Mega Matrix (MPU) Cost of Revenue (2023 - 2025)
Mega Matrix (MPU) recorded quarterly Cost of Revenue of $2.2 million in Q4 2025, down 32.27% quarter-over-quarter from $3.2 million in Q3 2025, and down 53.57% on a YoY basis from $4.7 million in Q4 2024.
Mega Matrix (MPU) Cost of Revenue (2023 - 2025) Analysis & Trends
Mega Matrix's Cost of Revenue history runs 3 years deep, the most recent figure standing at $2.2 million for Q4 2025.
- In Q4 2025, Cost of Revenue fell 53.57% year-over-year to $2.2 million; the TTM figure through Dec 2025 stood at $11.7 million (down 22.78% YoY), while the FY2025 annual figure was $11.7 million, down 22.78% from the prior year.
- Cost of Revenue was $2.2 million for Q4 2025 at Mega Matrix, down from $3.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $4.6 billion in Q3 2023 to a low of $2300.0 in Q4 2023.
- Historically, Cost of Revenue has averaged $462.7 million across 3 years, with a median of $3.3 million in 2025.
- Biggest YoY gain for Cost of Revenue was 202582.61% in 2024; the steepest drop was 99.91% in 2024.
- A 3-year view of Cost of Revenue shows it stood at $2300.0 in 2023, then surged by 202582.61% to $4.7 million in 2024, then slumped by 53.57% to $2.2 million in 2025.
- The last three Cost of Revenue figures came in at $2.2 million (Q4 2025), $3.2 million (Q3 2025), and $2.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 339.24 Bn | 326.95 Bn | 11.41 Bn | 842.22 Mn |
| 2 | Walt Disney | 177.26 Bn | 183.87 Bn | 23.68 Bn | 1.48 Bn |
| 3 | Warner Bros. Discovery | 67.20 Bn | 65.06 Bn | 4.25 Bn | 4.64 Bn |
| 4 | Brera Holdings | 43.43 Bn | 43.43 Bn | - | - |
| 5 | Live Nation Entertainment | 39.99 Bn | 31.53 Bn | 1.31 Bn | 2.48 Bn |
| 6 | Fox | 25.61 Bn | 22.11 Bn | - | - |
| 7 | Roku | 21.15 Bn | 18.77 Bn | 564.94 Mn | 221.22 Mn |
| 8 | Liberty Media | 20.63 Bn | 21.31 Bn | 298.00 Mn | 413.00 Mn |
| 9 | News | 16.23 Bn | 14.76 Bn | - | - |
| 10 | Mega Matrix | 18.84 Mn | 11.54 Mn | 3.03 Mn | 2.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.16 Mn |
| Dec 31, 2025 | 2.16 Mn |
| Sep 30, 2025 | 3.20 Mn |
| Sep 30, 2025 | 3.20 Mn |
| Jun 30, 2025 | 2.93 Mn |
| Jun 30, 2025 | 2.93 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 4.29 Mn |
| Sep 30, 2024 | 4.29 Mn |
| Jun 30, 2024 | 2.71 Mn |
| Jun 30, 2024 | 2.71 Mn |
| Mar 31, 2024 | 3.50 Mn |
| Mar 31, 2024 | 3.50 Mn |
| Dec 31, 2023 | 2,300.00 |
| Dec 31, 2023 | 2,300.00 |
| Sep 30, 2023 | 4.60 Bn |
| Sep 30, 2023 | 4.60 Bn |