Filing Flows › Arch Capital Group (ACGL) › Q3 2025
Arch Capital Group (ACGL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Arch Capital Group (ACGL) reported revenue of $5.1B for the third quarter 2025 (Q3 2025), +8% from a year earlier and -2% from the quarter before. Operating margin was 29.4%, net earnings $1.4B (26.4% of revenue).
Arch Capital Group, Q3 2025: revenue $5.1B (+8% year over year), operating margin 29.4%, net earnings $1.4B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -2% | +8% |
| Operating profit | $1.5B | +7% | +43% |
| Net earnings | $1.4B | +9% | +37% |
| Operating cash flow | $2.2B | +94% | +8% |
| Free cash flow | $2.2B | +96% | +8% |
What changed
Revenue was $5.1B in Q3 2025, up 8% year over year and down 2% from the previous quarter.
Operating profit was $1.5B, a 29.4% margin (up 7.2 points year over year). Of the extra revenue versus a year earlier, 117% reached operating profit, above the 22% margin then. Total costs fell 2% while revenue rose 8%. Net earnings were $1.4B, up 37% year over year. The effective tax rate was 13.7%.
Operating cash flow was $2.2B (up 8% year over year), 162% of net earnings. Non-cash charges added back $0.03B of share-based compensation. Working capital and other items added $0.81B. Capital expenditures of $0.01B left free cash flow of $2.2B.
Questions
What was Arch Capital Group's revenue in the third quarter 2025?
Arch Capital Group (ACGL) reported revenue of $5.1B for the third quarter 2025 (Q3 2025), +8% from a year earlier and -2% from the quarter before.
Was Arch Capital Group profitable in the third quarter 2025?
Operating profit was $1.5B (29.4% of revenue) and net earnings $1.4B.
Source: Arch Capital Group 10-Q on SEC EDGAR.