Filing Flows › American Integrity Insurance Group (AII) › Q1 2025
American Integrity Insurance Group (AII) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 10, 2025
American Integrity Insurance Group (AII) reported revenue of $71.9M for the first quarter 2025 (Q1 2025), +62% from a year earlier and +7% from the quarter before. Operating margin was 59.7%, net earnings $38.1M (53.0% of revenue).
American Integrity Insurance Group, Q1 2025: revenue $71.9M (+62% year over year), operating margin 59.7%, net earnings $38.1M, operating cash flow $68.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.9M | +7% | +62% |
| Operating profit | $42.9M | +299% | +222% |
| Net earnings | $38.1M | +354% | +215% |
| Operating cash flow | $68.1M | -55% | — |
| Free cash flow | $68.0M | -55% | — |
What changed
Revenue was $71.9M in Q1 2025, up 62% year over year and up 7% from the previous quarter.
Operating profit was $42.9M, a 59.7% margin (up 29.7 points year over year). Of the extra revenue versus a year earlier, 107% reached operating profit, above the 30% margin then. Total costs fell 7% while revenue rose 62%. Net earnings were $38.1M, up 215% year over year. The effective tax rate was 11.2%.
Operating cash flow was $68.1M, 179% of net earnings. Non-cash charges added back $497K of depreciation and amortization. Working capital and other items added $29.5M. Capital expenditures of $108K left free cash flow of $68.0M.
Questions
What was American Integrity Insurance Group's revenue in the first quarter 2025?
American Integrity Insurance Group (AII) reported revenue of $71.9M for the first quarter 2025 (Q1 2025), +62% from a year earlier and +7% from the quarter before.
Was American Integrity Insurance Group profitable in the first quarter 2025?
Operating profit was $42.9M (59.7% of revenue) and net earnings $38.1M.
Source: American Integrity Insurance Group 10-Q on SEC EDGAR.