Murano Global Investments (MRNO) Cost of Revenue (2023 - 2025)

Murano Global Investments (MRNO) recorded quarterly Cost of Revenue of $1.2 million in Q3 2025, up 32.85% quarter-over-quarter from $902419.4 in Q2 2025, and down 37.32% on a YoY basis from $1.9 million in Q3 2024.

Murano Global Investments (MRNO) Cost of Revenue (2023 - 2025) Analysis & Trends

Murano Global Investments' Cost of Revenue history runs 3 years deep, the most recent figure standing at $1.2 million for Q3 2025.

  • In Q3 2025, Cost of Revenue fell 37.32% year-over-year to $1.2 million; the TTM figure through Sep 2025 stood at $6.9 million (up 90.71% YoY), while the FY2024 annual figure was $5.3 million, up 49.28% from the prior year.
  • Cost of Revenue was $1.2 million for Q3 2025 at Murano Global Investments, up from $902419.4 in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.7 million in Q4 2024 to a low of -$233831.1 in Q2 2024.
  • Historically, Cost of Revenue has averaged $1.2 million across 3 years, with a median of $1.1 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue tumbled 114.82% in 2024, then surged 485.93% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at $826990.7 in 2023, then soared by 230.38% to $2.7 million in 2024, then slumped by 56.12% to $1.2 million in 2025.
  • The last three Cost of Revenue figures came in at $1.2 million (Q3 2025), $902419.4 (Q2 2025), and $2.1 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.62 Bn 19.42 Bn - -
2 Howard Hughes Holdings 3.94 Bn 2.17 Bn 182.88 Mn 53.03 Mn
3 Century Communities 1.68 Bn 1.60 Bn 637.90 Mn 151.77 Mn
4 Forestar 1.45 Bn 1.09 Bn 80.20 Mn 294.10 Mn
5 Five Point Holdings 358.29 Mn 1.49 Bn 13.58 Mn -
6 Sky Harbour 314.26 Mn 321.46 Mn 7.09 Mn 969,000.00
7 Belpointe PREP 181.39 Mn 162.43 Mn - -
8 Amrep 137.42 Mn 86.93 Mn 14.23 Mn 342,000.00
9 Smith Douglas Homes 116.87 Mn 442.72 Mn 40.45 Mn 165.99 Mn
10 Murano Global Investments 1.45 Mn -13.51 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 1.20 Mn
Sep 30, 2025 1.20 Mn
Jun 30, 2025 902,419.40
Jun 30, 2025 902,419.40
Mar 31, 2025 2.11 Mn
Mar 31, 2025 2.11 Mn
Dec 31, 2024 2.73 Mn
Dec 31, 2024 2.73 Mn
Sep 30, 2024 1.91 Mn
Sep 30, 2024 1.91 Mn
Jun 30, 2024 -233,831.11
Jun 30, 2024 -233,831.11
Mar 31, 2024 1.14 Mn
Mar 31, 2024 1.14 Mn
Dec 31, 2023 826,990.74
Dec 31, 2023 826,990.74
Sep 30, 2023 480,896.81
Sep 30, 2023 480,896.81
Jun 30, 2023 1.58 Mn
Jun 30, 2023 1.58 Mn