Revenue

Services and other revenues

Markel Services and other revenues decreased by 25.9% to $673.41M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.9%, from $660.58M to $673.41M. Over 4 years (FY 2021 to FY 2025), Services and other revenues shows an upward trend with a 9.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026

How to read this metric

An upward trend suggests successful expansion into service-based markets and recurring revenue potential from client engagements.

Detailed definition

This metric tracks revenue derived from service-based business activities, including consulting, maintenance, or other p...

Peer comparison

Common in diversified holding companies; peers are evaluated based on service contract retention and market demand.

Metric ID: revenue_servicesandotherrevenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$569.12M$585.71M$680.27M$630.94M$639.99M$691.65M$846.84M$565.86M$672.29M$725.63M$740.73M$617.64M$684.48M$735.87M$786.99M$660.58M$803.92M$875.61M$908.49M$673.41M
QoQ Change+2.9%+16.1%-7.3%+1.4%+8.1%+22.4%-33.2%+18.8%+7.9%+2.1%-16.6%+10.8%+7.5%+6.9%-16.1%+21.7%+8.9%+3.8%-25.9%
YoY Change+12.5%+18.1%+24.5%-10.3%+5.0%+4.9%-12.5%+9.2%+1.8%+1.4%+6.2%+7.0%+17.4%+19.0%+15.4%+1.9%
Range$565.86M$908.49M
CAGR+3.6%
Avg YoY Growth+7.6%
Median YoY Growth+6.6%

Product Breakdown

View all
SegmentFY'21FY'22FY'23
Construction$1.55B$1.91B$2.04B
Consulting$277.90M$326.55M$297.12M
Other services$99.20M$92.57M$95.27M
Total$2.29B$2.81B$2.70B

All segment values are derived from annual filings.

Construction, Consulting, Other services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Industrial$624.25M$632.25M$485.33M
Consumer and Other$109.64M$112.23M$105.80M
Financial$73.36M$128.69M$72.85M
Corporate and eliminations$21.02M$13.52M$6.69M
Markel Insurance$6.59M$47.35M$21.79M$2.73M
Corporate$0.00$0.00$0.00$0.00$0.00
Insurance$0.00$0.00$0.00$0.00
Investing$9.36M$14.97M$7.08M-$4.61M$14.06M
Markel Ventures$603.96M$645.25M$689.51M$566.75M$699.48M
Other Insurance Operations$64.86M$75.65M$90.40M$98.44M$83.78M
Reinsurance$0.00$0.00$0.00$0.00
Total$684.48M$735.87M$786.99M$660.58M$803.92M$875.61M$908.49M$673.41M

Corporate, Insurance, Investing, Markel Ventures, Other, Other Insurance Operations, Reinsurance were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Markel's services and other revenues?
Markel (MKL) reported services and other revenues of $673.41M in Q1 2026.
How has Markel's services and other revenues changed year-over-year?
Markel's services and other revenues increased by 1.9% year-over-year, from $660.58M to $673.41M.
What is the long-term trend for Markel's services and other revenues?
Over 4 years (2021 to 2025), Markel's services and other revenues has grown at a 9.2% compound annual growth rate (CAGR), from $2.29B to $3.25B.
What does services and other revenues mean?
Revenue earned from providing services rather than selling physical goods.