Mega Matrix (MPU) Cost of Revenue (2024 - 2025)
Mega Matrix (MPU) reported Cost of Revenue of $2.16 million for the quarter ended Dec 31, 2025, down 53.6% from $4.66 million a year earlier and down 32.3% from the prior quarter.
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Analysis
Mega Matrix (MPU) Cost of Revenue (2024 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Mega Matrix posted Cost of Revenue of $11.71 million, down 22.8% from the prior year.
- By year, Cost of Revenue came in at $15.16 million in the year ended Dec 31, 2024.
- The figure for the quarter ended Dec 31, 2025 ranks as the lowest quarterly Cost of Revenue in data going back to the quarter ended Mar 31, 2024.
- Year over year, Cost of Revenue gained in 1 of the last four quarters, with an average decline of 18.3%.
- Per Business Quant data, the three quarters before the quarter ended Dec 31, 2025 came in at $3.2 million (quarter ended Sep 30, 2025), $2.93 million (quarter ended Jun 30, 2025) and $3.42 million (quarter ended Mar 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Mega Matrix | 183.22 Mn | 158.93 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.16 Mn |
| Sep 30, 2025 | 3.20 Mn |
| Jun 30, 2025 | 2.93 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 4.29 Mn |
| Jun 30, 2024 | 2.71 Mn |
| Mar 31, 2024 | 3.50 Mn |
API Access
Mega Matrix Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MPU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MPU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MPU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();