Products, Services and Other Revenues |
Products, Services and Other Revenues The following tables present revenues from contracts with customers by type, all of which are included in products revenues and services and other revenues, along with a reconciliation to total products revenues and services and other revenues.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, | | 2025 | | 2024 | (dollars in thousands) | Markel Ventures | | Other | | Total | | Markel Ventures | | Other | | Total | Products | $ | 839,681 | | | $ | — | | | $ | 839,681 | | | $ | 840,636 | | | $ | — | | | $ | 840,636 | | Services | 648,788 | | | 1,853 | | | 650,641 | | | 570,319 | | | 2,415 | | | 572,734 | | Management fees | — | | | 29,582 | | | 29,582 | | | — | | | 22,546 | | | 22,546 | | Total revenues from contracts with customers | 1,488,469 | | | 31,435 | | | 1,519,904 | | | 1,410,955 | | | 24,961 | | | 1,435,916 | | Leasing revenues | 54,900 | | | — | | | 54,900 | | | 37,035 | | | — | | | 37,035 | | Fronting fees | — | | | 49,807 | | | 49,807 | | | — | | | 46,218 | | | 46,218 | | Equity method and other investments income | 1,425 | | | 23,315 | | | 24,740 | | | 1,407 | | | 9,357 | | | 10,764 | | | | | | | | | | | | | | Other | 1,609 | | | (117) | | | 1,492 | | | 1,777 | | | (10) | | | 1,767 | | Total products, services and other revenues | $ | 1,546,403 | | | $ | 104,440 | | | $ | 1,650,843 | | | $ | 1,451,174 | | | $ | 80,526 | | | $ | 1,531,700 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | 2025 | | 2024 | (dollars in thousands) | Markel Ventures | | Other | | Total | | Markel Ventures | | Other | | Total | Products | $ | 1,393,798 | | | $ | — | | | $ | 1,393,798 | | | $ | 1,435,228 | | | $ | — | | | $ | 1,435,228 | | Services | 1,157,123 | | | 4,268 | | | 1,161,391 | | | 1,068,609 | | | 4,548 | | | 1,073,157 | | Management fees | — | | | 55,450 | | | 55,450 | | | — | | | 42,482 | | | 42,482 | | Total revenues from contracts with customers | 2,550,921 | | | 59,718 | | | 2,610,639 | | | 2,503,837 | | | 47,030 | | | 2,550,867 | | Leasing revenues | 108,548 | | | — | | | 108,548 | | | 77,788 | | | — | | | 77,788 | | Fronting fees | — | | | 89,461 | | | 89,461 | | | — | | | 82,248 | | | 82,248 | | Equity method and other investments income | 11,976 | | | 49,164 | | | 61,140 | | | 6,586 | | | 30,203 | | | 36,789 | | | | | | | | | | | | | | Other | 2,836 | | | (74) | | | 2,762 | | | 2,504 | | | (18) | | | 2,486 | | Total products, services and other revenues | $ | 2,674,281 | | | $ | 198,269 | | | $ | 2,872,550 | | | $ | 2,590,715 | | | $ | 159,463 | | | $ | 2,750,178 | |
Receivables from contracts with customers were $814.8 million and $593.8 million as of June 30, 2025 and December 31, 2024, respectively.
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