Filing Flows › Enact Holdings (ACT) › Q1 2025
Enact Holdings (ACT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Enact Holdings (ACT) reported revenue of $307M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +2% from the quarter before. Operating margin was 68.9%, net earnings $166M (54.0% of revenue).
Enact Holdings, Q1 2025: revenue $307M (+5% year over year), operating margin 68.9%, net earnings $166M, operating cash flow $227M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $307M | +2% | +5% |
| Operating profit | $211M | +2% | +3% |
| Net earnings | $166M | +2% | +3% |
| Operating cash flow | $227M | +36% | +21% |
What changed
Revenue was $306.8M in Q1 2025, up 5% year over year and up 2% from the previous quarter.
Operating profit was $211.4M, a 68.9% margin (down 1.7 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, below the 71% margin then. Total costs grew 11% against revenue growth of 5%. Net earnings were $165.8M, up 3% year over year. The effective tax rate was 21.6%.
Operating cash flow was $226.7M (up 21% year over year), 137% of net earnings. Non-cash charges added back $3.9M of share-based compensation. Working capital and other items added $57.1M.
Questions
What was Enact Holdings' revenue in the first quarter 2025?
Enact Holdings (ACT) reported revenue of $307M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +2% from the quarter before.
Was Enact Holdings profitable in the first quarter 2025?
Operating profit was $211M (68.9% of revenue) and net earnings $166M.
Source: Enact Holdings 10-Q on SEC EDGAR.