Filing Flows › Arch Capital Group (ACGL) › Q2 2025
Arch Capital Group (ACGL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Arch Capital Group (ACGL) reported revenue of $5.2B for the second quarter 2025 (Q2 2025), +23% from a year earlier and +12% from the quarter before. Operating margin was 27.1%, net earnings $1.2B (23.7% of revenue).
Arch Capital Group, Q2 2025: revenue $5.2B (+23% year over year), operating margin 27.1%, net earnings $1.2B, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +12% | +23% |
| Operating profit | $1.4B | +108% | +7% |
| Net earnings | $1.2B | +116% | -3% |
| Operating cash flow | $1.1B | -23% | -26% |
| Free cash flow | $1.1B | -23% | -26% |
What changed
Revenue was $5.2B in Q2 2025, up 23% year over year and up 12% from the previous quarter.
Operating profit was $1.4B, a 27.1% margin (down 4.2 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, below the 31% margin then. Total costs grew 31% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $1.2B, down 3% year over year. The effective tax rate was 14.7%.
Operating cash flow was $1.1B (down 26% year over year), 91% of net earnings. Non-cash charges added back $0.03B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.01B left free cash flow of $1.1B.
Questions
What was Arch Capital Group's revenue in the second quarter 2025?
Arch Capital Group (ACGL) reported revenue of $5.2B for the second quarter 2025 (Q2 2025), +23% from a year earlier and +12% from the quarter before.
Was Arch Capital Group profitable in the second quarter 2025?
Operating profit was $1.4B (27.1% of revenue) and net earnings $1.2B.
Source: Arch Capital Group 10-Q on SEC EDGAR.