Hamilton Insurance (HG) Cost of Revenue (2022 - 2026)
Hamilton Insurance (HG) posted quarterly Cost of Revenue of $324.8 million for Q1 2026, down 17.82% year-over-year from $395.2 million in Q1 2025, and up 3.22% quarter-over-quarter from $314.6 million in Q4 2025.
Hamilton Insurance (HG) Cost of Revenue (2022 - 2026) Analysis & Trends
Hamilton Insurance's Cost of Revenue history runs 5 years deep, the most recent figure standing at $324.8 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 17.82% year-over-year to $324.8 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 1.28% YoY), while the FY2025 annual figure was $1.3 billion, up 24.58% from the prior year.
- Cost of Revenue for Q1 2026 stood at $324.8 million, up from $314.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $395.2 million in Q1 2025, with the low at $148.6 million in Q1 2023.
- The 5-year median for Cost of Revenue is $258.0 million (2022), against an average of $248.5 million.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue declined 25.73% in 2023, then jumped 70.1% in 2025.
- Hamilton Insurance's Cost of Revenue stood at $161.3 million in 2022, then increased by 20.91% to $195.0 million in 2023, then jumped by 48.52% to $289.7 million in 2024, then grew by 8.61% to $314.6 million in 2025, then grew by 3.22% to $324.8 million in 2026.
- Business Quant data shows HG's Cost of Revenue at $324.8 million in Q1 2026, $314.6 million in Q4 2025, and $278.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 4.48 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 2.17 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 942.38 Mn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 361.49 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 358.20 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 112.08 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 1.52 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 361.49 Mn |
| Jun 30, 2026 | 361.49 Mn |
| Mar 31, 2026 | 324.79 Mn |
| Mar 31, 2026 | 324.79 Mn |
| Dec 31, 2025 | 314.65 Mn |
| Dec 31, 2025 | 314.65 Mn |
| Sep 30, 2025 | 278.71 Mn |
| Sep 30, 2025 | 278.71 Mn |
| Jun 30, 2025 | 269.93 Mn |
| Jun 30, 2025 | 269.93 Mn |
| Mar 31, 2025 | 395.23 Mn |
| Mar 31, 2025 | 395.23 Mn |
| Dec 31, 2024 | 289.70 Mn |
| Dec 31, 2024 | 289.70 Mn |
| Sep 30, 2024 | 273.63 Mn |
| Sep 30, 2024 | 273.63 Mn |
| Jun 30, 2024 | 214.49 Mn |
| Jun 30, 2024 | 214.49 Mn |
| Mar 31, 2024 | 232.35 Mn |
| Mar 31, 2024 | 232.35 Mn |