What does revenue AI platform and services — cost of revenue mean?

This metric measures the direct costs associated with delivering AI platform and cloud services, including GPU hardware depreciation, data center power, cooling, and network bandwidth. It reflects the operational efficiency of the company's infrastructure deployment and the direct expenses required to maintain high-performance computing availability.

Corvex MOVE Revenue AI Platform And Services — Cost Of Revenue

Other product segments

Revenue Connected Devices And Services

$265K-58.7%

Similar metrics at other companies

IRENAI Cloud Services — Cost of Revenue

$4.6M+1,268%

MHHData And Analytics Services — Cost Of Revenue

$7.9M-20.7%

BTBTCloud Services — Cost Of Revenue

$6.78M+11.4%

MTCHTotal Cost of Revenue

$210.66M-11.1%

DOCNTotal Cost of Revenue

$113.2M+39.3%

FORRSoftware — Cost Of Revenue

$457K+16.0%

Other financials

Income statement

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Revenue$510.0K+148%

Gross profit-$945.0K-107%

Operating income-$4.8M+7.5%

Net income-$5.0M+3.3%

EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%

Total debt$22.8M+3,165%

Total equity$576.0M+17,711%

Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%

CapEx$6.2M—

Free cash flow-$10.5M—

Valuation

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Market cap$43M+583%

Enterprise value$36.84M+427%

P/S58.3×+45.0×

Profitability

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Gross margin-424.9%-2,244pp

Operating margin-2,050.5%-817pp

Net margin-2,457.5%-909pp

FCF margin-2,175.8%—

Returns & leverage

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Return on equity-6.3%—

Debt / equity0×-0.2×

Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Corvex ’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corvex 's revenue AI platform and services — cost of revenue?: Corvex (MOVE) reported revenue AI platform and services — cost of revenue of $247K in Q1 2026.
What does revenue AI platform and services — cost of revenue mean?: This metric measures the direct costs associated with delivering AI platform and cloud services, including GPU hardware depreciation, data center power, cooling, and network bandwidth. It reflects the operational efficiency of the company's infrastructure deployment and the direct expenses required to maintain high-performance computing availability.