Phoenix Motor Inc. (PEVM) Cost of Revenue (2021 - 2025)
Phoenix Motor (PEVM) reported Cost of Revenue of $1.82 million for Q3 2025, down 50.2% from $3.66 million a year earlier and down 0.3% from the prior quarter.
Phoenix Motor Inc. (PEVM) Cost of Revenue (2021 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Phoenix Motor's Cost of Revenue came in at $10.02 million, down 52.4% year-over-year; for FY2024, it was $24.1 million, up 609.2% from FY2023.
- Cost of Revenue has a three-year compound annual growth rate of 89.5% (FY2021 to FY2024).
- By year, Cost of Revenue came in at $3.4 million in FY2023 (-3.2%), $3.51 million in FY2022 (-0.8%) and $3.54 million in FY2021.
- The Q3 2025 figure ranks as the lowest quarterly Cost of Revenue since Q4 2023.
- Year over year, Cost of Revenue has now declined in each of the last three quarters, with growth averaging 132.9% over the last six quarters.
- The high point for year-over-year Cost of Revenue in five years was Q2 2024 (growth of 737.0%); the low point was Q2 2025 (a decline of 82.1%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $1.83 million (Q2 2025), $3.05 million (Q1 2025) and $3.33 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.82 Mn |
| Jun 30, 2025 | 1.83 Mn |
| Mar 31, 2025 | 3.05 Mn |
| Dec 31, 2024 | 3.33 Mn |
| Sep 30, 2024 | 3.66 Mn |
| Jun 30, 2024 | 10.20 Mn |
| Mar 31, 2024 | 6.92 Mn |
| Dec 31, 2023 | 278,000.00 |
| Sep 30, 2023 | 293,000.00 |
| Jun 30, 2023 | 1.22 Mn |
| Mar 31, 2023 | 1.61 Mn |
| Dec 31, 2022 | 1.50 Mn |
| Sep 30, 2022 | 288,000.00 |
| Jun 30, 2022 | 1.17 Mn |
| Mar 31, 2022 | 551,000.00 |
| Dec 31, 2021 | 1.70 Mn |
| Sep 30, 2021 | 603,000.00 |
| Jun 30, 2021 | 812,000.00 |
Phoenix Motor Inc. 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=PEVM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PEVM", "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=PEVM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();