XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025)
XBP Global Holdings' (XBP) quarterly Cost of Revenue came in at -$135.6 million in Q4 2025, down 182.93% year-over-year from $163.5 million in Q4 2024, and down 213.67% quarter-over-quarter from $119.3 million in Q3 2025.
Analysis
XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025) Analysis & Trends
XBP Global Holdings has disclosed Cost of Revenue across 3 years of filings, most recently posting -$135.6 million for Q4 2025.
- In Q4 2025, Cost of Revenue fell 182.93% year-over-year to -$135.6 million; the TTM figure through Dec 2025 stood at $279.4 million (down 31.53% YoY), while the FY2025 annual figure was $279.4 million, down 59.15% from the prior year.
- Cost of Revenue came in at -$135.6 million for Q4 2025 at XBP Global Holdings, down from $119.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $189.4 million in Q3 2024 to a low of -$135.6 million in Q4 2025.
- Average Cost of Revenue over 3 years is $67.4 million, with a median of $32.0 million recorded in 2023.
- Year-over-year, Cost of Revenue surged 570.61% in 2024 and plunged 182.93% in 2025.
- Over 3 years, Cost of Revenue stood at $29.7 million in 2023, then soared by 450.57% to $163.5 million in 2024, then plunged by 182.93% to -$135.6 million in 2025.
- Per Business Quant data, the three most recent Cost of Revenue figures were -$135.6 million in Q4 2025, $119.3 million in Q3 2025, and $145.1 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 138.32 Bn | 133.66 Bn | 2.82 Bn | 1.17 Bn |
| 2 | Broadridge Financial Solutions | 19.64 Bn | 19.24 Bn | 853.00 Mn | 1.37 Bn |
| 3 | SS&C Technologies Holdings | 19.15 Bn | 18.72 Bn | 818.30 Mn | 877.40 Mn |
| 4 | UiPath | 7.30 Bn | 6.00 Bn | 341.45 Mn | 76.93 Mn |
| 5 | Pegasystems | 5.94 Bn | 5.94 Bn | 312.69 Mn | 108.03 Mn |
| 6 | Appian | 2.54 Bn | 2.37 Bn | 144.74 Mn | 58.51 Mn |
| 7 | Materialise | 447.73 Mn | 447.73 Mn | 46.23 Mn | 35.22 Mn |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | 192,442.00 |
| 9 | Gloo Holdings | 256.85 Mn | 223.59 Mn | 13.43 Mn | 28.10 Mn |
| 10 | XBP Global Holdings | 33.55 Mn | -35.11 Mn | -32.09 Mn | -135.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -135.63 Mn |
| Sep 30, 2025 | 119.32 Mn |
| Jun 30, 2025 | 145.05 Mn |
| Mar 31, 2025 | 150.65 Mn |
| Dec 31, 2024 | 163.54 Mn |
| Sep 30, 2024 | 189.39 Mn |
| Jun 30, 2024 | 27.02 Mn |
| Mar 31, 2024 | 28.08 Mn |
| Dec 31, 2023 | 29.70 Mn |
| Sep 30, 2023 | 28.24 Mn |
| Jun 30, 2023 | 30.68 Mn |
| Mar 31, 2023 | 33.34 Mn |