Berkley W R (WRB) Cost of Revenue (2009 - 2026)
Berkley W R (WRB) posted Cost of Revenue of $2 billion for Q3 2026, up 1.5% from $1.97 billion a year earlier and up 1.9% from the prior quarter.
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Analysis
Berkley W R (WRB) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Berkley W R was $7.84 billion, up 2.0% year-over-year; for FY2025, it came in at $7.77 billion, up 9.0% from FY2024.
- Annual Cost of Revenue has increased for seven consecutive years, with a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In prior years, Berkley W R's Cost of Revenue was $7.13 billion in FY2024 (+11.9%), $6.37 billion in FY2023 (+8.7%), $5.86 billion in FY2022 (+18.3%) and $4.95 billion in FY2021 (+10.9%).
- The Q3 2026 figure stands as the highest quarterly Cost of Revenue in data going back to Q2 2009.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 32 quarters, with growth averaging 6.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Cost of Revenue ranged from 0.3% (Q2 2026) to 20.5% (Q3 2022).
- According to Business Quant data, Cost of Revenue for the three prior quarters was $1.96 billion (Q2 2026), $1.94 billion (Q1 2026) and $1.95 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 48.94 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 7.53 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 14.90 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | - |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 6.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 645.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 9.94 Bn |
| 10 | Berkley W R | 28.55 Bn | 13.22 Bn | 1.74 Bn | 2.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.00 Bn |
| Jun 30, 2026 | 1.96 Bn |
| Mar 31, 2026 | 1.94 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.96 Bn |
| Mar 31, 2025 | 1.90 Bn |
| Dec 31, 2024 | 1.86 Bn |
| Sep 30, 2024 | 1.83 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.66 Bn |
| Dec 31, 2023 | 1.63 Bn |
| Sep 30, 2023 | 1.64 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | 1.52 Bn |
| Sep 30, 2022 | 1.56 Bn |
| Jun 30, 2022 | 1.44 Bn |
| Mar 31, 2022 | 1.34 Bn |
| Dec 31, 2021 | 1.33 Bn |
API Access
Berkley W R Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WRB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "WRB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=WRB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();