uCloudlink (UCL) Cost of Revenue (2019 - 2026)
uCloudlink's (UCL) quarterly Cost of Revenue came in at $8.6 million in Q1 2026, down 5.22% year-on-year from $9.1 million in Q1 2025, and down 20.01% quarter-over-quarter from $10.7 million in Q4 2025.
uCloudlink (UCL) Cost of Revenue (2019 - 2026) Analysis & Trends
uCloudlink has disclosed Cost of Revenue across 8 years of filings, most recently posting $8.6 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $8.6 million, down 5.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.3 million (down 20.57% YoY), and the FY2025 annual result was $24.0 million, down 49.26% from the prior year.
- Cost of Revenue came in at $8.6 million for Q1 2026 at uCloudlink, down from $10.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $14.8 million in Q4 2024 to a low of $8.1 million in Q1 2024.
- The 5-year median for Cost of Revenue is $9.8 million (2025), against an average of $10.4 million.
- Across the five-year window, Cost of Revenue slumped 31.24% in 2022 and jumped 41.66% in 2024, its largest moves.
- uCloudlink's Cost of Revenue stood at $9.5 million in 2022, then rose by 9.31% to $10.4 million in 2023, then surged by 41.66% to $14.8 million in 2024, then decreased by 27.4% to $10.7 million in 2025, then dropped by 20.01% to $8.6 million in 2026.
- The last three Cost of Revenue figures came in at $8.6 million (Q1 2026), $10.7 million (Q4 2025), and $9.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 5.49 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 6.51 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 6.26 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 682.34 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 3.36 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 1.18 Bn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | uCloudlink | 529.97 Mn | 497.13 Mn | 8.27 Mn | 8.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.59 Mn |
| Mar 31, 2026 | 8.59 Mn |
| Dec 31, 2025 | 10.73 Mn |
| Dec 31, 2025 | 10.73 Mn |
| Sep 30, 2025 | 9.83 Mn |
| Sep 30, 2025 | 9.83 Mn |
| Jun 30, 2025 | 9.15 Mn |
| Jun 30, 2025 | 9.15 Mn |
| Mar 31, 2025 | 9.06 Mn |
| Mar 31, 2025 | 9.06 Mn |
| Dec 31, 2024 | 14.79 Mn |
| Dec 31, 2024 | 14.79 Mn |
| Sep 30, 2024 | 13.00 Mn |
| Sep 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 11.36 Mn |
| Jun 30, 2024 | 11.36 Mn |
| Mar 31, 2024 | 8.13 Mn |
| Mar 31, 2024 | 8.13 Mn |
| Dec 31, 2023 | 10.44 Mn |
| Dec 31, 2023 | 10.44 Mn |