VerifyMe (VRME) Cost of Revenue (2011 - 2026)
VerifyMe (VRME) posted quarterly Cost of Revenue of $812000.0 for Q1 2026, down 72.61% year-over-year from $3.0 million in Q1 2025, and down 33.61% quarter-over-quarter from $1.2 million in Q4 2025.
VerifyMe (VRME) Cost of Revenue (2011 - 2026) Analysis & Trends
VerifyMe's Cost of Revenue history runs 14 years deep, the most recent figure standing at $812000.0 for Q1 2026.
- In Q1 2026, Cost of Revenue fell 72.61% year-over-year to $812000.0; the TTM figure through Mar 2026 stood at $7.9 million (down 47.21% YoY), while the FY2025 annual figure was $10.1 million, down 35.18% from the prior year.
- Cost of Revenue for Q1 2026 stood at $812000.0, down from $1.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $6.9 million in Q4 2022, with the low at $38000.0 in Q1 2022.
- The 5-year median for Cost of Revenue is $3.4 million (2022), against an average of $3.3 million.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 10794.74% in 2023, then tumbled 76.68% in 2025.
- VerifyMe's Cost of Revenue stood at $6.9 million in 2022, then fell by 15.09% to $5.8 million in 2023, then decreased by 10.21% to $5.2 million in 2024, then sank by 76.68% to $1.2 million in 2025, then tumbled by 33.61% to $812000.0 in 2026.
- Business Quant data shows VRME's Cost of Revenue at $812000.0 in Q1 2026, $1.2 million in Q4 2025, and $3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.92 Bn | 13.60 Bn | 517.50 Mn | 634.00 Mn |
| 2 | MSA Safety | 7.30 Bn | 7.10 Bn | 249.29 Mn | 254.04 Mn |
| 3 | Adt | 5.22 Bn | 5.20 Bn | 1.05 Bn | 263.55 Mn |
| 4 | Brinks | 4.63 Bn | 2.97 Bn | 366.10 Mn | 1.03 Bn |
| 5 | Brady | 4.32 Bn | 4.14 Bn | 225.47 Mn | 209.77 Mn |
| 6 | Geo | 4.27 Bn | 4.02 Bn | - | - |
| 7 | CoreCivic | 3.36 Bn | 3.25 Bn | - | - |
| 8 | Napco Security Technologies | 1.36 Bn | 1.24 Bn | 29.49 Mn | 19.68 Mn |
| 9 | Evolv Technologies Holdings | 964.45 Mn | 901.82 Mn | 21.95 Mn | 21.80 Mn |
| 10 | VerifyMe | 9.68 Mn | 9.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 812,000.00 |
| Mar 31, 2026 | 812,000.00 |
| Dec 31, 2025 | 1.22 Mn |
| Dec 31, 2025 | 1.22 Mn |
| Sep 30, 2025 | 2.96 Mn |
| Sep 30, 2025 | 2.96 Mn |
| Jun 30, 2025 | 2.93 Mn |
| Jun 30, 2025 | 2.93 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Dec 31, 2024 | 5.24 Mn |
| Dec 31, 2024 | 5.24 Mn |
| Sep 30, 2024 | 3.54 Mn |
| Sep 30, 2024 | 3.54 Mn |
| Jun 30, 2024 | 3.26 Mn |
| Jun 30, 2024 | 3.26 Mn |
| Mar 31, 2024 | 3.50 Mn |
| Mar 31, 2024 | 3.50 Mn |
| Dec 31, 2023 | 5.84 Mn |
| Dec 31, 2023 | 5.84 Mn |