Accelerant Holdings (ARX) Cost of Revenue (2024 - 2026)
Accelerant Holdings (ARX) posted Cost of Revenue of $81.8 million for Q1 2026, up 44.27% on a QoQ basis from $56.7 million in Q4 2025, and up 80.97% year-over-year from $45.2 million in Q1 2025.
Accelerant Holdings (ARX) Cost of Revenue (2024 - 2026) Analysis & Trends
Accelerant Holdings' Cost of Revenue history runs 3 years deep, the most recent figure standing at $81.8 million for Q1 2026.
- Quarterly Cost of Revenue rose 80.97% year-over-year to $81.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $240.6 million (up 30.9% YoY) and the FY2025 annual result came in at $204.0 million, up 21.94% from the prior year.
- Cost of Revenue was $81.8 million for Q1 2026 at Accelerant Holdings, up from $56.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $81.8 million in Q1 2026 and bottomed at $39.7 million in Q3 2024.
- A 3-year average of $53.0 million and a median of $51.0 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2025 — Cost of Revenue rose 1.8% — and 2026, when it soared 80.97%.
- Accelerant Holdings' Cost of Revenue stood at $55.7 million in 2024, then advanced by 1.8% to $56.7 million in 2025, then surged by 44.27% to $81.8 million in 2026.
- Business Quant data shows ARX's Cost of Revenue at $81.8 million in Q1 2026, $56.7 million in Q4 2025, and $50.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 120,003.58 Bn | 120,003.57 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 87.96 Bn | 75.75 Bn | 6.04 Bn | 1.36 Bn |
| 3 | Aon | 78.60 Bn | 77.19 Bn | - | - |
| 4 | Arthur J. Gallagher | 65.15 Bn | 63.73 Bn | - | - |
| 5 | Willis Towers Watson | 28.74 Bn | 26.89 Bn | 1.98 Bn | 385.00 Mn |
| 6 | Brown & Brown | 23.32 Bn | 22.32 Bn | 1.61 Bn | 289.00 Mn |
| 7 | Neptune Insurance Holdings | 4.24 Bn | 4.23 Bn | 26.44 Mn | 11.35 Mn |
| 8 | Accelerant Holdings | 3.26 Bn | 1.72 Bn | 48.00 Mn | 81.80 Mn |
| 9 | Corvel | 3.10 Bn | 2.76 Bn | 54.92 Mn | 180.71 Mn |
| 10 | Baldwin Insurance | 2.55 Bn | 2.40 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.80 Mn |
| Mar 31, 2026 | 81.80 Mn |
| Dec 31, 2025 | 56.70 Mn |
| Dec 31, 2025 | 56.70 Mn |
| Sep 30, 2025 | 50.80 Mn |
| Sep 30, 2025 | 50.80 Mn |
| Jun 30, 2025 | 51.30 Mn |
| Jun 30, 2025 | 51.30 Mn |
| Mar 31, 2025 | 45.20 Mn |
| Mar 31, 2025 | 45.20 Mn |
| Dec 31, 2024 | 55.70 Mn |
| Dec 31, 2024 | 55.70 Mn |
| Sep 30, 2024 | 39.70 Mn |
| Sep 30, 2024 | 39.70 Mn |
| Jun 30, 2024 | 43.20 Mn |
| Jun 30, 2024 | 43.20 Mn |