Vse (VSECU) Cost of Revenue (2010 - 2026)
Vse (VSECU) recorded Cost of Revenue of $372.7 million in Q2 2026, up 58.8% from $234.62 million a year earlier and up 34.8% from the prior quarter.
Vse (VSECU) Cost of Revenue (2010 - 2026) Analysis & Trends
On a TTM basis, Vse's Cost of Revenue came in at $1.15 billion as of Jun 30, 2026, up 37.7% year-over-year; for FY2025, it came in at $954.15 million, up 39.5% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $684.04 million in FY2024 (+44.0%), $475.01 million in FY2023 (-20.4%), $596.47 million in FY2022 (+28.3%) and $464.88 million in FY2021 (-20.7%).
- The Q2 2026 figure is the highest quarterly Cost of Revenue since Q4 2017.
- On a year-over-year basis, Cost of Revenue has increased for six consecutive quarters, with growth averaging 33.5% over the last seven quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 58.8% in Q2 2026, against a decline of 22.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $276.58 million (Q1 2026), $254.26 million (Q4 2025) and $242.17 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 444.06 Mn |
| Jun 30, 2026 | 372.70 Mn |
| Mar 31, 2026 | 276.58 Mn |
| Dec 31, 2025 | 254.26 Mn |
| Sep 30, 2025 | 242.17 Mn |
| Jun 30, 2025 | 234.62 Mn |
| Mar 31, 2025 | 223.10 Mn |
| Dec 31, 2024 | 197.41 Mn |
| Sep 30, 2024 | 176.90 Mn |
| Jun 30, 2024 | 169.26 Mn |
| Mar 31, 2024 | 140.47 Mn |
| Dec 31, 2023 | -70.61 Mn |
| Sep 30, 2023 | 200.33 Mn |
| Jun 30, 2023 | 179.47 Mn |
| Mar 31, 2023 | 165.83 Mn |
| Dec 31, 2022 | 150.37 Mn |
| Sep 30, 2022 | 147.86 Mn |
| Jun 30, 2022 | 154.74 Mn |
| Mar 31, 2022 | 213.68 Mn |
| Dec 31, 2021 | -49.31 Mn |
Vse Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VSECU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VSECU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VSECU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();