XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025)
XBP Global Holdings (XBP) posted Cost of Revenue of $4.4 million for Q4 2025, down 25.0% sequentially from $5.9 million in Q3 2025, and down 97.21% YoY from $158.6 million in Q4 2024.
XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025) Analysis & Trends
XBP Global Holdings has reported Cost of Revenue for 3 years, with the latest figure at $4.4 million in Q4 2025.
- Quarterly Cost of Revenue fell 97.21% year-over-year to $4.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $14.9 million (down 95.77% YoY) and the FY2025 annual result came in at $14.9 million, down 97.76% from the prior year.
- Cost of Revenue retreated to $4.4 million in Q4 2025 per XBP's latest filing, from $5.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $189.4 million in Q3 2024 and troughed at -$71.0 million in Q4 2023.
- A 3-year average of $30.3 million and a median of $4.4 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue slumped 99.95% in 2024, then soared 25327.78% in 2025.
- Over 3 years, Cost of Revenue stood at -$71.0 million in 2023, then jumped by 323.32% to $158.6 million in 2024, then plunged by 97.21% to $4.4 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $4.4 million, $5.9 million, and $8000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | XBP Global Holdings | 35.02 Mn | -33.64 Mn | 10.38 Mn | 4.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.43 Mn |
| Dec 31, 2025 | 4.43 Mn |
| Sep 30, 2025 | 5.90 Mn |
| Sep 30, 2025 | 5.90 Mn |
| Jun 30, 2025 | 8,000.00 |
| Jun 30, 2025 | 8,000.00 |
| Mar 31, 2025 | 4.58 Mn |
| Mar 31, 2025 | 4.58 Mn |
| Dec 31, 2024 | 158.64 Mn |
| Dec 31, 2024 | 158.64 Mn |
| Sep 30, 2024 | 189.39 Mn |
| Sep 30, 2024 | 189.39 Mn |
| Jun 30, 2024 | 4.41 Mn |
| Jun 30, 2024 | 4.41 Mn |
| Mar 31, 2024 | 18,000.00 |
| Mar 31, 2024 | 18,000.00 |
| Dec 31, 2023 | -71.04 Mn |
| Dec 31, 2023 | -71.04 Mn |
| Jun 30, 2023 | 4.22 Mn |
| Jun 30, 2023 | 4.22 Mn |