Mega Matrix (MPU) Cost of Revenue (2023 - 2025)
Mega Matrix (MPU) posted quarterly Cost of Revenue of $1.9 million for Q4 2025, down 52.72% year-over-year from $4.1 million in Q4 2024, and down 27.17% quarter-over-quarter from $2.6 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 $1.9 million for Q4 2025.
- In Q4 2025, Cost of Revenue fell 52.72% year-over-year to $1.9 million; the TTM figure through Dec 2025 stood at $12.4 million (down 45.1% YoY), while the FY2025 annual figure was $12.4 million, down 45.1% from the prior year.
- Cost of Revenue for Q4 2025 stood at $1.9 million, 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 -$25.7 billion in Q4 2023.
- The 3-year median for Cost of Revenue is $3.7 million (2024), against an average of -$2.6 billion.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 139854.35% in 2024, then sank 59.11% in 2025.
- Mega Matrix's Cost of Revenue stood at -$25.7 billion in 2023, then jumped by 100.02% to $4.1 million in 2024, then tumbled by 52.72% to $1.9 million in 2025.
- Business Quant data shows MPU's Cost of Revenue at $1.9 million in Q4 2025, $2.6 million in Q3 2025, and $3.4 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 6.04 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 13.67 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 4.62 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 5.72 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 605.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 680.99 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 556.12 Mn |
| 10 | Mega Matrix | 9.25 Mn | 1.95 Mn | 3.03 Mn | 1.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.92 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | 2.63 Mn |
| Sep 30, 2025 | 2.63 Mn |
| Jun 30, 2025 | 3.43 Mn |
| Jun 30, 2025 | 3.43 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Dec 31, 2024 | 4.05 Mn |
| Dec 31, 2024 | 4.05 Mn |
| Sep 30, 2024 | 6.44 Mn |
| Sep 30, 2024 | 6.44 Mn |
| Jun 30, 2024 | 4.34 Mn |
| Jun 30, 2024 | 4.34 Mn |
| Mar 31, 2024 | 7.72 Mn |
| Mar 31, 2024 | 7.72 Mn |
| Dec 31, 2023 | -25.70 Bn |
| Dec 31, 2023 | -25.70 Bn |
| Sep 30, 2023 | 4,600.00 |
| Sep 30, 2023 | 4,600.00 |