Quhuo (QHUOY) Cost of Revenue (2019 - 2025)
Quhuo (QHUOY) reported Cost of Revenue of $198.2 million for Q4 2025, up 5.0% year-over-year from $188.8 million in Q4 2024, and up 5.0% quarter-over-quarter from $188.8 million in Q4 2024.
Quhuo (QHUOY) Cost of Revenue (2019 - 2025) Analysis & Trends
Quhuo (QHUOY) has 7 years of Cost of Revenue data on file, last reported at $198.2 million in Q4 2025.
- Cost of Revenue for Q4 2025 came in at $198.2 million, up 5.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $910.5 million (down 12.0% YoY), and the FY2025 annual result was $359.4 million, down 11.76% from the prior year.
- Cost of Revenue climbed to $198.2 million in Q4 2025 per QHUOY's latest filing, from $188.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $322.3 million in Q4 2021 and troughed at $132.6 million in Q1 2021.
- A 5-year average of $209.0 million and a median of $193.5 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2024: Cost of Revenue surged 153.12% in 2021, then declined 28.18% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $322.3 million in 2021, then slipped by 19.14% to $260.7 million in 2022, then advanced by 0.84% to $262.9 million in 2023, then retreated by 28.18% to $188.8 million in 2024, then advanced by 5.0% to $198.2 million in 2025.
- Business Quant data shows QHUOY's Cost of Revenue at $198.2 million in Q4 2025, $188.8 million in Q4 2024, and $262.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 245.77 Bn | 227.80 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 173.38 Bn | 170.83 Bn | - | 55.33 Mn |
| 3 | Salesforce | 149.14 Bn | 137.30 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 141.25 Bn | 140.21 Bn | 11.88 Bn | 1.33 Bn |
| 5 | Shopify | 141.09 Bn | 135.35 Bn | 1.55 Bn | 1.62 Bn |
| 6 | ServiceNow | 109.96 Bn | 104.78 Bn | 2.83 Bn | 940.00 Mn |
| 7 | Cadence Design Systems | 104.55 Bn | 103.15 Bn | 1.26 Bn | 211.49 Mn |
| 8 | Adobe | 95.76 Bn | 88.87 Bn | 5.73 Bn | 1.71 Bn |
| 9 | Automatic Data Processing | 93.36 Bn | 90.13 Bn | 2.87 Bn | 3.07 Bn |
| 10 | Quhuo | - | - | 1.17 Mn | 198.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 198.22 Mn |
| Dec 31, 2025 | 198.22 Mn |
| Dec 31, 2024 | 188.78 Mn |
| Dec 31, 2024 | 188.78 Mn |
| Dec 31, 2023 | 262.86 Mn |
| Dec 31, 2023 | 262.86 Mn |
| Dec 31, 2022 | 260.66 Mn |
| Dec 31, 2022 | 260.66 Mn |
| Dec 31, 2021 | 322.35 Mn |
| Dec 31, 2021 | 322.35 Mn |
| Sep 30, 2021 | 163.75 Mn |
| Sep 30, 2021 | 163.75 Mn |
| Jun 30, 2021 | 142.49 Mn |
| Jun 30, 2021 | 142.49 Mn |
| Mar 31, 2021 | 132.60 Mn |
| Mar 31, 2021 | 132.60 Mn |
| Dec 31, 2020 | 127.35 Mn |
| Dec 31, 2020 | 127.35 Mn |
| Sep 30, 2020 | 101.43 Mn |
| Sep 30, 2020 | 101.43 Mn |