Company / Cost of Revenue
IT TECH PACKAGING, INC. Cost of Revenue History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$69.1M
FY2024
5-year range
$69.1M / $95.6M
FY2020-FY2024
Trend
-19.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has declined for 4 consecutive years, from $114M in FY2016 to $69M in FY2024.
Based on SEC 10-K filings.
$69M in FY2024.
Improved from $96M to $69M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2024, cost of revenue decreased 19.2% year-over-year.
- Peak cost of revenue was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $69.1M | -19.2% |
| FY2023 | $85.5M | -10.5% |
| FY2022 | $95.6M | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | $109.2M | -4.4% |
| FY2016 | $114.3M | +11.6% |
| FY2015 | $102.4M | -17.5% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026