QHSLab (USAQ) Cost of Revenue (2021 - 2025)
QHSLab (USAQ) recorded Cost of Revenue of $215,551 in Q4 2025, up 0.8% from $213,827 a year earlier but down 11.5% from the prior quarter.
Analysis
QHSLab (USAQ) Cost of Revenue (2021 - 2025) Analysis & Trends
For FY2025, QHSLab reported Cost of Revenue of $880,892, up 13.8% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 63.9% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $774,036 in FY2024 (+25.8%), $615,388 in FY2023 (-1.3%), $623,667 in FY2022 (-16.1%) and $743,673 in FY2021 (+899.0%).
- Quarterly Cost of Revenue has ranged from $125,094 in Q4 2023 to $248,502 in Q2 2021 over the past five years.
- On a year-over-year basis, Cost of Revenue has increased for eight consecutive quarters, with growth averaging 21.8% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 70.9% in Q4 2024, against a decline of 27.3% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $243,435 (Q3 2025), $206,431 (Q2 2025) and $215,475 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.28 Bn | 24.53 Bn | 695.95 Mn | 232.01 Mn |
| 3 | Samsara | 26.29 Bn | 23.06 Bn | 392.58 Mn | 115.86 Mn |
| 4 | Ptc | 21.46 Bn | 20.27 Bn | 490.47 Mn | 109.58 Mn |
| 5 | Toast | 18.88 Bn | 11.55 Bn | 516.00 Mn | 1.39 Bn |
| 6 | Trimble | 14.81 Bn | 13.87 Bn | 674.90 Mn | 297.10 Mn |
| 7 | Manhattan Associates | 13.89 Bn | 12.88 Bn | 168.33 Mn | 129.46 Mn |
| 8 | Costar | 13.74 Bn | 7.71 Bn | 728.00 Mn | 197.00 Mn |
| 9 | Duolingo | 13.38 Bn | 8.55 Bn | 216.74 Mn | 81.71 Mn |
| 10 | QHSLab | 3.39 Mn | 2.37 Mn | 488,259.00 | 215,551.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 215,551.00 |
| Sep 30, 2025 | 243,435.00 |
| Jun 30, 2025 | 206,431.00 |
| Mar 31, 2025 | 215,475.00 |
| Dec 31, 2024 | 213,827.00 |
| Sep 30, 2024 | 179,152.00 |
| Jun 30, 2024 | 178,628.00 |
| Mar 31, 2024 | 202,429.00 |
| Dec 31, 2023 | 125,094.00 |
| Sep 30, 2023 | 146,897.00 |
| Jun 30, 2023 | 177,941.00 |
| Mar 31, 2023 | 165,457.00 |
| Dec 31, 2022 | 132,702.00 |
| Sep 30, 2022 | 143,716.00 |
| Jun 30, 2022 | 180,608.00 |
| Mar 31, 2022 | 166,642.00 |
| Dec 31, 2021 | 157,022.00 |
| Sep 30, 2021 | 167,393.00 |
| Jun 30, 2021 | 248,502.00 |
| Mar 31, 2021 | 170,757.00 |
API Access
QHSLab 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=USAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "USAQ", "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=USAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();