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
DateValue
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