Reed'S, Inc. (REED) Cost of Revenue (2010 - 2024)

Reed'S (REED) has 14 years of Cost of Revenue data on file, last reported at $5.5 million in Q3 2024.

• Quarterly Cost of Revenue fell 29.22% year-over-year to $5.5 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $27.9 million (down 21.21% YoY) and the FY2023 annual result came in at $31.9 million, down 22.1% from the prior year.
• Cost of Revenue slipped to $5.5 million in Q3 2024, from $8.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $11.6 million in Q4 2022 to a low of $5.5 million in Q3 2024.
• A 4-year average of $8.2 million and a median of $8.0 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2020 — Cost of Revenue increased 11.91% — and 2023, when it plunged 30.08%.
• Tracing REED's Cost of Revenue over 4 years: stood at $7.9 million in 2020, then surged by 47.41% to $11.6 million in 2022, then tumbled by 30.08% to $8.1 million in 2023, then plunged by 31.69% to $5.5 million in 2024.
• The last three Cost of Revenue figures came in at $5.5 million (Q3 2024), $8.0 million (Q2 2024), and $6.2 million (Q1 2024), per Business Quant data.