Brighthouse Financial (BHF) Cost of Revenue (2016 - 2026)
Brighthouse Financial (BHF) recorded Cost of Revenue of $591 million in Q2 2026, down 16.9% from $711 million a year earlier and down 7.2% from the prior quarter.
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Analysis
Brighthouse Financial (BHF) Cost of Revenue (2016 - 2026) Analysis & Trends
On a TTM basis, Brighthouse Financial's Cost of Revenue came in at $2.18 billion as of Jun 30, 2026, up 6.5% year-over-year; for FY2025, it was $1.81 billion, down 21.3% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of -20.6% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $2.29 billion in FY2024 (-14.3%), $2.68 billion in FY2023 (+22.0%), $2.19 billion in FY2022 (-20.1%) and $2.75 billion in FY2021 (-51.9%).
- Quarterly Cost of Revenue has ranged from $22 million in Q3 2024 to $1.11 billion in Q3 2021 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in two of the last seven quarters, with an average decline of 19.8%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 165.9% in Q4 2023, against a decline of 96.3% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $637 million (Q1 2026), $697 million (Q4 2025) and $252 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 45.95 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 6.69 Bn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 14.57 Bn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 5.92 Bn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 11.34 Bn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Brighthouse Financial | 2.88 Bn | -25.23 Bn | 1.03 Bn | 591.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 591.00 Mn |
| Mar 31, 2026 | 637.00 Mn |
| Dec 31, 2025 | 697.00 Mn |
| Sep 30, 2025 | 252.00 Mn |
| Jun 30, 2025 | 711.00 Mn |
| Mar 31, 2025 | 649.00 Mn |
| Dec 31, 2024 | 662.00 Mn |
| Sep 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 642.00 Mn |
| Mar 31, 2024 | 968.00 Mn |
| Dec 31, 2023 | 710.00 Mn |
| Sep 30, 2023 | 590.00 Mn |
| Jun 30, 2023 | 689.00 Mn |
| Mar 31, 2023 | 687.00 Mn |
| Dec 31, 2022 | 267.00 Mn |
| Sep 30, 2022 | 534.00 Mn |
| Jun 30, 2022 | 717.00 Mn |
| Mar 31, 2022 | 675.00 Mn |
| Dec 31, 2021 | 126.00 Mn |
| Sep 30, 2021 | 1.11 Bn |
API Access
Brighthouse Financial Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();