Metlife (MET) Cost of Revenue (2009 - 2026)
Metlife (MET) posted quarterly Cost of Revenue of $11.9 billion for Q1 2026, little changed year-over-year from $11.8 billion in Q1 2025, and down 29.28% quarter-over-quarter from $16.8 billion in Q4 2025.
Metlife (MET) Cost of Revenue (2009 - 2026) Analysis & Trends
Metlife's Cost of Revenue history runs 18 years deep, the most recent figure standing at $11.9 billion for Q1 2026.
- In Q1 2026, Cost of Revenue changed 0.49% year-over-year to $11.9 billion; the TTM figure through Mar 2026 stood at $49.8 billion (up 7.14% YoY), while the FY2025 annual figure was $49.7 billion, up 11.16% from the prior year.
- Cost of Revenue for Q1 2026 stood at $11.9 billion, down from $16.8 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.
- The 5-year median for Cost of Revenue is $11.5 billion (2024), against an average of $11.8 billion.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 74.24% in 2022, then plunged 36.77% in 2023.
- Metlife's Cost of Revenue stood at $9.1 billion in 2022, then climbed by 29.23% to $11.8 billion in 2023, then grew by 6.73% to $12.6 billion in 2024, then jumped by 33.44% to $16.8 billion in 2025, then dropped by 29.28% to $11.9 billion in 2026.
- Business Quant data shows MET's Cost of Revenue at $11.9 billion in Q1 2026, $16.8 billion in Q4 2025, and $10.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.91 Bn | 51.00 Bn | - | - |
| 2 | Metlife | 60.57 Bn | 33.25 Bn | 7.82 Bn | 11.34 Bn |
| 3 | Aflac | 58.53 Bn | -44.47 Bn | 2.27 Bn | 1.85 Bn |
| 4 | Prudential | 36.24 Bn | 27.92 Bn | - | - |
| 5 | Unum | 13.96 Bn | 4.41 Bn | 1.38 Bn | 1.99 Bn |
| 6 | Primerica | 9.20 Bn | 8.57 Bn | 717.74 Mn | 147.33 Mn |
| 7 | Jackson Financial | 9.15 Bn | 3.17 Bn | - | - |
| 8 | Lincoln National | 8.14 Bn | -3.54 Bn | 2.62 Bn | 1.92 Bn |
| 9 | Genworth Financial | 3.77 Bn | 1.78 Bn | 668.00 Mn | 1.23 Bn |
| 10 | Brighthouse Financial | 3.00 Bn | -5.06 Bn | 1.03 Bn | 591.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.34 Bn |
| Jun 30, 2026 | 11.34 Bn |
| Mar 31, 2026 | 11.86 Bn |
| Mar 31, 2026 | 11.86 Bn |
| Dec 31, 2025 | 16.78 Bn |
| Dec 31, 2025 | 16.78 Bn |
| Sep 30, 2025 | 10.37 Bn |
| Sep 30, 2025 | 10.37 Bn |
| Jun 30, 2025 | 10.77 Bn |
| Jun 30, 2025 | 10.77 Bn |
| Mar 31, 2025 | 11.81 Bn |
| Mar 31, 2025 | 11.81 Bn |
| Dec 31, 2024 | 12.57 Bn |
| Dec 31, 2024 | 12.57 Bn |
| Sep 30, 2024 | 10.60 Bn |
| Sep 30, 2024 | 10.60 Bn |
| Jun 30, 2024 | 11.49 Bn |
| Jun 30, 2024 | 11.49 Bn |
| Mar 31, 2024 | 10.07 Bn |
| Mar 31, 2024 | 10.07 Bn |