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Hanover Insurance (THG) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Hanover Insurance (THG) over the last 17 years, with Q3 2025 value amounting to $927.1 million.

  • Hanover Insurance's Cost of Revenue fell 281.97% to $927.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.7 billion, marking a year-over-year decrease of 294.81%. This contributed to the annual value of $3.8 billion for FY2024, which is 912.3% down from last year.
  • Hanover Insurance's Cost of Revenue amounted to $927.1 million in Q3 2025, which was down 281.97% from $957.2 million recorded in Q2 2025.
  • Hanover Insurance's Cost of Revenue's 5-year high stood at $1.1 billion during Q2 2023, with a 5-year trough of $745.1 million in Q2 2021.
  • Its 5-year average for Cost of Revenue is $920.5 million, with a median of $935.2 million in 2024.
  • Per our database at Business Quant, Hanover Insurance's Cost of Revenue skyrocketed by 3757.53% in 2022 and then crashed by 1284.74% in 2023.
  • Hanover Insurance's Cost of Revenue (Quarter) stood at $763.8 million in 2021, then surged by 37.58% to $1.1 billion in 2022, then fell by 12.85% to $915.8 million in 2023, then fell by 6.03% to $860.6 million in 2024, then grew by 7.73% to $927.1 million in 2025.
  • Its Cost of Revenue was $927.1 million in Q3 2025, compared to $957.2 million in Q2 2025 and $955.3 million in Q1 2025.