Globe Life (GL) Cost of Revenue (2009 - 2026)
Globe Life's Cost of Revenue came in at $798.25 million for Q2 2026, up 5.6% from $756 million a year earlier and up 1.1% from the prior quarter.
Globe Life (GL) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Globe Life reported Cost of Revenue of $2.97 billion, up 1.1% year-over-year; for FY2025, it was $2.88 billion, down 0.4% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $2.89 billion in FY2024 (+1.1%), $2.86 billion in FY2023 (+1.4%), $2.83 billion in FY2022 (+6.3%) and $2.66 billion in FY2021 (+3.3%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q2 2009.
- Year-over-year, Cost of Revenue has increased for three consecutive quarters, with growth averaging 0.9% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2022 (growth of 30.0%), and the weakest in Q4 2021 (a decline of 18.5%).
- Business Quant data shows GL's Cost of Revenue at $789.58 million (Q1 2026), $760.91 million (Q4 2025) and $616.62 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,168.75 Bn | -248.72 Bn | 55.86 Bn | 45.95 Bn |
| 2 | Chubb | 136.94 Bn | 89.00 Bn | 9.13 Bn | 6.69 Bn |
| 3 | Progressive | 132.57 Bn | 108.40 Bn | 9.04 Bn | 14.57 Bn |
| 4 | Marsh & Mclennan Companies | 93.82 Bn | 86.22 Bn | - | - |
| 5 | Travelers Companies | 83.08 Bn | 59.33 Bn | 6.23 Bn | 5.92 Bn |
| 6 | Manulife Financial | 75.37 Bn | -18.34 Bn | - | - |
| 7 | Arthur J. Gallagher | 68.71 Bn | 63.14 Bn | - | - |
| 8 | Aon | 64.39 Bn | 57.63 Bn | - | - |
| 9 | Allstate | 64.30 Bn | 25.55 Bn | 8.73 Bn | 9.86 Bn |
| 10 | Globe Life | 14.28 Bn | 13.52 Bn | 801.48 Mn | 798.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 798.25 Mn |
| Mar 31, 2026 | 789.58 Mn |
| Dec 31, 2025 | 760.91 Mn |
| Sep 30, 2025 | 616.62 Mn |
| Jun 30, 2025 | 756.00 Mn |
| Mar 31, 2025 | 750.77 Mn |
| Dec 31, 2024 | 738.77 Mn |
| Sep 30, 2024 | 688.18 Mn |
| Jun 30, 2024 | 735.69 Mn |
| Mar 31, 2024 | 731.79 Mn |
| Dec 31, 2023 | 719.77 Mn |
| Sep 30, 2023 | 719.04 Mn |
| Jun 30, 2023 | 717.51 Mn |
| Mar 31, 2023 | 707.93 Mn |
| Dec 31, 2022 | 702.28 Mn |
| Sep 30, 2022 | 737.58 Mn |
| Jun 30, 2022 | 691.43 Mn |
| Mar 31, 2022 | 694.15 Mn |
| Dec 31, 2021 | 540.31 Mn |
| Sep 30, 2021 | 711.41 Mn |
Globe 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=GL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GL", "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=GL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();