NaaS Technology NAAS
NASDAQ NAAS
$3.25 +0.15 (+4.84%)
As of: Sep 9, 2026 · 2:46 PM EDT

NaaS Technology (NAAS) Cost of Revenue (2016 - 2024)

NaaS Technology's (NAAS) quarterly Cost of Revenue came in at $10.3 million in Q4 2024, up 53.83% year-over-year from $6.7 million in Q1 2024, and up 275.46% quarter-over-quarter from $2.8 million in Q3 2024.

Analysis

NaaS Technology (NAAS) Cost of Revenue (2016 - 2024) Analysis & Trends

NaaS Technology (NAAS) has reported Cost of Revenue for 9 consecutive years, with $10.3 million the latest figure, recorded in Q4 2024.

  • On a quarterly basis, Cost of Revenue rose 53.83% year-over-year to $10.3 million in Q4 2024; TTM through Dec 2024 was $31.5 million, a 2.2% decrease from a year earlier, with the FY2025 full-year figure at $16.5 million, up 7.34% from the prior year.
  • Cost of Revenue was $10.3 million for Q4 2024 at NaaS Technology, up from $2.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $25.3 million in Q2 2021 and troughed at $1.7 million in Q4 2021.
  • A 5-year average of $11.4 million and a median of $8.4 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue sank 93.02% in 2021 and surged 361.12% in 2023, its largest moves.
  • Over 5 years, Cost of Revenue stood at $23.9 million in 2020, then slumped by 93.02% to $1.7 million in 2021, then soared by 93.65% to $3.2 million in 2022, then soared by 107.87% to $6.7 million in 2023, then surged by 53.83% to $10.3 million in 2024.
  • The last three Cost of Revenue figures came in at $10.3 million (Q4 2024), $2.8 million (Q3 2024), and $8.4 million (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 NaaS Technology 737.26 Mn 725.91 Mn - -
2 Ads-Tec Energy Public 636.41 Mn 636.41 Mn -18.95 Mn 55,690.17
3 Wallbox 516.29 Mn 505.13 Mn - -
4 ChargePoint Holdings 234.80 Mn 139.07 Mn 42.30 Mn 73.77 Mn
5 EVgo 192.58 Mn 9.07 Mn 7.34 Mn 75.31 Mn
6 Ozop Energy Solutions 110.75 Mn 110.49 Mn - -
7 Blink Charging 79.47 Mn 45.47 Mn 8.44 Mn 13.23 Mn
8 Pioneer Power Solutions 35.18 Mn 24.51 Mn - -
9 Beam Global 30.65 Mn 29.63 Mn 1.53 Mn 7.04 Mn
10 Xchg 11.05 Mn -11,385.37 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 10.33 Mn
Sep 30, 2024 2.75 Mn
Jun 30, 2024 8.43 Mn
Mar 31, 2024 9.96 Mn
Dec 31, 2023 6.71 Mn
Sep 30, 2023 17.01 Mn
Jun 30, 2023 4.07 Mn
Mar 31, 2023 4.38 Mn
Dec 31, 2022 3.23 Mn
Sep 30, 2022 3.69 Mn
Jun 30, 2022 3.48 Mn
Mar 31, 2022 2.49 Mn
Dec 31, 2021 1.67 Mn
Jun 30, 2021 25.35 Mn
Mar 31, 2021 24.76 Mn
Dec 31, 2020 23.89 Mn
Sep 30, 2020 24.00 Mn
Jun 30, 2020 20.04 Mn
Mar 31, 2020 20.13 Mn
Dec 31, 2019 26.37 Mn