Zepp Health (ZEPP) Cost of Revenue (2016 - 2026)
Zepp Health (ZEPP) posted quarterly Cost of Revenue of $32.1 million for Q1 2026, up 32.82% year-over-year from $24.2 million in Q1 2025, and down 36.73% quarter-over-quarter from $50.8 million in Q4 2025.
Zepp Health (ZEPP) Cost of Revenue (2016 - 2026) Analysis & Trends
Zepp Health (ZEPP) has reported Cost of Revenue for 11 consecutive years, with $32.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 32.82% year-over-year to $32.1 million; the TTM figure through Mar 2026 stood at $167.6 million (up 50.64% YoY), while the FY2025 annual figure was $159.7 million, up 42.13% from the prior year.
- Cost of Revenue fell to $32.1 million in Q1 2026 per ZEPP's latest filing, from $50.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $137.1 million in Q3 2022 and bottomed at $24.2 million in Q1 2025.
- Historically, Cost of Revenue has averaged $62.1 million across 5 years, with a median of $50.8 million in 2025.
- Annual changes were most pronounced in 2024 — Cost of Revenue slumped 68.02% — and 2025, when it soared 85.84%.
- Zepp Health's Cost of Revenue stood at $123.2 million in 2022, then sank by 56.04% to $54.2 million in 2023, then tumbled by 30.57% to $37.6 million in 2024, then jumped by 34.93% to $50.8 million in 2025, then tumbled by 36.73% to $32.1 million in 2026.
- Business Quant data shows ZEPP's Cost of Revenue at $32.1 million in Q1 2026, $50.8 million in Q4 2025, and $46.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,539.83 Bn | 4,477.43 Bn | 54.77 Bn | 54.65 Bn |
| 2 | Sony | 133.13 Bn | 119.27 Bn | 6.53 Bn | 11.27 Bn |
| 3 | Sonos | 1.90 Bn | 1.64 Bn | 189.31 Mn | 185.95 Mn |
| 4 | LG Display | 1.63 Bn | 486.32 Mn | 277.60 Mn | 3.30 Bn |
| 5 | Zepp Health | 1.18 Bn | -101.97 Bn | 19.44 Mn | 32.11 Mn |
| 6 | Turtle Beach | 267.71 Mn | 255.39 Mn | 11.29 Mn | 30.88 Mn |
| 7 | Vuzix | 199.03 Mn | 177.88 Mn | 375,000.00 | 1.87 Mn |
| 8 | Universal Electronics | 60.07 Mn | 30.24 Mn | 20.60 Mn | 58.44 Mn |
| 9 | Axil Brands | 38.46 Mn | 32.94 Mn | 5.04 Mn | 2.25 Mn |
| 10 | Koss | 35.59 Mn | 16.74 Mn | 1.00 Mn | 1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.11 Mn |
| Mar 31, 2026 | 32.11 Mn |
| Dec 31, 2025 | 50.75 Mn |
| Dec 31, 2025 | 50.75 Mn |
| Sep 30, 2025 | 46.87 Mn |
| Sep 30, 2025 | 46.87 Mn |
| Jun 30, 2025 | 37.92 Mn |
| Jun 30, 2025 | 37.92 Mn |
| Mar 31, 2025 | 24.18 Mn |
| Mar 31, 2025 | 24.18 Mn |
| Dec 31, 2024 | 37.61 Mn |
| Dec 31, 2024 | 37.61 Mn |
| Sep 30, 2024 | 25.22 Mn |
| Sep 30, 2024 | 25.22 Mn |
| Jun 30, 2024 | 24.28 Mn |
| Jun 30, 2024 | 24.28 Mn |
| Mar 31, 2024 | 25.26 Mn |
| Mar 31, 2024 | 25.26 Mn |
| Dec 31, 2023 | 54.17 Mn |
| Dec 31, 2023 | 54.17 Mn |