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Enact Holdings (ACT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Enact Holdings (ACT) reported revenue of $312M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -0.2% from the quarter before. Operating margin was 68.4%, net earnings $168M (53.8% of revenue).

Revenue$312M
Year over year+2%
Quarter over quarter-0.2%
Operating margin68.4%
Net earnings$168M

Enact Holdings, Q1 2026: revenue $312M (+2% year over year), operating margin 68.4%, net earnings $168M, operating cash flow $224M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$312M-0.2%+2%
Operating profit$213M-4%+0.9%
Net earnings$168M-5%+1%
Operating cash flow$224M+20%-1%

What changed

Revenue was $312.1M in Q1 2026, up 2% year over year and roughly flat from the previous quarter.

Operating profit was $213.4M, a 68.4% margin (down 0.5 points year over year). Of the extra revenue versus Q1 2025, 37% reached operating profit, below the 69% margin then. Total costs grew 3% against revenue growth of 2%. Net earnings were $167.8M, up 1% year over year. The effective tax rate was 21.4%.

Operating cash flow was $224.0M (down 1% year over year), 134% of net earnings. Non-cash charges added back $5.2M of share-based compensation. Working capital and other items added $51.1M.

Questions

What was Enact Holdings' revenue in the first quarter 2026?

Enact Holdings (ACT) reported revenue of $312M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -0.2% from the quarter before.

Was Enact Holdings profitable in the first quarter 2026?

Operating profit was $213M (68.4% of revenue) and net earnings $168M.

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Source: Enact Holdings 10-Q on SEC EDGAR.