Royal Bank Of Canada (RY) Cost of Revenue (2009 - 2023)

Royal Bank Of Canada (RY) has reported Cost of Revenue for 15 consecutive years, with $67.8 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Cost of Revenue fell 22.31% year-over-year to $67.8 million; the TTM figure through Oct 2023 stood at $3.0 billion (up 78.18% YoY), while the FY2023 annual figure was $3.0 billion, up 115.19% from the prior year.
• Cost of Revenue came in at $67.8 million for Q4 2023 at Royal Bank Of Canada, down from $1.0 billion in the prior quarter.
• The five-year high for Cost of Revenue was $1.3 billion in Q3 2020, with the low at $67.8 million in Q4 2023.
• Average Cost of Revenue over 5 years is $692.2 million, with a median of $787.6 million recorded in 2019.
• Across the five-year window, Cost of Revenue plunged 89.36% in 2022 and surged 423.14% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $494.3 million in 2019, then slipped by 29.46% to $348.7 million in 2020, then soared by 135.44% to $820.9 million in 2021, then tumbled by 89.36% to $87.3 million in 2022, then decreased by 22.31% to $67.8 million in 2023.
• According to Business Quant data, Cost of Revenue over the past three periods registered $67.8 million, $1.0 billion, and $743.5 million for Q4 2023, Q3 2023, and Q2 2023 respectively.