F&G Annuities & Life (FG) Cost of Revenue (2022 - 2026)
F&G Annuities & Life (FG) reported Cost of Revenue of $1.15 billion for Q2 2026, up 15.7% from $993 million a year earlier and up 137.4% from the prior quarter.
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Analysis
F&G Annuities & Life (FG) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, F&G Annuities & Life's Cost of Revenue came in at $4.08 billion, up 15.3% year-over-year; for FY2025, it came in at $3.96 billion, up 4.5% from FY2024.
- Cost of Revenue has increased for three consecutive years, with a four-year compound annual growth rate of 19.7% (FY2021 to FY2025).
- By year, Cost of Revenue came in at $3.79 billion in FY2024 (+6.7%), $3.55 billion in FY2023 (+215.5%), $1.13 billion in FY2022 (-41.7%) and $1.93 billion in FY2021.
- Five-year quarterly Cost of Revenue spans a low of $292 million in Q3 2023 and a high of $1.63 billion in Q4 2023.
- Year over year, Cost of Revenue gained in five of the last eight quarters, with growth averaging 36.6%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2024 (growth of 275.0%); the low point was Q1 2025 (a decline of 54.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $484 million (Q1 2026), $1.27 billion (Q4 2025) and $1.18 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 48.94 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 7.53 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 14.90 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | - |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 6.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 645.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 9.94 Bn |
| 10 | F&G Annuities & Life | 3.27 Bn | -6.42 Bn | 1.11 Bn | 26.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.00 Mn |
| Jun 30, 2026 | 1.15 Bn |
| Mar 31, 2026 | 484.00 Mn |
| Dec 31, 2025 | 1.27 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 993.00 Mn |
| Mar 31, 2025 | 524.00 Mn |
| Dec 31, 2024 | 927.00 Mn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 608.00 Mn |
| Mar 31, 2024 | 1.16 Bn |
| Dec 31, 2023 | 1.63 Bn |
| Sep 30, 2023 | 292.00 Mn |
| Jun 30, 2023 | 817.00 Mn |
| Mar 31, 2023 | 812.00 Mn |
| Dec 31, 2022 | 730.00 Mn |
| Sep 30, 2022 | 570.00 Mn |
| Jun 30, 2022 | 377.00 Mn |
API Access
F&G Annuities & Life 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=FG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FG", "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=FG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();