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

American National's (ANG-PD) quarterly Cost of Revenue came in at -$33.0 million in Q4 2025, down 103.04% year-on-year from $1.1 billion in Q4 2024, and down 106.26% quarter-over-quarter from $527.0 million in Q3 2025.

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

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

  • On a quarterly basis, Cost of Revenue fell 103.04% year-over-year to -$33.0 million in Q4 2025; TTM through Dec 2025 was $2.2 billion, a 45.41% decrease from a year earlier, with the FY2025 full-year figure at $2.2 billion, down 45.41% from the prior year.
  • Cost of Revenue declined to -$33.0 million in Q4 2025 per ANG-PD's latest filing, from $527.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.2 billion in Q4 2022 and bottomed at -$551.0 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $300.5 million (2023), against an average of $454.8 million.
  • Across the five-year window, Cost of Revenue surged 1746.42% in 2022 and plunged 146.3% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $64.4 million in 2021, then jumped by 1746.42% to $1.2 billion in 2022, then slumped by 146.3% to -$551.0 million in 2023, then surged by 297.1% to $1.1 billion in 2024, then plunged by 103.04% to -$33.0 million in 2025.
  • Per Business Quant, the three latest ANG-PD Cost of Revenue figures stand at -$33.0 million (Q4 2025), $527.0 million (Q3 2025), and $828.0 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Prudential 75.74 Bn 67.41 Bn - 3.33 Bn
2 Manulife Financial 73.69 Bn 73.69 Bn - -
3 Aflac 64.95 Bn 59.30 Bn 2.51 Bn 1.83 Bn
4 Metlife 62.10 Bn 45.95 Bn 256.00 Mn 11.86 Bn
5 Unum 14.20 Bn 4.24 Bn 1.40 Bn 1.96 Bn
6 Primerica 10.02 Bn 9.35 Bn 770.81 Mn 101.88 Mn
7 Jackson Financial 8.48 Bn 2.94 Bn - -
8 Lincoln National 7.91 Bn -986.27 Mn 3.25 Bn 2.06 Bn
9 F&G Annuities & Life 3.93 Bn 1.61 Bn 1.15 Bn 33.00 Mn
10 American National 1.88 Bn -10.38 Bn -4.83 Bn -33.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -33.00 Mn
Dec 31, 2025 -33.00 Mn
Sep 30, 2025 527.00 Mn
Sep 30, 2025 527.00 Mn
Jun 30, 2025 828.00 Mn
Jun 30, 2025 828.00 Mn
Mar 31, 2025 888.00 Mn
Mar 31, 2025 888.00 Mn
Dec 31, 2024 1.09 Bn
Dec 31, 2024 1.09 Bn
Sep 30, 2024 846.00 Mn
Sep 30, 2024 846.00 Mn
Jun 30, 2024 1.03 Bn
Jun 30, 2024 1.03 Bn
Mar 31, 2024 1.09 Bn
Mar 31, 2024 1.09 Bn
Dec 31, 2023 -551.00 Mn
Dec 31, 2023 -551.00 Mn
Sep 30, 2023 717.00 Mn
Sep 30, 2023 717.00 Mn