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| Date | Value |
|---|---|
| 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 |