Filing Flows › Amerisafe (AMSF) › Q2 2025
Amerisafe (AMSF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 25, 2025
Amerisafe (AMSF) reported revenue of $81.1M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +12% from the quarter before. Operating margin was 21.5%, net earnings $14.0M (17.2% of revenue).
Amerisafe, Q2 2025: revenue $81.1M (+7% year over year), operating margin 21.5%, net earnings $14.0M, operating cash flow −$8.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81.1M | +12% | +7% |
| Operating profit | $17.5M | +56% | +27% |
| Net earnings | $14.0M | +56% | +27% |
| Operating cash flow | −$8.4M | — | — |
What changed
Revenue was $81.1M in Q2 2025, up 7% year over year and up 12% from the previous quarter.
Operating profit was $17.5M, a 21.5% margin (up 3.4 points year over year). Of the extra revenue versus a year earlier, 71% reached operating profit, above the 18% margin then. Total costs grew 2% against revenue growth of 7%. Net earnings were $14.0M, up 27% year over year. The effective tax rate was 20.1%.
Operating cash flow was −$8.4M. Non-cash charges added back $195K of depreciation and $743K of share-based compensation. Working capital and other items used $23.3M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$9.5M.
Questions
What was Amerisafe's revenue in the second quarter 2025?
Amerisafe (AMSF) reported revenue of $81.1M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +12% from the quarter before.
Was Amerisafe profitable in the second quarter 2025?
Operating profit was $17.5M (21.5% of revenue) and net earnings $14.0M.
Source: Amerisafe 10-Q on SEC EDGAR.