Kingsway (KWY) Cost of Revenue (2013 - 2026)
Kingsway (KWY) posted quarterly Cost of Revenue of $31.1 million for Q4 2025, up 64.28% year-over-year from $18.9 million in Q4 2024, and up 180.82% quarter-over-quarter from $11.1 million in Q3 2025.
Kingsway (KWY) Cost of Revenue (2013 - 2026) Analysis & Trends
Kingsway's Cost of Revenue history runs 10 years deep, the most recent figure standing at $31.1 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 64.28% year-over-year to $31.1 million; the TTM figure through Dec 2025 stood at $56.7 million (up 50.97% YoY), while the FY2025 annual figure was $50.4 million, up 33.74% from the prior year.
- Cost of Revenue for Q4 2025 stood at $31.1 million, up from $11.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $31.1 million in Q4 2025, with the low at $4.7 million in Q1 2021.
- The 5-year median for Cost of Revenue is $5.7 million (2023), against an average of $7.9 million.
- Peak annual rise in Cost of Revenue reached 240.56% in 2024, while the deepest fall reached 0.93% in 2024.
- Kingsway's Cost of Revenue stood at $4.7 million in 2021, then grew by 9.79% to $5.1 million in 2022, then climbed by 8.45% to $5.6 million in 2023, then jumped by 240.56% to $18.9 million in 2024, then surged by 64.28% to $31.1 million in 2025.
- Business Quant data shows KWY's Cost of Revenue at $31.1 million in Q4 2025, $11.1 million in Q3 2025, and $6.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | - |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 613.00 Mn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 294.00 Mn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Kingsway | 298.33 Mn | 244.73 Mn | 17.12 Mn | 22.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.32 Mn |
| Jun 30, 2026 | 22.32 Mn |
| Dec 31, 2025 | 31.09 Mn |
| Dec 31, 2025 | 31.09 Mn |
| Sep 30, 2025 | 11.07 Mn |
| Sep 30, 2025 | 11.07 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Mar 31, 2025 | 7.69 Mn |
| Mar 31, 2025 | 7.69 Mn |
| Dec 31, 2024 | 18.93 Mn |
| Dec 31, 2024 | 18.93 Mn |
| Sep 30, 2024 | 6.32 Mn |
| Sep 30, 2024 | 6.32 Mn |
| Jun 30, 2024 | 6.16 Mn |
| Jun 30, 2024 | 6.16 Mn |
| Mar 31, 2024 | 6.12 Mn |
| Mar 31, 2024 | 6.12 Mn |
| Dec 31, 2023 | 5.56 Mn |
| Dec 31, 2023 | 5.56 Mn |