Skillz (SKLZ) Cost of Revenue (2020 - 2026)

Skillz (SKLZ) recorded quarterly Cost of Revenue of $3.6 million in Q1 2026, down 94.16% on a QoQ basis from $61.6 million in Q4 2025, and up 21.32% year-over-year from $3.0 million in Q1 2025.

Skillz (SKLZ) Cost of Revenue (2020 - 2026) Analysis & Trends

Skillz has disclosed Cost of Revenue across 7 years of filings, most recently posting $3.6 million for Q1 2026.

  • Quarterly Cost of Revenue rose 21.32% year-over-year to $3.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.0 million (down 9.0% YoY) and the FY2025 annual result came in at $71.1 million, down 6.86% from the prior year.
  • Cost of Revenue declined to $3.6 million in Q1 2026, from $61.6 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $251.2 million in Q4 2022 and troughed at $3.0 million in Q1 2025.
  • A 5-year average of $37.9 million and a median of $20.8 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 98.62% — and 2024, when it soared 1815.19%.
  • Tracing SKLZ's Cost of Revenue over 5 years: stood at $251.2 million in 2022, then slumped by 98.62% to $3.5 million in 2023, then surged by 1815.19% to $66.2 million in 2024, then declined by 6.95% to $61.6 million in 2025, then slumped by 94.16% to $3.6 million in 2026.
  • Business Quant data shows SKLZ's Cost of Revenue at $3.6 million in Q1 2026, $61.6 million in Q4 2025, and $3.4 million in Q3 2025.

Peer Comparison

Historic Data

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