XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025)
XBP Global Holdings (XBP) reported Cost of Revenue of $4.4 million for Q4 2025, down 97.21% on a YoY basis from $158.6 million in Q4 2024, and down 25.0% sequentially from $5.9 million in Q3 2025.
XBP Global Holdings (XBP) Cost of Revenue (2023 - 2025) Analysis & Trends
XBP Global Holdings (XBP) has 3 years of Cost of Revenue data on file, last reported at $4.4 million in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue fell 97.21% year-over-year to $4.4 million; the trailing twelve-month figure through Dec 2025 stood at $14.9 million (down 95.77% YoY), and the FY2025 full-year result was $14.9 million, down 97.76% from the prior year.
- Cost of Revenue retreated to $4.4 million in Q4 2025, from $5.9 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 -$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.
- Across the five-year window, Cost of Revenue plunged 99.95% in 2024 and jumped 25327.78% in 2025, its largest moves.
- Tracing XBP's Cost of Revenue over 3 years: stood at -$71.0 million in 2023, then jumped by 323.32% to $158.6 million in 2024, then sank by 97.21% to $4.4 million in 2025.
- Business Quant data shows XBP's Cost of Revenue at $4.4 million in Q4 2025, $5.9 million in Q3 2025, and $8000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 184.16 Mn |
| 10 | XBP Global Holdings | 987,652.59 | -67.68 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 |