Services — Revenue
Markel Services — Revenue decreased by 21.2% to $546.43M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $510.75M to $546.43M. Over 4 years (FY 2021 to FY 2025), Services — Revenue shows an upward trend with a 6.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful expansion or higher demand for the company's diversified non-insurance business units, while a decrease may signal market saturation or operational challenges in these segments.
Detailed definition
This metric represents the total revenue recognized from contracts with customers within the company's non-insurance ser...
Peer comparison
Comparable to revenue from non-core or diversified business segments in other conglomerates or holding companies.
mkl_segment_services_revenue_from_contract_with_customerHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $506.33M | $517.97M | $562.92M | $471.02M | $570.05M | $606.25M | $592.58M | $489.34M | $571.18M | $598.36M | $614.32M | $500.42M | $572.73M | $613.30M | $639.56M | $510.75M | $650.64M | $681.39M | $693.74M | $546.43M |
| QoQ Change | — | +2.3% | +8.7% | -16.3% | +21.0% | +6.4% | -2.3% | -17.4% | +16.7% | +4.8% | +2.7% | -18.5% | +14.4% | +7.1% | +4.3% | -20.1% | +27.4% | +4.7% | +1.8% | -21.2% |
| YoY Change | — | — | — | — | +12.6% | +17.0% | +5.3% | +3.9% | +0.2% | -1.3% | +3.7% | +2.3% | +0.3% | +2.5% | +4.1% | +2.1% | +13.6% | +11.1% | +8.5% | +7.0% |
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Frequently Asked Questions
- What is Markel's services — revenue?
- Markel (MKL) reported services — revenue of $546.43M in Q1 2026.
- How has Markel's services — revenue changed year-over-year?
- Markel's services — revenue increased by 7.0% year-over-year, from $510.75M to $546.43M.
- What is the long-term trend for Markel's services — revenue?
- Over 4 years (2021 to 2025), Markel's services — revenue has grown at a 6.5% compound annual growth rate (CAGR), from $1.97B to $2.54B.
- What does services — revenue mean?
- The total revenue generated from customers by the company's non-insurance service businesses.