Kingsway (KWY) Cost of Revenue (2013 - 2025)

Kingsway's (KWY) quarterly Cost of Revenue came in at $31.1 million in Q4 2025, up 64.28% year-on-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 - 2025) Analysis & Trends

Kingsway's Cost of Revenue history runs 10 years deep, the most recent figure standing at $31.1 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 64.28% year-over-year to $31.1 million in Q4 2025; TTM through Dec 2025 was $56.7 million, a 50.97% increase from a year earlier, with the FY2025 full-year figure at $50.4 million, up 33.74% from the prior year.
  • Cost of Revenue improved to $31.1 million in Q4 2025 per KWY's latest filing, from $11.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $31.1 million in Q4 2025 and bottomed 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.
  • Biggest YoY gain for Cost of Revenue was 240.56% in 2024; the steepest drop was 0.93% in 2024.
  • Year by year, Cost of Revenue stood at $4.7 million in 2021, then increased by 9.79% to $5.1 million in 2022, then grew by 8.45% to $5.6 million in 2023, then surged by 240.56% to $18.9 million in 2024, then soared by 64.28% to $31.1 million in 2025.
  • Per Business Quant, the three latest KWY Cost of Revenue figures stand at $31.1 million (Q4 2025), $11.1 million (Q3 2025), and $6.8 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Brookfield 1,261.80 Bn 1,217.21 Bn 18.56 Bn 20.00 Mn
2 BlackRock 165.12 Bn 151.98 Bn - -
3 Blackstone 103.58 Bn 101.13 Bn - -
4 Brookfield Asset Management 76.31 Bn 75.26 Bn - -
5 Apollo Global Management 73.95 Bn 73.95 Bn -409.00 Mn 626.00 Mn
6 State Street 51.18 Bn 51.18 Bn - -
7 Ameriprise Financial 50.08 Bn 40.82 Bn 4.57 Bn 317.00 Mn
8 Raymond James Financial 34.03 Bn 19.06 Bn - -
9 Northern Trust 33.84 Bn 33.84 Bn - -
10 Kingsway 21.24 Bn 21.23 Bn 7.47 Mn 31.09 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2023 5.88 Mn
Sep 30, 2023 5.88 Mn