Hanover Insurance (THG) Cost of Revenue (2009 - 2026)
Hanover Insurance's (THG) quarterly Cost of Revenue came in at $962.5 million in Q2 2026, up 0.55% YoY from $957.2 million in Q2 2025, and up 0.51% on a QoQ basis from $957.6 million in Q1 2026.
Hanover Insurance (THG) Cost of Revenue (2009 - 2026) Analysis & Trends
Hanover Insurance (THG) has 18 years of Cost of Revenue data on file, last reported at $962.5 million in Q2 2026.
- Quarterly Cost of Revenue rose 0.55% year-over-year to $962.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.7 billion (changed 0.26% YoY) and the FY2025 annual result came in at $3.7 billion, down 0.75% from the prior year.
- Cost of Revenue grew to $962.5 million in Q2 2026, from $957.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.1 billion in Q2 2023 to a low of $787.5 million in Q1 2022.
- A 5-year average of $953.6 million and a median of $954.6 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 37.58% — and 2023, when it declined 12.85%.
- Tracing THG's Cost of Revenue over 5 years: stood at $1.1 billion in 2022, then decreased by 12.85% to $915.8 million in 2023, then retreated by 6.03% to $860.6 million in 2024, then rose by 3.38% to $889.7 million in 2025, then advanced by 8.18% to $962.5 million in 2026.
- The last three Cost of Revenue figures came in at $962.5 million (Q2 2026), $957.6 million (Q1 2026), and $889.7 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 6.69 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 14.57 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 5.92 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 2.32 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 1.89 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 2.17 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 1.19 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 748.30 Mn |
| 10 | Hanover Insurance | 7.78 Bn | 1.54 Bn | 763.70 Mn | 962.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 962.50 Mn |
| Jun 30, 2026 | 962.50 Mn |
| Mar 31, 2026 | 957.60 Mn |
| Mar 31, 2026 | 957.60 Mn |
| Dec 31, 2025 | 889.70 Mn |
| Dec 31, 2025 | 889.70 Mn |
| Sep 30, 2025 | 927.10 Mn |
| Sep 30, 2025 | 927.10 Mn |
| Jun 30, 2025 | 957.20 Mn |
| Jun 30, 2025 | 957.20 Mn |
| Mar 31, 2025 | 955.30 Mn |
| Mar 31, 2025 | 955.30 Mn |
| Dec 31, 2024 | 860.60 Mn |
| Dec 31, 2024 | 860.60 Mn |
| Sep 30, 2024 | 954.00 Mn |
| Sep 30, 2024 | 954.00 Mn |
| Jun 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 935.20 Mn |
| Mar 31, 2024 | 935.20 Mn |