Marsh & Mclennan Companies (MRSH) Cost of Revenue (2009 - 2026)

Marsh & Mclennan Companies (MRSH) has 18 years of Cost of Revenue data on file, last reported at $1.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 42.04% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $5.7 billion (up 19.17% YoY), and the FY2025 full-year result was $5.2 billion, up 11.54% from the prior year.
• Cost of Revenue for Q1 2026 stood at $1.7 billion, up from $1.4 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.7 billion in Q1 2026 and bottomed at $991.0 million in Q1 2023.
• The 5-year median for Cost of Revenue is $1.1 billion (2024), against an average of $1.2 billion.
• The widest annual swing landed in 2023, when Cost of Revenue dropped 9.28%; it then jumped 42.04% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $1.3 billion in 2022, then decreased by 9.28% to $1.2 billion in 2023, then grew by 9.47% to $1.3 billion in 2024, then climbed by 11.04% to $1.4 billion in 2025, then increased by 19.12% to $1.7 billion in 2026.
• The last three Cost of Revenue figures came in at $1.7 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

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