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
DateValue
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