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SHENGFENG DEVELOPMENT Ltd (SFWL) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2020: $251.49M2021: $305.35M2022: $328.79M2023: $357.62M2024: $457.87M2025: $519.39M$519.39M
2020Cost of Revenue (USD)2025
Fiscal YearCost of RevenueChange YoY
2025$519.39M+13.4%
2024$457.87M+28.0%
2023$357.62M+8.8%
2022$328.79M+7.7%
2021$305.35M+21.4%
2020$251.49M—