Smurfit Westrock (SW) Cost of Revenue (2023 - 2026)
Smurfit Westrock's (SW) quarterly Cost of Revenue came in at $6.4 billion in Q1 2026, up 6.0% year-on-year from $6.1 billion in Q1 2025, and up 3.97% quarter-over-quarter from $6.2 billion in Q4 2025.
Smurfit Westrock (SW) Cost of Revenue (2023 - 2026) Analysis & Trends
Smurfit Westrock has disclosed Cost of Revenue across 4 years of filings, most recently posting $6.4 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $6.4 billion, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.5 billion (up 22.76% YoY), and the FY2025 annual result was $25.1 billion, up 48.61% from the prior year.
- Cost of Revenue came in at $6.4 billion for Q1 2026 at Smurfit Westrock, up from $6.2 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.4 billion in Q1 2026 to a low of $2.2 billion in Q4 2023.
- The 4-year median for Cost of Revenue is $6.1 billion (2024), against an average of $4.8 billion.
- Across the five-year window, Cost of Revenue soared 190.89% in 2024 and increased 1.66% in 2025, its largest moves.
- Smurfit Westrock's Cost of Revenue stood at $2.2 billion in 2023, then soared by 182.14% to $6.1 billion in 2024, then advanced by 1.66% to $6.2 billion in 2025, then rose by 3.97% to $6.4 billion in 2026.
- The last three Cost of Revenue figures came in at $6.4 billion (Q1 2026), $6.2 billion (Q4 2025), and $6.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 20.34 Bn | 19.70 Bn | 1.27 Bn | 6.44 Bn |
| 2 | Packaging Corp Of America | 19.16 Bn | 18.62 Bn | 452.90 Mn | 1.91 Bn |
| 3 | Amcor | 17.71 Bn | 16.14 Bn | 1.19 Bn | 4.72 Bn |
| 4 | International Paper | 16.82 Bn | 15.52 Bn | 1.73 Bn | 4.24 Bn |
| 5 | Ball | 14.54 Bn | 13.67 Bn | 646.00 Mn | 2.96 Bn |
| 6 | Avery Dennison | 12.04 Bn | 11.79 Bn | 664.80 Mn | 1.63 Bn |
| 7 | Crown Holdings | 10.73 Bn | 10.64 Bn | 644.00 Mn | 2.62 Bn |
| 8 | Reynolds Consumer Products | 4.93 Bn | 4.86 Bn | 207.00 Mn | 670.00 Mn |
| 9 | Sonoco Products | 4.88 Bn | 4.67 Bn | 345.63 Mn | 1.33 Bn |
| 10 | Silgan Holdings | 4.17 Bn | 3.73 Bn | 265.78 Mn | 1.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.44 Bn |
| Mar 31, 2026 | 6.44 Bn |
| Dec 31, 2025 | 6.20 Bn |
| Dec 31, 2025 | 6.20 Bn |
| Sep 30, 2025 | 6.43 Bn |
| Sep 30, 2025 | 6.43 Bn |
| Jun 30, 2025 | 6.43 Bn |
| Jun 30, 2025 | 6.43 Bn |
| Mar 31, 2025 | 6.08 Bn |
| Mar 31, 2025 | 6.08 Bn |
| Dec 31, 2024 | 6.10 Bn |
| Dec 31, 2024 | 6.10 Bn |
| Sep 30, 2024 | 6.32 Bn |
| Sep 30, 2024 | 6.32 Bn |
| Jun 30, 2024 | 2.28 Bn |
| Jun 30, 2024 | 2.28 Bn |
| Mar 31, 2024 | 2.22 Bn |
| Mar 31, 2024 | 2.22 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Dec 31, 2023 | 2.16 Bn |