Starwood Real Estate Income Trust (SWDR) Cost of Revenue (2019 - 2026)

Starwood Real Estate Income Trust (SWDR) has 8 years of Cost of Revenue data on file, last reported at $160.1 million in Q1 2026.

• Quarterly Cost of Revenue fell 6.42% year-over-year to $160.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $665.6 million (down 5.77% YoY) and the FY2025 annual result came in at $676.6 million, down 5.36% from the prior year.
• Cost of Revenue slipped to $160.1 million in Q1 2026 per SWDR's latest filing, from $166.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $192.6 million in Q2 2023 and bottomed at $133.0 million in Q1 2022.
• The 5-year median for Cost of Revenue is $177.1 million (2023), against an average of $173.6 million.
• The widest annual swing landed in 2022, when Cost of Revenue surged 222.4%; it then dropped 7.55% in 2025.
• Tracing SWDR's Cost of Revenue over 5 years: stood at $186.5 million in 2022, then slipped by 5.02% to $177.1 million in 2023, then retreated by 3.32% to $171.2 million in 2024, then fell by 2.9% to $166.3 million in 2025, then slipped by 3.71% to $160.1 million in 2026.
• Per Business Quant, the three latest SWDR Cost of Revenue figures stand at $160.1 million (Q1 2026), $166.3 million (Q4 2025), and $172.4 million (Q3 2025).

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