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VerifyMe (VRME) Cost of Revenue (2018 - 2025)

VerifyMe (VRME) has 13 years of Cost of Revenue data on record, last reported at $3.0 million in Q3 2025.

  • For Q3 2025, Cost of Revenue rose 638.15% year-over-year to $3.0 million; the TTM value through Sep 2025 reached $3.1 million, down 76.52%, while the annual FY2024 figure was $1.4 million, 92.13% down from the prior year.
  • Cost of Revenue reached $3.0 million in Q3 2025 per VRME's latest filing, up from $2.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $11.9 million in Q4 2022 and bottomed at -$5.8 million in Q4 2024.
  • Average Cost of Revenue over 5 years is $2.3 million, with a median of $527000.0 recorded in 2023.
  • Peak YoY movement for Cost of Revenue: skyrocketed 10794.74% in 2023, then plummeted 199.33% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $219405.0 in 2021, then skyrocketed by 5307.35% to $11.9 million in 2022, then tumbled by 50.78% to $5.8 million in 2023, then tumbled by 199.33% to -$5.8 million in 2024, then surged by 151.03% to $3.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $3.0 million in Q3 2025, $2.9 million in Q2 2025, and $3.0 million in Q1 2025.