Mizuho Financial Group Cost of Revenue | MFG

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Mizuho Financial Group

2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
954 B	883 B	804 B	694 B	669 B	686 B	677 B	683 B	688 B	663 B	634 B	605 B	587 B	572 B	587 B	552 B	593 B	496 B	436 B

All numbers in JPY currency

Indicator range from annual reports

Maximum	Minimum	Average
954 B	436 B	656 B

Quarterly Cost of Revenue Mizuho Financial Group

2026-Q4	2026-Q2	2026-Q1	2025-Q4	2025-Q2	2025-Q1	2024-Q4	2024-Q1	2023-Q4	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1	2010-Q4	2010-Q1	2009-Q4	2009-Q1	2008-Q1
-	464 B	954 B	-	430 B	883 B	-	804 B	-	371 B	694 B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	593 B	-	496 B	436 B

All numbers in JPY currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
954 B	371 B	612 B

Cost of Revenue of other stocks in the Banks regional industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
The Bancorp TBBK	143 M	$ 48.33	0.25 %	$ 2.21 B	USA
Texas Capital Bancshares TCBI	481 M	$ 93.69	0.46 %	$ 4.28 B	USA
TriCo Bancshares TCBK	150 M	$ 52.27	1.53 %	$ 1.71 B	USA
Truist Financial Corporation TFC	6.85 B	$ 46.33	0.18 %	$ 59.6 B	USA
TFS Financial Corporation TFSL	110 M	$ 16.77	0.09 %	$ 4.67 B	USA
First Financial Corporation THFF	79.1 M	$ 74.71	1.35 %	$ 885 M	USA
Timberland Bancorp TSBK	23.9 M	$ 45.17	0.57 %	$ 358 M	USA
United Bancorp UBCP	11.8 M	$ 14.06	3.43 %	$ 77.2 M	USA
UMB Financial Corporation UMBF	884 M	$ 129.8	0.89 %	$ 9.51 B	USA
Unity Bancorp UNTY	32.2 M	$ 54.67	1.26 %	$ 549 M	USA
Univest Financial Corporation UVSP	127 M	$ 41.65	1.43 %	$ 1.17 B	USA
Valley National Bancorp VLY	580 M	$ 12.76	0.16 %	$ 7.14 B	USA
Westamerica Bancorporation WABC	48.7 M	$ 59.06	0.81 %	$ 1.52 B	USA
Washington Federal WAFD	222 M	$ 30.17	2.74 %	$ 2.42 B	USA
Western Alliance Bancorporation WAL	758 M	$ 76.02	0.26 %	$ 8.27 B	USA
Woori Financial Group WF	1.25 T	$ 75.68	0.4 %	$ 56.1 B	South-korea
Western New England Bancorp WNEB	35.8 M	$ 13.84	0.18 %	$ 279 M	USA
West Bancorporation WTBA	29.4 M	$ 29.45	4.16 %	$ 498 M	USA
Waterstone Financial WSBF	79.6 M	$ 19.9	0.25 %	$ 355 M	USA
WSFS Financial Corporation WSFS	357 M	$ 77.34	1.84 %	$ 4.35 B	USA
Zions Bancorporation, National Association ZION	1.35 B	$ 63.28	0.17 %	$ 9.31 B	USA
FNCB Bancorp FNCB	20.2 M	-	-	$ 133 M	USA
Evans Bancorp EVBN	30.6 M	-	2.41 %	$ 218 M	USA
Mid-Southern Bancorp MSVB	3.71 M	-	1.55 %	$ 30.4 M	USA
Oconee Federal Financial Corp. OFED	6.78 M	-	-	$ 75.8 M	USA
Heartland Financial USA HTLF	251 M	-	-2.16 %	$ 2.77 B	USA
Old Point Financial Corporation OPOF	30 M	-	-	$ 213 M	USA
PCSB Financial Corporation PCSB	23.4 M	-	-0.62 %	$ 295 M	USA
Professional Holding Corp. PFHD	29.3 M	-	-0.52 %	$ 404 M	USA
Randolph Bancorp RNDB	28.2 M	-	-	$ 140 M	USA
Sandy Spring Bancorp SASR	160 M	-	1.27 %	$ 1.26 B	USA
Summit Financial Group SMMF	46.3 M	-	-	$ 365 M	USA
Malvern Bancorp MLVF	9.39 M	-	-	$ 130 M	USA
United Bancshares UBOH	18.5 M	-	-7.31 %	$ 64.4 M	USA
Allegiance Bancshares ABTX	90.2 M	-	-0.86 %	$ 1.51 B	USA
Veritex Holdings VBTX	141 M	-	-	$ 1.65 B	USA
Cincinnati Bancorp CNNB	137 K	-	-4.28 %	$ 43.3 M	USA
ESSA Bancorp ESSA	26.9 M	-	-	$ 196 M	USA
First Financial Northwest FFNW	20.7 M	-	-1.23 %	$ 206 M	USA
Guaranty Bancshares GNTY	46.8 M	-	-	$ 570 M	USA
Sterling Bancorp (Southfield, MI) SBT	33.6 M	-	-0.82 %	$ 245 M	USA
Penns Woods Bancorp PWOD	26.3 M	-	-	$ 213 M	USA
Territorial Bancorp TBNK	19.8 M	-	-	$ 71.7 M	USA