Heritage Insurance Holdings (HRTG) Cost of Revenue (2013 - 2026)
Heritage Insurance Holdings (HRTG) posted Cost of Revenue of $81.39 million for the quarter ended Sep 30, 2026, up 8.9% from $74.77 million a year earlier and up 33.3% from the prior quarter.
Heritage Insurance Holdings (HRTG) Cost of Revenue (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Heritage Insurance Holdings was $297.5 million, down 17.1% year-over-year; for the year ended Dec 31, 2025, it was $313.25 million, down 29.9% from the prior year.
- Annual Cost of Revenue shows a five-year compound annual growth rate of -3.5% (years ended Dec 2020 to Dec 2025).
- In prior years, Heritage Insurance Holdings' Cost of Revenue was $447.05 million in the year ended Dec 31, 2024 (+4.9%), $426.13 million in the year ended Dec 31, 2023 (-15.0%), $501.16 million in the year ended Dec 31, 2022 (+17.3%) and $427.37 million in the year ended Dec 31, 2021 (+14.5%).
- Quarterly Cost of Revenue has run from a low of $61.06 million in the quarter ended Jun 30, 2026 to a high of $155.85 million in the quarter ended Sep 30, 2022 over five years.
- On a year-over-year basis, Cost of Revenue increased in two of the last eight quarters, with an average decline of 14.2%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was the quarter ended Mar 31, 2022, with growth of 43.0%; the weakest was the quarter ended Sep 30, 2025, with a decline of 42.5%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $61.06 million (quarter ended Jun 30, 2026), $91.6 million (quarter ended Mar 31, 2026) and $63.45 million (quarter ended Dec 31, 2025).
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 | Heritage Insurance Holdings | 992.39 Mn | -1.21 Bn | 137.85 Mn | 81.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 81.39 Mn |
| Jun 30, 2026 | 61.06 Mn |
| Mar 31, 2026 | 91.60 Mn |
| Dec 31, 2025 | 63.45 Mn |
| Sep 30, 2025 | 74.77 Mn |
| Jun 30, 2025 | 75.62 Mn |
| Mar 31, 2025 | 99.41 Mn |
| Dec 31, 2024 | 109.07 Mn |
| Sep 30, 2024 | 130.02 Mn |
| Jun 30, 2024 | 105.93 Mn |
| Mar 31, 2024 | 102.04 Mn |
| Dec 31, 2023 | 90.63 Mn |
| Sep 30, 2023 | 131.40 Mn |
| Jun 30, 2023 | 106.65 Mn |
| Mar 31, 2023 | 97.45 Mn |
| Dec 31, 2022 | 103.75 Mn |
| Sep 30, 2022 | 155.85 Mn |
| Jun 30, 2022 | 101.52 Mn |
| Mar 31, 2022 | 140.04 Mn |
| Dec 31, 2021 | 98.99 Mn |
Heritage Insurance Holdings 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=HRTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HRTG", "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=HRTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();