Company / Cost of Revenue
Latch, Inc. Cost of Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$43.3M
FY2025
5-year range
$31.6M / $46.9M
FY2021-FY2025
Trend
+36.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue returned to growth in FY2025 after 2 years of decline, reaching $43M.
Based on SEC 10-K filings.
$43M in FY2025 with a 3-year CAGR of -2.6%.
Increased from $33M to $43M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -2.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -2.6%, indicating a declining trend.
- In FY2025, cost of revenue increased 36.8% year-over-year.
- Peak cost of revenue was recorded in FY2022.
- Lowest cost of revenue in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -5.78 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $43.3M | +36.8% |
| FY2024 | $31.6M | -3.1% |
| FY2023 | $32.6M | -30.4% |
| FY2022 | $46.9M | +43.6% |
| FY2021 | $32.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 29, 2026