Filing Flows › Enact Holdings (ACT) › Q4 2025
Enact Holdings (ACT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Enact Holdings (ACT) reported revenue of $313M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.4% from the quarter before. Operating margin was 71.3%, net earnings $177M (56.7% of revenue).
Enact Holdings, Q4 2025: revenue $313M (+4% year over year), operating margin 71.3%, net earnings $177M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $313M | +0.4% | +4% |
| Operating profit | $223M | +6% | +7% |
| Net earnings | $177M | +8% | +9% |
| Operating cash flow | $186M | -3% | +12% |
What changed
Revenue was $312.7M in Q4 2025, up 4% year over year and roughly flat from the previous quarter.
Operating profit was $223.1M, a 71.3% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 139% reached operating profit, above the 69% margin then. Total costs fell 5% while revenue rose 4%. Net earnings were $177.2M, up 9% year over year. The effective tax rate was 20.6%.
Operating cash flow was $186.3M (up 12% year over year), 105% of net earnings. Non-cash charges added back $6.4M of share-based compensation.
Questions
What was Enact Holdings' revenue in the fourth quarter 2025?
Enact Holdings (ACT) reported revenue of $313M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +0.4% from the quarter before.
Was Enact Holdings profitable in the fourth quarter 2025?
Operating profit was $223M (71.3% of revenue) and net earnings $177M.
Source: Enact Holdings 10-K on SEC EDGAR.