Reed'S, Inc. (REED) Cost of Revenue (2010 - 2024)
Reed'S's Cost of Revenue was $5.54 million in Q3 2024, down 29.2% from $7.82 million a year earlier and down 31.2% from the prior quarter.
Powered by 
Analysis
Reed'S, Inc. (REED) Cost of Revenue (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Reed'S's Cost of Revenue was $27.87 million through Sep 30, 2024, down 21.2% year-over-year; for FY2023, it came in at $31.88 million, down 22.1% from FY2022.
- Cost of Revenue shows a five-year compound annual growth rate of 3.1% (FY2018 to FY2023).
- In earlier years, Cost of Revenue was $40.93 million in FY2022 and $25.94 million in FY2019 (-5.4%).
- The Q3 2024 figure marks the lowest quarterly Cost of Revenue since Q3 2012.
- Compared with a year earlier, Cost of Revenue was higher in 1 of the last seven quarters, with an average decline of 19.2%.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2024 (growth of 7.3%); the worst was Q4 2023 (a decline of 30.1%).
- Per Business Quant data, REED's Cost of Revenue in the three quarters before Q3 2024 was $8.04 million (Q2 2024), $6.18 million (Q1 2024) and $8.11 million (Q4 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 5.54 Mn |
| Jun 30, 2024 | 8.04 Mn |
| Mar 31, 2024 | 6.18 Mn |
| Dec 31, 2023 | 8.11 Mn |
| Sep 30, 2023 | 7.82 Mn |
| Jun 30, 2023 | 7.50 Mn |
| Mar 31, 2023 | 8.46 Mn |
| Dec 31, 2022 | 11.59 Mn |
| Sep 30, 2022 | 9.66 Mn |
| Jun 30, 2022 | 10.43 Mn |
| Mar 31, 2022 | 9.25 Mn |
| Jun 30, 2020 | 7.87 Mn |
| Mar 31, 2020 | 6.65 Mn |
| Dec 31, 2019 | 6.55 Mn |
| Sep 30, 2019 | 6.24 Mn |
| Jun 30, 2019 | 7.21 Mn |
| Mar 31, 2019 | 5.95 Mn |
| Dec 31, 2018 | 6.98 Mn |
| Sep 30, 2018 | 8.12 Mn |
| Jun 30, 2018 | 6.35 Mn |
API Access
Reed'S, 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=REED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "REED", "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=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();