Hanover Insurance (THG) Cost of Revenue (2009 - 2026)

Hanover Insurance (THG) has reported Cost of Revenue for 18 consecutive years, with $957.6 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $957.6 million, up 478.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 64.92% YoY), and the FY2025 annual result was $692.9 million, down 81.56% from the prior year.
• Cost of Revenue was $957.6 million for Q1 2026 at Hanover Insurance, up from $182.4 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.1 billion in Q4 2022 and troughed at -$2.6 billion in Q4 2023.
• Average Cost of Revenue over 5 years is $305.6 million, with a median of $170.8 million recorded in 2025.
• Year-over-year, Cost of Revenue plunged 348.49% in 2023 and surged 538.36% in 2024.
• Over 5 years, Cost of Revenue stood at $1.1 billion in 2022, then slumped by 348.49% to -$2.6 billion in 2023, then soared by 132.96% to $860.6 million in 2024, then sank by 78.81% to $182.4 million in 2025, then surged by 425.0% to $957.6 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $957.6 million in Q1 2026, $182.4 million in Q4 2025, and $927.1 million in Q3 2025.