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
DateValue
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