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

Marsh & Mclennan Companies has reported Cost of Revenue for 18 years, with the latest figure 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.
• The five-year high for Cost of Revenue was $1.7 billion in Q1 2026, with the low at $991.0 million in Q1 2023.
• Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue dropped 9.28% — and 2026, when it jumped 42.04%.
• Marsh & Mclennan Companies' Cost of Revenue stood at $1.3 billion in 2022, then retreated by 9.28% to $1.2 billion in 2023, then climbed by 9.47% to $1.3 billion in 2024, then advanced by 11.04% to $1.4 billion in 2025, then grew 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.