Taoping (TAOP) Cost of Revenue (2011 - 2018)
Taoping (TAOP) posted quarterly Cost of Revenue of $2.0 million for Q4 2018, down 36.16% year-over-year from $3.2 million in Q4 2017, and down 27.19% quarter-over-quarter from $2.8 million in Q3 2018.
Taoping (TAOP) Cost of Revenue (2011 - 2018) Analysis & Trends
Taoping (TAOP) has reported Cost of Revenue for 6 consecutive years, with $2.0 million the latest figure, recorded in Q4 2018.
- In Q4 2018, Cost of Revenue fell 36.16% year-over-year to $2.0 million; the TTM figure through Dec 2018 stood at $10.9 million (up 10.71% YoY), while the FY2024 annual figure was $28.9 million, down 2.96% from the prior year.
- Cost of Revenue declined to $2.0 million in Q4 2018 per TAOP's latest filing, from $2.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.8 million in Q2 2018 and bottomed at $275408.0 in Q1 2017.
- Historically, Cost of Revenue has averaged $2.6 million across 3 years, with a median of $2.9 million in 2017.
- On a YoY basis, Cost of Revenue climbed as much as 730.09% in 2018 and fell as far as 36.16% in 2018.
- Taoping's Cost of Revenue stood at $3.2 million in 2016, then declined by 0.39% to $3.2 million in 2017, then plunged by 36.16% to $2.0 million in 2018.
- Business Quant data shows TAOP's Cost of Revenue at $2.0 million in Q4 2018, $2.8 million in Q3 2018, and $3.8 million in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Taoping | 180,783.96 | -1.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 2.03 Mn |
| Dec 31, 2018 | 2.03 Mn |
| Sep 30, 2018 | 2.79 Mn |
| Sep 30, 2018 | 2.79 Mn |
| Jun 30, 2018 | 3.81 Mn |
| Jun 30, 2018 | 3.81 Mn |
| Mar 31, 2018 | 2.29 Mn |
| Mar 31, 2018 | 2.29 Mn |
| Dec 31, 2017 | 3.18 Mn |
| Dec 31, 2017 | 3.18 Mn |
| Sep 30, 2017 | 3.38 Mn |
| Sep 30, 2017 | 3.38 Mn |
| Jun 30, 2017 | 3.02 Mn |
| Jun 30, 2017 | 3.02 Mn |
| Mar 31, 2017 | 275,408.00 |
| Mar 31, 2017 | 275,408.00 |
| Dec 31, 2016 | 3.20 Mn |
| Dec 31, 2016 | 3.20 Mn |
| Sep 30, 2016 | 2.39 Mn |
| Sep 30, 2016 | 2.39 Mn |