Vale VALE
NYSE VALE
$14.59 +0.36 (+2.53%)
At close: Aug 21, 2026 · 4:00 PM EDT

Vale (VALE) Cost of Revenue (2009 - 2025)

Vale (VALE) posted Cost of Revenue of $6.6 billion for Q3 2025, up 8.99% sequentially from $6.1 billion in Q2 2025, and up 5.59% YoY from $6.3 billion in Q3 2024.

Vale (VALE) Cost of Revenue (2009 - 2025) Analysis & Trends

Vale has reported Cost of Revenue for 17 years, with the latest figure at $6.6 billion in Q3 2025.

  • Quarterly Cost of Revenue rose 5.59% year-over-year to $6.6 billion in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $24.5 billion (down 1.56% YoY) and the FY2024 annual result came in at $24.3 billion, up 0.73% from the prior year.
  • Cost of Revenue advanced to $6.6 billion in Q3 2025 per VALE's latest filing, from $6.1 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $7.1 billion in Q4 2022 and troughed at $4.3 billion in Q1 2021.
  • A 5-year average of $5.9 billion and a median of $6.1 billion in 2025 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2021 and 2024: Cost of Revenue soared 51.3% in 2021, then decreased 8.12% in 2024.
  • Over 5 years, Cost of Revenue stood at $6.5 billion in 2021, then increased by 10.06% to $7.1 billion in 2022, then slipped by 3.67% to $6.9 billion in 2023, then dropped by 8.12% to $6.3 billion in 2024, then advanced by 4.84% to $6.6 billion in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $6.6 billion, $6.1 billion, and $5.5 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bhp 246.38 Bn 216.93 Bn - -
2 Rio Tinto 201.39 Bn 191.89 Bn - -
3 Teck Resources 33.91 Bn 28.71 Bn 1.21 Bn 1.40 Bn
4 MP Materials 10.71 Bn 8.24 Bn 36.20 Mn 72.29 Mn
5 Almonty Industries 5.27 Bn 4.38 Bn 18.87 Mn 12.21 Mn
6 Materion 4.79 Bn 4.77 Bn 104.34 Mn 509.56 Mn
7 USA Rare Earth 4.43 Bn 4.43 Bn -1.58 Mn 7.40 Mn
8 Skeena Resources 4.31 Bn 3.89 Bn - -
9 Evolution Metals & Technologies 2.46 Bn 2.46 Bn -115,000.00 1.75 Mn
10 Vale 62.13 Mn -17.59 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 6.63 Bn
Sep 30, 2025 6.63 Bn
Jun 30, 2025 6.09 Bn
Jun 30, 2025 6.09 Bn
Mar 31, 2025 5.45 Bn
Mar 31, 2025 5.45 Bn
Dec 31, 2024 6.33 Bn
Dec 31, 2024 6.33 Bn
Sep 30, 2024 6.28 Bn
Sep 30, 2024 6.28 Bn
Jun 30, 2024 6.35 Bn
Jun 30, 2024 6.35 Bn
Mar 31, 2024 5.37 Bn
Mar 31, 2024 5.37 Bn
Dec 31, 2023 6.89 Bn
Dec 31, 2023 6.89 Bn
Sep 30, 2023 6.31 Bn
Sep 30, 2023 6.31 Bn
Jun 30, 2023 5.94 Bn
Jun 30, 2023 5.94 Bn