VerifyMe (VRME) Cost of Revenue (2011 - 2026)
VerifyMe's quarterly Cost of Revenue came in at $812000.0 in Q1 2026, down 72.61% year-on-year from $3.0 million in Q1 2025, and down 91.24% quarter-over-quarter from $9.3 million in Q4 2025.
VerifyMe has reported Cost of Revenue for 14 years, with the latest figure at $812000.0 in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 72.61% year-over-year to $812000.0; the trailing twelve-month figure through Mar 2026 stood at $16.0 million (up 6.41% YoY), and the FY2025 full-year result was $10.1 million, down 35.18% from the prior year.
- Cost of Revenue for Q1 2026 stood at $812000.0, down from $9.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $11.9 million in Q4 2022, with the low at -$9.8 million in Q4 2023.
- Average Cost of Revenue over 5 years is $2.5 million, with a median of $3.0 million recorded in 2025.
- Year-over-year, Cost of Revenue surged 2847.37% in 2022 and sank 182.63% in 2023.
- Tracing VRME's Cost of Revenue over 5 years: stood at $11.9 million in 2022, then tumbled by 182.63% to -$9.8 million in 2023, then surged by 153.49% to $5.2 million in 2024, then jumped by 76.81% to $9.3 million in 2025, then tumbled by 91.24% to $812000.0 in 2026.
- The last three Cost of Revenue figures came in at $812000.0 (Q1 2026), $9.3 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 11.20 Bn | 10.89 Bn | 454.50 Mn | 579.10 Mn |
| 2 | MSA Safety | 6.44 Bn | 6.26 Bn | 219.58 Mn | 244.05 Mn |
| 3 | Adt | 5.10 Bn | 5.07 Bn | 1.04 Bn | 242.86 Mn |
| 4 | Brinks | 4.39 Bn | 3.98 Bn | 382.40 Mn | 996.60 Mn |
| 5 | Brady | 4.08 Bn | 3.90 Bn | 225.47 Mn | 209.77 Mn |
| 6 | Geo | 3.01 Bn | 2.92 Bn | - | - |
| 7 | CoreCivic | 2.08 Bn | 1.87 Bn | - | - |
| 8 | Napco Security Technologies | 1.34 Bn | 1.21 Bn | 29.49 Mn | 19.68 Mn |
| 9 | Evolv Technologies Holdings | 1.14 Bn | 1.08 Bn | 23.60 Mn | 12.67 Mn |
| 10 | VerifyMe | 8.58 Mn | 5.06 Mn | 960,000.00 | 812,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 812,000.00 |
| Mar 31, 2026 | 812,000.00 |
| Dec 31, 2025 | 9.27 Mn |
| Dec 31, 2025 | 9.27 Mn |
| Sep 30, 2025 | 237,000.00 |
| Sep 30, 2025 | 237,000.00 |
| Jun 30, 2025 | 272,000.00 |
| Jun 30, 2025 | 272,000.00 |
| Mar 31, 2025 | 2.97 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Dec 31, 2024 | -8.94 Mn |
| Dec 31, 2024 | -8.94 Mn |
| Sep 30, 2024 | 3.54 Mn |
| Sep 30, 2024 | 3.54 Mn |
| Jun 30, 2024 | 210,000.00 |
| Jun 30, 2024 | 210,000.00 |
| Mar 31, 2024 | 350,000.00 |
| Mar 31, 2024 | 350,000.00 |
| Dec 31, 2023 | 15.88 Mn |
| Dec 31, 2023 | 15.88 Mn |
| Sep 30, 2023 | 3.56 Mn |
| Sep 30, 2023 | 3.56 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Dec 31, 2022 | 6.88 Mn |
| Dec 31, 2022 | 6.88 Mn |
| Sep 30, 2022 | 478,000.00 |
| Sep 30, 2022 | 478,000.00 |
| Jun 30, 2022 | 2.55 Mn |
| Jun 30, 2022 | 2.55 Mn |
| Mar 31, 2022 | 299,000.00 |
| Mar 31, 2022 | 299,000.00 |
| Dec 30, 2021 | 1.11 Mn |
| Dec 30, 2021 | 1.11 Mn |
| Sep 30, 2021 | 114,000.00 |
| Sep 30, 2021 | 114,000.00 |
| Jun 30, 2021 | 297,000.00 |
| Jun 30, 2021 | 297,000.00 |
| Mar 31, 2021 | 247,000.00 |
| Mar 31, 2021 | 247,000.00 |
| Dec 30, 2020 | 250,283.00 |
| Dec 30, 2020 | 250,283.00 |
| Sep 30, 2020 | 19,000.00 |
| Sep 30, 2020 | 19,000.00 |
| Jun 30, 2020 | 79,000.00 |
| Jun 30, 2020 | 79,000.00 |
| Mar 31, 2020 | 43,000.00 |
| Mar 31, 2020 | 43,000.00 |
| Sep 30, 2019 | 148,416.00 |
| Sep 30, 2019 | 148,416.00 |
| Jun 30, 2019 | 7,085.00 |
| Jun 30, 2019 | 7,085.00 |
| Mar 31, 2019 | 14,767.00 |
| Mar 31, 2019 | 14,767.00 |
| Dec 31, 2018 | 118,073.00 |
| Dec 31, 2018 | 118,073.00 |
| Sep 30, 2018 | 9,150.00 |
| Sep 30, 2018 | 9,150.00 |
| Jun 30, 2018 | 25.00 |
| Jun 30, 2018 | 25.00 |
| Mar 31, 2018 | 8,042.00 |
| Mar 31, 2018 | 8,042.00 |
| Dec 31, 2015 | 955.00 |
| Dec 31, 2015 | 955.00 |
| Sep 30, 2015 | 28,689.00 |
| Sep 30, 2015 | 28,689.00 |
| Jun 30, 2015 | 36,079.00 |
| Jun 30, 2015 | 36,079.00 |
| Dec 31, 2014 | 113,843.00 |
| Dec 31, 2014 | 113,843.00 |
| Sep 30, 2014 | 50,160.00 |
| Sep 30, 2014 | 50,160.00 |
| Jun 30, 2014 | 54,440.00 |
| Jun 30, 2014 | 54,440.00 |
| Mar 31, 2014 | 51,922.00 |
| Mar 31, 2014 | 51,922.00 |
| Dec 31, 2013 | 259,094.00 |
| Dec 31, 2013 | 259,094.00 |
| Sep 30, 2013 | 78,225.00 |
| Sep 30, 2013 | 78,225.00 |
| Jun 30, 2013 | 52,197.00 |
| Jun 30, 2013 | 52,197.00 |
| Mar 31, 2013 | 2,710.00 |
| Mar 31, 2013 | 2,710.00 |
| Dec 31, 2012 | 62,416.00 |
| Dec 31, 2012 | 62,416.00 |
| Sep 30, 2012 | 55,463.00 |
| Sep 30, 2012 | 55,463.00 |
| Jun 30, 2012 | 51,954.00 |
| Jun 30, 2012 | 51,954.00 |
| Mar 31, 2012 | 2,036.00 |
| Mar 31, 2012 | 2,036.00 |
| Dec 31, 2011 | -205,679.00 |
| Dec 31, 2011 | -205,679.00 |
| Sep 30, 2011 | 51,274.00 |
| Sep 30, 2011 | 51,274.00 |
| Jun 30, 2011 | 103,000.00 |
| Jun 30, 2011 | 103,000.00 |
| Mar 31, 2011 | 51,778.00 |
| Mar 31, 2011 | 51,778.00 |