uCloudlink (UCL) Cost of Revenue (2019 - 2026)
uCloudlink (UCL) reported Cost of Revenue of $9.07 million for Q2 2026, down 0.8% from $9.15 million a year earlier but up 5.7% from the prior quarter.
uCloudlink (UCL) Cost of Revenue (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, uCloudlink's Cost of Revenue came in at $38.22 million, down 16.9% year-over-year; for FY2025, it was $38.77 million, down 18.0% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $47.27 million in FY2024 (+8.4%), $43.61 million in FY2023 (+12.0%), $38.93 million in FY2022 (-25.1%) and $51.99 million in FY2021 (+49.1%).
- Five-year quarterly Cost of Revenue spans a low of $8.13 million in Q1 2024 and a high of $14.79 million in Q4 2024.
- Year over year, Cost of Revenue has now declined in each of the last five quarters, with an average decline of 1.6% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2024 (growth of 41.7%); the low point was Q3 2022 (a decline of 31.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.59 million (Q1 2026), $10.73 million (Q4 2025) and $9.83 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 54.65 Bn |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 6.19 Bn |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 37.14 Bn |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 1.13 Bn |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 1.38 Bn |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 11.27 Bn |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 1.73 Bn |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 1.72 Bn |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 7.29 Bn |
| 10 | uCloudlink | 9.04 Mn | -105.50 Mn | 9.16 Mn | 9.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.07 Mn |
| Mar 31, 2026 | 8.59 Mn |
| Dec 31, 2025 | 10.73 Mn |
| Sep 30, 2025 | 9.83 Mn |
| Jun 30, 2025 | 9.15 Mn |
| Mar 31, 2025 | 9.06 Mn |
| Dec 31, 2024 | 14.79 Mn |
| Sep 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 11.36 Mn |
| Mar 31, 2024 | 8.13 Mn |
| Dec 31, 2023 | 10.44 Mn |
| Sep 30, 2023 | 11.66 Mn |
| Jun 30, 2023 | 12.11 Mn |
| Mar 31, 2023 | 9.41 Mn |
| Dec 31, 2022 | 9.55 Mn |
| Sep 30, 2022 | 9.53 Mn |
| Jun 30, 2022 | 10.07 Mn |
| Mar 31, 2022 | 9.78 Mn |
| Dec 31, 2021 | 12.13 Mn |
| Sep 30, 2021 | 13.86 Mn |
uCloudlink 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=UCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "UCL", "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=UCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();