Filing Flows › Accelerant (ARX) › Q1 2026 › vs Q4 2025
Accelerant (ARX) Q1 2026 vs Q4 2025 (quarter over quarter)
Accelerant's revenue rose $24.9M (+10%) from $248M in Q4 2025 to $273M in Q1 2026.
Accelerant, Q1 2026: revenue $273M (+54% year over year), operating margin 0.7%, net loss $4.1M, operating cash flow −$21.4M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $273M | $248M | $24.9M | +10% |
| Net loss | $4.1M | −$900K | $5.0M | — |
| Costs & expenses | $277M | $252M | $25.9M | +10% |
| Operating costs | $271M | $251M | $20.7M | +8% |
| Income tax | $6.1M | −$3.1M | $9.2M | — |
| General & admin | $124M | $120M | $3.6M | +3% |
| Other operating costs | $148M | $130M | $17.1M | +13% |
| Operating cash sources | $60.2M | −$31.9M | $92.1M | — |
| Depreciation & amortization | $10.0M | $9.5M | $500K | +5% |
| Share-based compensation | $28.8M | $20.5M | $8.3M | +40% |
| Cash used in operations | $21.4M | −$61.9M | $83.3M | — |
| Net loss absorbed | $4.1M | −$900K | $5.0M | — |
| Working capital & other | $56.1M | −$31.0M | $87.1M | — |
Questions
How much did Accelerant's revenue grow quarter over quarter in Q1 2026?
Accelerant's revenue rose $24.9M (+10%) from $248M in Q4 2025 to $273M in Q1 2026.