Axis Capital Holdings AXS
NYSE AXS
$98.73 +0.13 (+0.13%)
At close: Aug 21, 2026 · 4:00 PM EDT

Axis Capital Holdings (AXS) Cost of Revenue (2009 - 2026)

Axis Capital Holdings (AXS) posted Cost of Revenue of $933.1 million for Q2 2026, up 7.59% sequentially from $867.3 million in Q1 2026, and up 16.39% YoY from $801.8 million in Q2 2025.

Axis Capital Holdings (AXS) Cost of Revenue (2009 - 2026) Analysis & Trends

Axis Capital Holdings has reported Cost of Revenue for 18 years, with the latest figure at $933.1 million in Q2 2026.

  • Quarterly Cost of Revenue rose 16.39% year-over-year to $933.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.5 billion (up 7.68% YoY) and the FY2025 annual result came in at $3.3 billion, up 4.12% from the prior year.
  • Cost of Revenue advanced to $933.1 million in Q2 2026 per AXS's latest filing, from $867.3 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.2 billion in Q4 2023 and troughed at $720.6 million in Q1 2023.
  • A 5-year average of $826.8 million and a median of $800.0 million in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 44.36% in 2023, then retreated 27.8% in 2024.
  • Over 5 years, Cost of Revenue stood at $798.2 million in 2022, then soared by 44.36% to $1.2 billion in 2023, then declined by 27.8% to $832.0 million in 2024, then rose by 3.3% to $859.4 million in 2025, then gained by 8.58% to $933.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $933.1 million, $867.3 million, and $859.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 12.65 Bn 8.08 Bn 3.59 Bn 460.00 Mn
2 First American Financial 7.36 Bn 4.25 Bn 1.77 Bn 352.10 Mn
3 Axis Capital Holdings 7.25 Bn 6.47 Bn 819.78 Mn 933.13 Mn
4 Enact Holdings 6.85 Bn 6.36 Bn 284.04 Mn 33.26 Mn
5 Mgic Investment 6.47 Bn 6.25 Bn 284.40 Mn 10.99 Mn
6 Essent 6.18 Bn 6.18 Bn 313.73 Mn 48.96 Mn
7 Ryan Specialty Holdings 5.43 Bn 5.29 Bn - -
8 Radian 4.96 Bn 4.22 Bn 380.01 Mn 194.95 Mn
9 NMI Holdings 3.42 Bn 3.35 Bn 157.40 Mn 30.49 Mn
10 Assured Guaranty 3.29 Bn -506.61 Mn 156.00 Mn 39.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 933.13 Mn
Jun 30, 2026 933.13 Mn
Mar 31, 2026 867.28 Mn
Mar 31, 2026 867.28 Mn
Dec 31, 2025 859.43 Mn
Dec 31, 2025 859.43 Mn
Sep 30, 2025 841.44 Mn
Sep 30, 2025 841.44 Mn
Jun 30, 2025 801.75 Mn
Jun 30, 2025 801.75 Mn
Mar 31, 2025 785.93 Mn
Mar 31, 2025 785.93 Mn
Dec 31, 2024 831.96 Mn
Dec 31, 2024 831.96 Mn
Sep 30, 2024 831.87 Mn
Sep 30, 2024 831.87 Mn
Jun 30, 2024 765.99 Mn
Jun 30, 2024 765.99 Mn
Mar 31, 2024 728.67 Mn
Mar 31, 2024 728.67 Mn