ARX · Accelerant Holdings - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Price · ARX
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 | Q4 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|
| Revenue | $273.30M | - | $267.40M | $130.10M | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - |
| SG&A | $123.80M | - | $115.80M | $57.80M | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| D&A | $10.00M | - | $10.00M | $5.50M | - | - | - |
| Operating Income | $15.50M | - | $1.30M | $22.30M | - | - | - |
| Interest Expense | $2.50M | - | $2.60M | $3.00M | - | - | - |
| Income Tax | $7.70M | - | $9.50M | $4.90M | - | - | - |
| Net Income | ($5.20M) | - | $8.10M | ($9.00M) | - | - | - |
| EPS - Basic | $0.04 | - | $0.05 | $0.05 | - | - | - |
| EPS - Diluted | $0.03 | - | $0.04 | ($0.05) | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 | Q4 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.45B | $1.72B | $1.60B | $870.90M | $1.23B | $775.40M | $483.60M |
| Accounts Receivable | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - |
| Total Assets | $8.60B | $8.26B | $7.86B | $7.50B | - | - | - |
| Current Liabilities | - | - | - | - | - | - | - |
| Long-term Debt | $120.70M | $121.30M | $121.90M | $126.70M | - | - | - |
| Total Liabilities | $7.88B | $7.54B | $7.16B | $7.01B | - | - | - |
| Stockholders' Equity | $692.60M | $697.70M | $676.10M | $304.30M | - | - | - |
| Retained Earnings | ($1.54B) | ($1.54B) | ($1.54B) | ($167.50M) | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 | Q4 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.80M | - | - | - | - | - | - |
| Investing Cash Flow | ($211.60M) | - | - | - | - | - | - |
| Financing Cash Flow | ($2.30M) | - | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 | Q4 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|
| Profitability | |||||||
| Gross margin | - | - | - | - | - | - | - |
| Operating margin | 5.7% | - | 0.5% | 17.1% | - | - | - |
| EBITDA margin | 9.3% | - | 4.2% | 21.4% | - | - | - |
| Net margin | -1.9% | - | 3.0% | -6.9% | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - |
| SG&A / Revenue | 45.3% | - | 43.3% | 44.4% | - | - | - |
| Effective tax rate | 308.0% | - | 54.0% | - | - | - | - |
| Return on assets | -0.1% | - | 0.1% | -0.1% | - | - | - |
| Return on equity | -0.8% | - | 1.2% | -3.0% | - | - | - |
| Return on invested capital | 1.0% | - | 0.1% | 4.1% | - | - | - |
| Liquidity | |||||||
| Current ratio | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - |
| Leverage | |||||||
| Debt / Equity | 0.17 | 0.17 | 0.18 | 0.42 | - | - | - |
| Debt / Assets | 0.01 | 0.01 | 0.02 | 0.02 | - | - | - |
| Debt / EBITDA | 4.73 | - | 10.79 | 4.56 | - | - | - |
| Interest coverage | 6.2x | - | 0.5x | 7.4x | - | - | - |
| Equity multiplier | 12.42 | 11.84 | 11.62 | 24.63 | - | - | - |
| Liabilities / Assets | 0.92 | 0.91 | 0.91 | 0.94 | - | - | - |
| Efficiency | |||||||
| Asset turnover | 0.03 | - | 0.03 | 0.02 | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - |
| Valuation | |||||||
| P / E | 445.3x | - | 372.3x | - | - | - | - |
| P / B | 4.0x | - | 4.4x | - | - | - | - |
| P / S | 10.0x | - | 11.1x | - | - | - | - |
| EV / EBITDA | 55.3x | - | 132.0x | - | - | - | - |
| Growth | |||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.01B totalUnderwriting Segment$430.90M · 42.5%
Exchange Services Segment$334.90M · 33.0%
MGAOperations Segment$249.10M · 24.5%
Geographic
$912.90M totalNorth America$510.40M · 55.9%
United Kingdom And European Union$402.50M · 44.1%
Peer comparison
Same SIC group: Insurance Agents, Brokers & Service
Comparing Accelerant Holdings against the 5 most active filers in the same SIC group.