Ring Energy (REI) Cost of Revenue (2010 - 2023)

Ring Energy (REI) has 14 years of Cost of Revenue data on file, last reported at $823.0 in Q1 2023.

• For the quarter ending Q1 2023, Cost of Revenue fell 99.94% year-over-year to $823.0; the trailing twelve-month figure through Mar 2023 stood at $533989.0 (down 88.63% YoY), and the FY2023 full-year result was $457573.0, down 75.0% from the prior year.
• Cost of Revenue rose to $823.0 in Q1 2023, from -$16223.0 in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $15.5 million in Q3 2019 to a low of -$33.6 million in Q4 2019.
• A 5-year average of $820529.4 and a median of $1.1 million in 2020 frame the typical range for Cost of Revenue.
• Peak annual rise in Cost of Revenue reached 114.44% in 2019, while the deepest fall reached 511.35% in 2019.
• Tracing REI's Cost of Revenue over 5 years: stood at -$33.6 million in 2019, then jumped by 103.74% to $1.3 million in 2020, then increased by 15.41% to $1.4 million in 2021, then plunged by 101.12% to -$16223.0 in 2022, then surged by 105.07% to $823.0 in 2023.
• Business Quant data shows REI's Cost of Revenue at $823.0 in Q1 2023, -$16223.0 in Q4 2022, and $549389.0 in Q2 2022.