American National (ANG-PD) Cost of Revenue (2010 - 2025)

American National's Cost of Revenue history runs 16 years deep, the most recent figure standing at -$33.0 million for Q4 2025.

• In Q4 2025, Cost of Revenue fell 103.04% year-over-year to -$33.0 million; the TTM figure through Dec 2025 stood at $2.2 billion (down 45.41% YoY), while the FY2025 annual figure was $2.2 billion, down 45.41% from the prior year.
• Cost of Revenue was -$33.0 million for Q4 2025 at American National, down from $527.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.2 billion in Q4 2022 to a low of -$551.0 million in Q4 2023.
• Historically, Cost of Revenue has averaged $454.8 million across 5 years, with a median of $300.5 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 1746.42% in 2022, then plunged 146.3% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $64.4 million in 2021, then jumped by 1746.42% to $1.2 billion in 2022, then plunged by 146.3% to -$551.0 million in 2023, then surged by 297.1% to $1.1 billion in 2024, then slumped by 103.04% to -$33.0 million in 2025.
• The last three Cost of Revenue figures came in at -$33.0 million (Q4 2025), $527.0 million (Q3 2025), and $828.0 million (Q2 2025), per Business Quant data.