Quhuo (QH) Cost of Revenue (2019 - 2025)

Quhuo (QH) has 7 years of Cost of Revenue data on file, last reported at $198.2 million in Q4 2025.

• On a quarterly basis, Cost of Revenue rose 5.0% year-over-year to $198.2 million in Q4 2025; TTM through Dec 2025 was $910.5 million, a 12.0% decrease from a year earlier, with the FY2025 full-year figure at $359.4 million, down 11.76% from the prior year.
• Cost of Revenue for Q4 2025 stood at $198.2 million, up from $188.8 million in the prior quarter.
• Over the last five years, Cost of Revenue for QH reached as high as $322.3 million in Q4 2021 and fell as low as $132.6 million in Q1 2021.
• Historically, Cost of Revenue has averaged $209.0 million across 5 years, with a median of $193.5 million in 2024.
• Across the five-year window, Cost of Revenue soared 153.12% in 2021 and slipped 28.18% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $322.3 million in 2021, then fell by 19.14% to $260.7 million in 2022, then increased by 0.84% to $262.9 million in 2023, then dropped by 28.18% to $188.8 million in 2024, then increased by 5.0% to $198.2 million in 2025.
• Per Business Quant data, the three most recent Cost of Revenue figures were $198.2 million in Q4 2025, $188.8 million in Q4 2024, and $262.9 million in Q4 2023.