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
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 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