Filing Flows › Accelerant (ARX) › Q2 2026 › vs Q2 2025
Accelerant (ARX) Q2 2026 vs Q2 2025 (year over year)
Accelerant's revenue rose $138M (+63%) from $219M in Q2 2025 to $357M in Q2 2026. Operating margin 24.5% against 10.2% (+14.3 pts).
Accelerant, Q2 2026: revenue $357M (+63% year over year), operating margin 24.5%, net earnings $78.7M, operating cash flow −$68.6M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.5% | 10.2% | +14.3 pts |
| Net margin | 22.1% | 4.0% | +18.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $357M | $219M | $138M | +63% |
| Operating profit | $87.4M | $22.3M | $65.1M | +292% |
| Costs & expenses | $270M | $197M | $72.7M | +37% |
| Pre-tax earnings | $87.4M | $22.3M | $65.1M | +292% |
| General & admin | $130M | $89.1M | $40.4M | +45% |
| Other operating costs | $140M | $108M | $32.3M | +30% |
| Net earnings | $78.7M | $8.8M | $69.9M | +794% |
| Minority interests | $1.3M | $4.3M | −$3.0M | -70% |
| Income tax | $7.4M | $9.2M | −$1.8M | -20% |
| Operating cash sources | $181M | −$197M | $378M | — |
| Depreciation & amortization | $10.4M | $8.3M | $2.1M | +25% |
| Share-based compensation | $22.9M | $3.0M | $19.9M | +663% |
| Cash used in operations | $68.6M | −$218M | $286M | — |
| Working capital & other | $181M | −$197M | $378M | — |
Questions
How much did Accelerant's revenue grow year over year in Q2 2026?
Accelerant's revenue rose $138M (+63%) from $219M in Q2 2025 to $357M in Q2 2026. Operating margin 24.5% against 10.2% (+14.3 pts).