Mega Matrix MPU
NYSE MPU
$0.20 +0.01 (+3.23%)
As of: Sep 8, 2026 · 3:58 PM EDT

Mega Matrix (MPU) Cost of Revenue (2023 - 2025)

Mega Matrix (MPU) posted Cost of Revenue of $1.9 million for Q4 2025, down 27.17% on a QoQ basis from $2.6 million in Q3 2025, and down 52.72% year-over-year from $4.1 million in Q4 2024.

Analysis

Mega Matrix (MPU) Cost of Revenue (2023 - 2025) Analysis & Trends

Mega Matrix has reported Cost of Revenue for 3 years, with the latest figure at $1.9 million in Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 52.72% year-over-year to $1.9 million in Q4 2025; TTM through Dec 2025 was $12.4 million, a 45.1% decrease from a year earlier, with the FY2025 full-year figure at $12.4 million, down 45.1% from the prior year.
  • Cost of Revenue was $1.9 million for Q4 2025 at Mega Matrix, down from $2.6 million in the prior quarter.
  • The five-year high for Cost of Revenue was $7.7 million in Q1 2024, with the low at $2300.0 in Q4 2023.
  • Average Cost of Revenue over 3 years is $3.5 million, with a median of $3.7 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue jumped 176191.3% in 2024, then sank 59.11% in 2025.
  • Over 3 years, Cost of Revenue stood at $2300.0 in 2023, then surged by 176191.3% to $4.1 million in 2024, then tumbled by 52.72% to $1.9 million in 2025.
  • The last three Cost of Revenue figures came in at $1.9 million (Q4 2025), $2.6 million (Q3 2025), and $3.4 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Netflix 321.15 Bn 312.02 Bn 6.52 Bn 6.04 Bn
2 Spotify Technology 108.56 Bn 97.65 Bn 1.86 Bn 3.70 Bn
3 Tencent Music Entertainment 12.38 Bn 8.87 Bn 582.00 Mn 735.00 Mn
4 Huya 485.14 Mn 124.88 Mn 37.58 Mn 218.77 Mn
5 iQIYI 427.67 Mn -43.23 Mn 152.37 Mn 770.95 Mn
6 FuboTV 324.08 Mn -128.33 Mn 399.10 Mn -23.86 Mn
7 Kaltura 221.37 Mn 190.08 Mn 34.54 Mn 12.36 Mn
8 CuriosityStream 157.45 Mn 109.05 Mn 16.93 Mn 6.31 Mn
9 Cineverse 47.34 Mn 43.02 Mn 10.66 Mn 19.94 Mn
10 Mega Matrix 8.76 Mn 1.45 Mn 3.03 Mn 1.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 1.92 Mn
Sep 30, 2025 2.63 Mn
Jun 30, 2025 3.43 Mn
Mar 31, 2025 4.40 Mn
Dec 31, 2024 4.05 Mn
Sep 30, 2024 6.44 Mn
Jun 30, 2024 4.34 Mn
Mar 31, 2024 7.72 Mn
Dec 31, 2023 2,300.00
Sep 30, 2023 4,600.00