Filing Flows › Amerisafe (AMSF) › Q1 2025
Amerisafe (AMSF) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Amerisafe (AMSF) reported revenue of $72.6M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -2% from the quarter before. Operating margin was 15.5%, net earnings $8.9M (12.3% of revenue).
Amerisafe, Q1 2025: revenue $72.6M (-10% year over year), operating margin 15.5%, net earnings $8.9M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.6M | -2% | -10% |
| Operating profit | $11.2M | -33% | -46% |
| Net earnings | $8.9M | -32% | -47% |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $72.6M in Q1 2025, down 10% year over year and down 2% from the previous quarter.
Operating profit was $11.2M, a 15.5% margin (down 10.3 points year over year). Total costs grew 3% against a revenue fall of 10%. Net earnings were $8.9M, down 47% year over year. The effective tax rate was 20.2%.
Operating cash flow was −$1.8M. Non-cash charges added back $214K of depreciation and $1.1M of share-based compensation. Working capital and other items used $12.0M. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.8M.
Questions
What was Amerisafe's revenue in the first quarter 2025?
Amerisafe (AMSF) reported revenue of $72.6M for the first quarter 2025 (Q1 2025), -10% from a year earlier and -2% from the quarter before.
Was Amerisafe profitable in the first quarter 2025?
Operating profit was $11.2M (15.5% of revenue) and net earnings $8.9M.
Source: Amerisafe 10-Q on SEC EDGAR.