Aflac (AFL) Cost of Revenue (2009 - 2026)
Aflac's (AFL) quarterly Cost of Revenue came in at $1.8 billion in Q1 2026, up 663.33% year-on-year from $240.0 million in Q1 2025, and up 644.72% quarter-over-quarter from $246.0 million in Q4 2025.
Aflac (AFL) Cost of Revenue (2009 - 2026) Analysis & Trends
Aflac has disclosed Cost of Revenue across 18 years of filings, most recently posting $1.8 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $1.8 billion, up 663.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (up 277.85% YoY), and the FY2025 annual result was $991.0 million, down 0.7% from the prior year.
- Cost of Revenue came in at $1.8 billion for Q1 2026 at Aflac, up from $246.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $8.0 billion in Q4 2022 to a low of -$4.5 billion in Q4 2024.
- The 5-year median for Cost of Revenue is $279.0 million (2022), against an average of $900.1 million.
- Across the five-year window, Cost of Revenue surged 2545.07% in 2022 and plunged 315.36% in 2024, its largest moves.
- Aflac's Cost of Revenue stood at $8.0 billion in 2022, then plunged by 73.85% to $2.1 billion in 2023, then plunged by 315.36% to -$4.5 billion in 2024, then jumped by 105.43% to $246.0 million in 2025, then jumped by 644.72% to $1.8 billion in 2026.
- The last three Cost of Revenue figures came in at $1.8 billion (Q1 2026), $246.0 million (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 575.36 Bn | 575.36 Bn | - | - |
| 2 | Aflac | 60.03 Bn | 54.38 Bn | 1.48 Bn | 1.83 Bn |
| 3 | Metlife | 56.29 Bn | 40.35 Bn | 256.00 Mn | 11.86 Bn |
| 4 | Unum | 14.92 Bn | 4.96 Bn | 1.40 Bn | 1.96 Bn |
| 5 | Globe Life | 12.80 Bn | 12.12 Bn | 1.45 Bn | 113.74 Mn |
| 6 | Primerica | 8.79 Bn | 8.79 Bn | 770.81 Mn | 101.88 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.68 Bn | - | - |
| 8 | Lincoln National | 6.95 Bn | -8.74 Bn | 3.25 Bn | 2.06 Bn |
| 9 | CNO Financial | 4.67 Bn | 4.33 Bn | 754.30 Mn | 275.30 Mn |
| 10 | Prudential | 4.24 Bn | 4.24 Bn | - | 3.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.83 Bn |
| Mar 31, 2026 | 1.83 Bn |
| Dec 31, 2025 | 246.00 Mn |
| Dec 31, 2025 | 246.00 Mn |
| Sep 30, 2025 | 1.44 Bn |
| Sep 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 251.00 Mn |
| Jun 30, 2025 | 251.00 Mn |
| Mar 31, 2025 | 240.00 Mn |
| Mar 31, 2025 | 240.00 Mn |
| Dec 31, 2024 | -4.53 Bn |
| Dec 31, 2024 | -4.53 Bn |
| Sep 30, 2024 | 251.00 Mn |
| Sep 30, 2024 | 251.00 Mn |
| Jun 30, 2024 | 1.92 Bn |
| Jun 30, 2024 | 1.92 Bn |
| Mar 31, 2024 | 255.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Dec 31, 2023 | 2.10 Bn |
| Dec 31, 2023 | 2.10 Bn |