Thomson Reuters TMSOF
NASDAQ TMSOF
$11.51 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Thomson Reuters (TMSOF) Cost of Revenue (2018 - 2024)

Thomson Reuters' (TMSOF) quarterly Cost of Revenue came in at $17.0 million in Q1 2024, down 26.09% on a YoY basis from $23.0 million in Q2 2023, and down 26.09% quarter-over-quarter from $23.0 million in Q1 2023.

Analysis

Thomson Reuters (TMSOF) Cost of Revenue (2018 - 2024) Analysis & Trends

Thomson Reuters (TMSOF) has reported Cost of Revenue for 7 consecutive years, with $17.0 million the latest figure, recorded in Q1 2024.

  • For the quarter ending Q1 2024, Cost of Revenue fell 26.09% year-over-year to $17.0 million; the trailing twelve-month figure through Mar 2024 stood at $416.0 million (down 12.05% YoY), and the FY2022 full-year result was $293.0 million, changed N/A from the prior year.
  • Cost of Revenue fell to $17.0 million in Q1 2024 per TMSOF's latest filing, from $23.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $298.0 million in Q4 2022 and bottomed at $17.0 million in Q1 2024.
  • Historically, Cost of Revenue has averaged $73.2 million across 5 years, with a median of $43.5 million in 2020.
  • The sharpest annual moves came in 2020 and 2021: Cost of Revenue slumped 75.0% in 2020, then surged 148.57% in 2021.
  • Over 5 years, Cost of Revenue stood at $37.0 million in 2020, then jumped by 135.14% to $87.0 million in 2021, then soared by 242.53% to $298.0 million in 2022, then sank by 92.28% to $23.0 million in 2023, then fell by 26.09% to $17.0 million in 2024.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $17.0 million, $23.0 million, and $298.0 million for Q1 2024, Q1 2023, and Q4 2022 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Docusign 12.31 Bn 11.54 Bn 697.87 Mn 177.87 Mn
2 Thomson Reuters 5.12 Bn 4.08 Bn - -
3 Workiva 4.10 Bn 3.28 Bn 205.27 Mn 50.02 Mn
4 Vertex 2.03 Bn 1.80 Bn 131.30 Mn 72.67 Mn
5 Clarivate 1.22 Bn 1.01 Bn 401.80 Mn 185.50 Mn
6 Donnelley Financial Solutions 1.22 Bn 1.20 Bn 148.00 Mn 76.20 Mn
7 Legalzoom.Com 989.65 Mn 822.42 Mn 139.93 Mn 65.36 Mn
8 Telos 338.53 Mn 287.88 Mn 16.69 Mn 31.05 Mn
9 CS Disco 261.83 Mn 160.43 Mn 32.11 Mn 11.03 Mn
10 Audioeye 97.66 Mn 88.95 Mn 8.45 Mn 2.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 17.00 Mn
Mar 31, 2023 23.00 Mn
Dec 31, 2022 298.00 Mn
Sep 30, 2022 78.00 Mn
Mar 31, 2022 74.00 Mn
Sep 30, 2021 87.00 Mn
Mar 31, 2021 50.00 Mn
Dec 31, 2020 37.00 Mn
Sep 30, 2020 35.00 Mn
Mar 31, 2020 33.00 Mn
Dec 31, 2019 138.00 Mn
Sep 30, 2019 103.00 Mn
Mar 31, 2019 132.00 Mn
Dec 31, 2018 244.00 Mn
Sep 30, 2018 111.00 Mn
Jun 30, 2018 70.00 Mn
Mar 31, 2018 41.00 Mn