Filing Flows › American Coastal Insurance (ACIC) › Q1 2025
American Coastal Insurance (ACIC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
American Coastal Insurance (ACIC) reported revenue of $72.2M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -9% from the quarter before. Operating margin was 34.8%, net earnings $21.3M (29.6% of revenue).
American Coastal Insurance, Q1 2025: revenue $72.2M (+8% year over year), operating margin 34.8%, net earnings $21.3M, operating cash flow $26.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.2M | -9% | +8% |
| Operating profit | $25.1M | +182% | -18% |
| Net earnings | $21.3M | +332% | -10% |
| Operating cash flow | $26.4M | 17× | -79% |
| Free cash flow | $26.3M | 17× | -79% |
What changed
Revenue was $72.2M in Q1 2025, up 8% year over year and down 9% from the previous quarter.
Operating profit was $25.1M, a 34.8% margin (down 11.1 points year over year). Operating profit fell $5.4M even though revenue rose $5.6M versus a year earlier, so costs grew faster than sales. Total costs grew 31% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+52%). Net earnings were $21.3M, down 10% year over year. The effective tax rate was 23.3%.
Operating cash flow was $26.4M (down 79% year over year), 124% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $733K of share-based compensation. Working capital and other items added $2.6M. Capital expenditures of $96K left free cash flow of $26.3M.
Questions
What was American Coastal Insurance's revenue in the first quarter 2025?
American Coastal Insurance (ACIC) reported revenue of $72.2M for the first quarter 2025 (Q1 2025), +8% from a year earlier and -9% from the quarter before.
Was American Coastal Insurance profitable in the first quarter 2025?
Operating profit was $25.1M (34.8% of revenue) and net earnings $21.3M.