Pelagos Insurance Capital Ltd (FIHL) Cost of Revenue (2022 - 2026)
Pelagos Insurance Capital (FIHL) reported Cost of Revenue of $223.8 million for Q1 2026, down 47.86% on a YoY basis from $429.2 million in Q1 2025, and up 22.16% quarter-over-quarter from $183.2 million in Q4 2025.
Pelagos Insurance Capital Ltd (FIHL) Cost of Revenue (2022 - 2026) Analysis & Trends
Pelagos Insurance Capital has reported Cost of Revenue for 5 years, with the latest figure at $223.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 47.86% year-over-year to $223.8 million; the trailing twelve-month figure through Mar 2026 stood at $884.4 million (down 36.95% YoY), and the FY2025 full-year result was $1.1 billion, down 5.71% from the prior year.
- Cost of Revenue for Q1 2026 stood at $223.8 million, up from $183.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $513.0 million in Q4 2024, with the low at $119.6 million in Q4 2022.
- Historically, Cost of Revenue has averaged $238.8 million across 5 years, with a median of $190.4 million in 2023.
- Annual changes were most pronounced in 2024 — Cost of Revenue surged 171.14% — and 2025, when it plunged 64.29%.
- Pelagos Insurance Capital's Cost of Revenue stood at $119.6 million in 2022, then surged by 58.19% to $189.2 million in 2023, then surged by 171.14% to $513.0 million in 2024, then sank by 64.29% to $183.2 million in 2025, then increased by 22.16% to $223.8 million in 2026.
- The last three Cost of Revenue figures came in at $223.8 million (Q1 2026), $183.2 million (Q4 2025), and $180.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.85 Bn | 1.02 Bn | 2.60 Bn | 3.48 Bn |
| 2 | Hartford Insurance | 35.40 Bn | 26.34 Bn | 2.15 Bn | 4.00 Bn |
| 3 | Arch Capital | 32.21 Bn | 31.30 Bn | 4.02 Bn | 498.00 Mn |
| 4 | Brookfield Wealth Solutions | 9.95 Bn | -3.21 Bn | 4.62 Bn | -1.57 Bn |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn | 100,000.00 |
| 7 | Waterdrop | 632.07 Mn | 560.72 Mn | 129.34 Mn | 72.47 Mn |
| 8 | Sun Life Financial | 48.32 Mn | -8.02 Bn | - | - |
| 9 | Exzeo | 1.16 Mn | -230.22 Mn | 32.74 Mn | 1.28 Mn |
| 10 | Aegon | 5,067.42 | 5,067.42 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 223.80 Mn |
| Mar 31, 2026 | 223.80 Mn |
| Dec 31, 2025 | 183.20 Mn |
| Dec 31, 2025 | 183.20 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Jun 30, 2025 | 296.70 Mn |
| Jun 30, 2025 | 296.70 Mn |
| Mar 31, 2025 | 429.20 Mn |
| Mar 31, 2025 | 429.20 Mn |
| Dec 31, 2024 | 513.00 Mn |
| Dec 31, 2024 | 513.00 Mn |
| Sep 30, 2024 | 237.80 Mn |
| Sep 30, 2024 | 237.80 Mn |
| Jun 30, 2024 | 222.70 Mn |
| Jun 30, 2024 | 222.70 Mn |
| Mar 31, 2024 | 182.30 Mn |
| Mar 31, 2024 | 182.30 Mn |
| Dec 31, 2023 | 189.20 Mn |
| Dec 31, 2023 | 189.20 Mn |