Cost of Revenue

Total Cost of Revenue

Smurfit Kappa Group Total Cost of Revenue increased by 4.0% to $6.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $6.08B to $6.44B. Over 2 years (FY 2022 to FY 2025), Total Cost of Revenue shows an upward trend with a 56.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.56B$2.56B$2.56B$2.56B$2.17B$2.16B$2.22B$2.28B$6.32B$6.10B$6.08B$6.43B$6.43B$6.20B$6.44B
QoQ Change+0.0%+0.0%+0.0%-15.1%-0.6%+2.7%+2.5%+177.7%-3.5%-0.3%+5.7%+0.1%-3.7%+4.0%
YoY Change-15.1%-15.6%+190.9%+182.1%+173.8%+182.3%+1.8%+1.7%+6.0%
Range$2.16B$6.44B
CAGR+30.2%
Avg YoY Growth+78.7%
Median YoY Growth+6.0%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America$3.39B$3.53B$3.45B$3.34B$3.46B
Europe, MEA and APAC$1.90B$2.07B$2.09B$1.95B$2.03B
LATAM$347.00M$357.00M$387.00M$372.00M$375.00M
Total$6.08B$6.43B$6.43B$6.20B$6.44B

Frequently Asked Questions

What is Smurfit Kappa Group's total cost of revenue?
Smurfit Kappa Group (SW) reported total cost of revenue of $6.44B in Q1 2026.
How has Smurfit Kappa Group's total cost of revenue changed year-over-year?
Smurfit Kappa Group's total cost of revenue increased by 6.0% year-over-year, from $6.08B to $6.44B.
What is the long-term trend for Smurfit Kappa Group's total cost of revenue?
Over 2 years (2022 to 2025), Smurfit Kappa Group's total cost of revenue has grown at a 56.7% compound annual growth rate (CAGR), from $10.24B to $25.14B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.