Filing Flows › Arch Capital Group (ACGL) › Q1 2025
Arch Capital Group (ACGL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Arch Capital Group (ACGL) reported revenue of $4.7B for the first quarter 2025 (Q1 2025), +19% from a year earlier and +3% from the quarter before. Operating margin was 14.5%, net earnings $574M (12.3% of revenue).
Arch Capital Group, Q1 2025: revenue $4.7B (+19% year over year), operating margin 14.5%, net earnings $574M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +3% | +19% |
| Operating profit | $678M | -28% | -42% |
| Net earnings | $574M | -39% | -49% |
| Operating cash flow | $1.5B | -7% | -7% |
| Free cash flow | $1.4B | -7% | -6% |
What changed
Revenue was $4.7B in Q1 2025, up 19% year over year and up 3% from the previous quarter.
Operating profit was $0.68B, a 14.5% margin (down 15.1 points year over year). Operating profit fell $0.49B even though revenue rose $0.73B versus a year earlier, so costs grew faster than sales. Total costs grew 44% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+45%). Net earnings were $0.57B, down 49% year over year. The effective tax rate was 17.4%.
Operating cash flow was $1.5B (down 7% year over year), 254% of net earnings. Non-cash charges added back $0.07B of share-based compensation. Working capital and other items added $0.81B. Capital expenditures of $0.01B left free cash flow of $1.4B.
Questions
What was Arch Capital Group's revenue in the first quarter 2025?
Arch Capital Group (ACGL) reported revenue of $4.7B for the first quarter 2025 (Q1 2025), +19% from a year earlier and +3% from the quarter before.
Was Arch Capital Group profitable in the first quarter 2025?
Operating profit was $678M (14.5% of revenue) and net earnings $574M.
Source: Arch Capital Group 10-Q on SEC EDGAR.