Seaport Entertainment (SEG) Cost of Revenue (2023 - 2026)
Seaport Entertainment (SEG) recorded Cost of Revenue of $25.3 million in Q3 2026, down 37.1% from $40.2 million a year earlier but up 10.3% from the prior quarter.
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Analysis
Seaport Entertainment (SEG) Cost of Revenue (2023 - 2026) Analysis & Trends
On a TTM basis, Seaport Entertainment's Cost of Revenue came in at $97.96 million as of Sep 30, 2026, down 15.5% year-over-year; for FY2025, it was $128.36 million, up 49.2% from FY2024.
- Annual Cost of Revenue has a three-year compound annual growth rate of 18.7% (FY2022 to FY2025).
- Across earlier years, Cost of Revenue came in at $86.04 million in FY2024 (-1.8%), $87.64 million in FY2023 (+14.1%) and $76.8 million in FY2022.
- Quarterly Cost of Revenue has ranged from $12.65 million in Q1 2024 to $40.2 million in Q3 2025 over the past five years.
- On a year-over-year basis, Cost of Revenue has declined for three consecutive quarters, with growth averaging 8.2% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 80.4% in Q1 2025, against a decline of 37.1% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.93 million (Q2 2026), $17.52 million (Q1 2026) and $32.21 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 26.06 Bn | 12.66 Bn | 1.47 Bn | 1.75 Bn |
| 2 | Flutter Entertainment | 14.35 Bn | 7.74 Bn | 1.52 Bn | 2.36 Bn |
| 3 | Life Time Group Holdings | 10.48 Bn | 9.65 Bn | 419.01 Mn | 474.52 Mn |
| 4 | DraftKings | 9.19 Bn | 4.85 Bn | 551.45 Mn | 891.78 Mn |
| 5 | Wynn Resorts | 8.47 Bn | 2.61 Bn | 655.12 Mn | 1.03 Bn |
| 6 | MGM Resorts International | 8.13 Bn | -1.17 Bn | 1.73 Bn | 2.48 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | 159.53 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 201.00 Mn |
| 9 | Churchill Downs | 6.86 Bn | 6.09 Bn | 207.00 Mn | 489.00 Mn |
| 10 | Seaport Entertainment | 266.23 Mn | -149.68 Mn | 7.40 Mn | 25.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.30 Mn |
| Jun 30, 2026 | 22.93 Mn |
| Mar 31, 2026 | 17.52 Mn |
| Dec 31, 2025 | 32.21 Mn |
| Sep 30, 2025 | 40.20 Mn |
| Jun 30, 2025 | 33.13 Mn |
| Mar 31, 2025 | 22.82 Mn |
| Dec 31, 2024 | 19.84 Mn |
| Sep 30, 2024 | 38.31 Mn |
| Jun 30, 2024 | 24.62 Mn |
| Mar 31, 2024 | 12.65 Mn |
| Dec 31, 2023 | 26.67 Mn |
| Sep 30, 2023 | 24.66 Mn |
| Jun 30, 2023 | 23.44 Mn |
API Access
Seaport Entertainment 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=SEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SEG", "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=SEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();