Metlife MET
NYSE MET
$97.05 -0.30 (-0.31%)
At close: Sep 18, 2026 · 4:00 PM EDT

Metlife (MET) Cost of Revenue (2009 - 2026)

Metlife (MET) posted Cost of Revenue of $11.3 billion for Q2 2026, down 4.46% on a QoQ basis from $11.9 billion in Q1 2026, and up 5.28% year-over-year from $10.8 billion in Q2 2025.

Analysis

Metlife (MET) Cost of Revenue (2009 - 2026) Analysis & Trends

Metlife has reported Cost of Revenue for 18 years, with the latest figure at $11.3 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 5.28% year-over-year to $11.3 billion in Q2 2026; TTM through Jun 2026 was $50.3 billion, a 10.06% increase from a year earlier, with the FY2025 full-year figure at $49.7 billion, up 11.16% from the prior year.
  • Cost of Revenue was $11.3 billion for Q2 2026 at Metlife, down from $11.9 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $17.6 billion in Q3 2022, with the low at $9.1 billion in Q4 2022.
  • Average Cost of Revenue over 5 years is $11.8 billion, with a median of $11.4 billion recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 74.24% in 2022, then plunged 36.77% in 2023.
  • Over 5 years, Cost of Revenue stood at $9.1 billion in 2022, then increased by 29.23% to $11.8 billion in 2023, then rose by 6.73% to $12.6 billion in 2024, then soared by 33.44% to $16.8 billion in 2025, then plunged by 32.43% to $11.3 billion in 2026.
  • The last three Cost of Revenue figures came in at $11.3 billion (Q2 2026), $11.9 billion (Q1 2026), and $16.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Manulife Financial 75.56 Bn 76.77 Bn - -
2 Metlife 61.89 Bn 34.88 Bn 7.82 Bn 11.34 Bn
3 Sun Life Financial 45.01 Bn 40.41 Bn - -
4 Globe Life 16.00 Bn 15.24 Bn 801.48 Mn 798.25 Mn
5 Equitable Holdings 14.74 Bn -2.55 Bn 1.22 Bn 435.00 Mn
6 Brookfield Wealth Solutions 12.45 Bn 11.71 Mn 1.92 Bn 2.30 Bn
7 Corebridge Financial 9.60 Bn -296.03 Bn 2.79 Bn 1.12 Bn
8 Jackson Financial 9.04 Bn 3.56 Bn - -
9 Primerica 8.98 Bn 8.35 Bn 717.74 Mn 147.33 Mn
10 Lincoln National 8.08 Bn -3.60 Bn 2.62 Bn 1.92 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.34 Bn
Mar 31, 2026 11.86 Bn
Dec 31, 2025 16.78 Bn
Sep 30, 2025 10.37 Bn
Jun 30, 2025 10.77 Bn
Mar 31, 2025 11.81 Bn
Dec 31, 2024 12.57 Bn
Sep 30, 2024 10.60 Bn
Jun 30, 2024 11.49 Bn
Mar 31, 2024 10.07 Bn
Dec 31, 2023 11.78 Bn
Sep 30, 2023 11.13 Bn
Jun 30, 2023 11.81 Bn
Mar 31, 2023 9.87 Bn
Dec 31, 2022 9.12 Bn
Sep 30, 2022 17.60 Bn
Jun 30, 2022 11.62 Bn
Mar 31, 2022 11.17 Bn
Dec 31, 2021 13.09 Bn
Sep 30, 2021 10.10 Bn