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

Mega Matrix's (MPU) quarterly Cost of Revenue came in at $2.2 million in Q4 2025, down 82.04% year-on-year from $12.1 million in Q4 2024, and down 32.27% quarter-over-quarter from $3.2 million in Q3 2025.

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.

  • On a quarterly basis, Cost of Revenue fell 82.04% year-over-year to $2.2 million in Q4 2025; TTM through Dec 2025 was $11.7 million, a 48.08% decrease from a year earlier, with the FY2025 full-year figure at $11.7 million, down 48.08% from the prior year.
  • Cost of Revenue slipped to $2.2 million in Q4 2025 per MPU's latest filing, from $3.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $4.6 billion in Q3 2023 and bottomed at $2300.0 in Q4 2023.
  • The 3-year median for Cost of Revenue is $3.3 million (2025), against an average of $463.4 million.
  • Biggest YoY gain for Cost of Revenue was 523939.13% in 2024; the steepest drop was 99.91% in 2024.
  • Year by year, Cost of Revenue stood at $2300.0 in 2023, then soared by 523939.13% to $12.1 million in 2024, then plunged by 82.04% to $2.2 million in 2025.
  • Per Business Quant, the three latest MPU Cost of Revenue figures stand at $2.2 million (Q4 2025), $3.2 million (Q3 2025), and $2.9 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Netflix 295.51 Bn 286.39 Bn 6.52 Bn 6.04 Bn
2 Walt Disney 170.79 Bn 165.11 Bn 10.75 Bn 14.42 Bn
3 Warner Bros. Discovery 63.06 Bn 59.80 Bn 4.25 Bn 4.64 Bn
4 Live Nation Entertainment 41.67 Bn 32.60 Bn 1.31 Bn 2.48 Bn
5 Liberty Media 30.19 Bn 28.86 Bn 298.00 Mn 413.00 Mn
6 Fox 21.54 Bn 17.94 Bn - -
7 TKO Group Holdings 21.23 Bn 19.51 Bn 862.52 Mn 734.36 Mn
8 Roku 21.08 Bn 18.70 Bn 564.94 Mn 683.94 Mn
9 News 17.12 Bn 14.95 Bn - -
10 Mega Matrix 10.51 Mn 3.21 Mn 3.03 Mn 2.16 Mn

Historic Data

Download Data
DateValue
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 12.05 Mn
Dec 31, 2024 12.05 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