.2 million in Q1 2024.
- A 5-year average of $259.1 million and a median of $246.1 million in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue climbed 13.85% in 2021, then slipped 21.75% in 2022.
- Over 5 years, Cost of Revenue stood at $343.9 million in 2021, then dropped by 19.22% to $277.8 million in 2022, then dropped by 10.25% to $249.3 million in 2023, then retreated by 5.22% to $236.3 million in 2024, then slipped by 2.48% to $230.4 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $230.4 million, $232.9 million, and $224.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 337.35 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 2.84 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 3.56 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 376.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 131,586.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 103.80 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 70.31 Mn | |
| 10 | Hello | 1.94 Bn | 747.09 Mn | 137.89 Mn | 230.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 230.44 Mn |
| Dec 31, 2025 | 230.44 Mn |
| Sep 30, 2025 | 232.94 Mn |
| Sep 30, 2025 | 232.94 Mn |
| Jun 30, 2025 | 224.43 Mn |
| Jun 30, 2025 | 224.43 Mn |
| Mar 31, 2025 | 216.22 Mn |
| Mar 31, 2025 | 216.22 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Sep 30, 2024 | 231.38 Mn |
| Sep 30, 2024 | 231.38 Mn |
| Jun 30, 2024 | 219.59 Mn |
| Jun 30, 2024 | 219.59 Mn |
| Mar 31, 2024 | 208.16 Mn |
| Mar 31, 2024 | 208.16 Mn |
| Dec 31, 2023 | 249.32 Mn |
| Dec 31, 2023 | 249.32 Mn |
| Sep 30, 2023 | 242.81 Mn |
| Sep 30, 2023 | 242.81 Mn |