Horace Mann Educators (HMN) Cost of Revenue (2010 - 2026)

Horace Mann Educators has reported Cost of Revenue for 17 years, with the latest figure at $176.4 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 3.71% year-over-year to $176.4 million; the trailing twelve-month figure through Mar 2026 stood at $704.7 million (down 6.28% YoY), and the FY2025 full-year result was $711.5 million, down 4.5% from the prior year.
• Cost of Revenue for Q1 2026 stood at $176.4 million, up from $173.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $207.3 million in Q2 2024, with the low at $167.1 million in Q3 2022.
• Historically, Cost of Revenue has averaged $185.2 million across 5 years, with a median of $183.2 million in 2023.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 39.31% — and 2025, when it slipped 11.48%.
• Horace Mann Educators' Cost of Revenue stood at $201.3 million in 2022, then fell by 9.84% to $181.5 million in 2023, then retreated by 6.28% to $170.1 million in 2024, then rose by 2.18% to $173.8 million in 2025, then advanced by 1.5% to $176.4 million in 2026.
• The last three Cost of Revenue figures came in at $176.4 million (Q1 2026), $173.8 million (Q4 2025), and $171.0 million (Q3 2025), per Business Quant data.