Hanover Insurance (THG) Cost of Revenue (2016 - 2026)
Hanover Insurance filings provide 18 years of Cost of Revenue readings, the most recent being $957.6 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 478.96% to $957.6 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.2 billion, a 64.92% increase, with the full-year FY2025 number at $692.9 million, down 81.56% from a year prior.
- Cost of Revenue hit $957.6 million in Q1 2026 for Hanover Insurance, up from $182.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.1 billion in Q4 2022 to a low of -$2.6 billion in Q4 2023.
- Median Cost of Revenue over the past 5 years was $170.8 million (2025), compared with a mean of $305.6 million.
- Biggest five-year swings in Cost of Revenue: tumbled 348.49% in 2023 and later surged 538.36% in 2024.
- Hanover Insurance's Cost of Revenue stood at $1.1 billion in 2022, then tumbled by 348.49% to -$2.6 billion in 2023, then surged by 132.96% to $860.6 million in 2024, then tumbled by 78.81% to $182.4 million in 2025, then skyrocketed by 425.0% to $957.6 million in 2026.
- The last three reported values for Cost of Revenue were $957.6 million (Q1 2026), $182.4 million (Q4 2025), and $927.1 million (Q3 2025) per Business Quant data.