Filing Flows › Financials › Enact Holdings (ACT)
Enact Holdings (ACT) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Enact Holdings (ACT) Q3 2026 earnings results →
Q3 2026 Revenue up 0% year over year to $313M · 51¢ of every $1 of revenue kept as net profit · operating margin 64.9%
Enact Holdings made $313M in Q3 2026 (+0.4% Y/Y). Operating margin 64.9%, net earnings $159M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
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What changed this quarter
Revenue was $312.9M in Q3 2026, roughly flat year over year and down 1% from the previous quarter.
Operating profit was $203.0M, a 64.9% margin (down 2.5 points year over year). Operating profit fell $6.8M even though revenue rose $1.4M versus Q3 2025, so costs grew faster than sales. Total costs grew 8% against flat revenue. Net earnings were $158.9M, down 3% year over year. The effective tax rate was 21.7%.
Operating cash flow was $183.9M (down 4% year over year), 116% of net earnings. Non-cash charges added back $4.7M of share-based compensation. Working capital and other items added $20.3M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $313M | +0.4% | 64.9% | $159M | $184M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $317M | +4% | 69.3% | $175M | $119M |
| Q1 2026 | 10-Q | May 6, 2026 | $312M | +2% | 68.4% | $168M | $224M |
| Q4 2025 | 10-K | Feb 27, 2026 | $313M | +4% | 71.3% | $177M | $186M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $311M | +0.6% | 67.4% | $163M | $192M |
| Q2 2025 | 10-Q | Aug 1, 2025 | $305M | +2% | 70.4% | $168M | $120M |
| Q1 2025 | 10-Q | May 2, 2025 | $307M | +5% | 68.9% | $166M | $227M |
Charts
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
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About Enact Holdings
We are a leading private mortgage insurance company serving the United States housing finance market since 1981 with a mission to help people buy a house and keep it their home. We operate in all 50 states and the District of Columbia. Our principal mortgage insurance customers are originators of residential mortgage loans who typically determine which mortgage insurer or insurers they will use for the placement of mortgage insurance written on loans they originate. As a private mortgage insurer, we play a critical role in the United States housing finance system. We are engaged in the business of writing and assuming residential mortgage guaranty insurance.
In its own words, from its 10-K, filed Feb 27, 2026.
Enact Holdings against its Insurance Agents, Brokers & Service peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +0.4% against the peers' median +7%. Operating margin: 64.9% against the peers' median 18.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ACT Enact Holdings | Q3 2026 | $313M | +0.4% | 64.9% |
| MRSH Marsh & McLennan Companies | Q3 2026 | $6.9B | +8% | 17.7% |
| AON Aon | Q3 2026 | $4.1B | +3% | 19.7% |
| AJG Arthur J. Gallagher | Q3 2026 | $4.0B | +18% | 13.0% |
| EQH Equitable Holdings | Q3 2026 | $3.9B | +168% | 35.8% |
| WTW Willis Towers Watson | Q3 2026 | $2.5B | +8% | 17.4% |
| BRO Brown & Brown | Q3 FY27 | $1.7B | +7% | 18.6% |
| ERIE Erie Indemnity | Q3 2026 | $1.1B | +0.3% | 19.4% |
| RYAN Ryan Specialty Holdings | Q3 2026 | $790M | +5% | 17.8% |
Source: Enact Holdings 10-Q on SEC EDGAR · CIK 1823529 · Insurance Agents, Brokers & Service
Guidance and outlook
13F: who owns ACT and who is buying
More on ACT
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results