Filing Flows › Ategrity Specialty Insurance (ASIC) › Q3 2026 › vs Q2 2026
Ategrity Specialty Insurance (ASIC) Q3 2026 vs Q2 2026 (quarter over quarter)
Ategrity Specialty Insurance's revenue fell $22.9M (-15%) from $148M in Q2 2026 to $126M in Q3 2026. Operating margin 11.6% against 31.3% (-19.6 pts).
Ategrity Specialty Insurance, Q3 2026: revenue $126M (+8% year over year), operating margin 11.6%, net earnings $14.6M, operating cash flow $73.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 11.6% | 31.3% | -19.6 pts |
| Net margin | 11.6% | 22.5% | -10.9 pts |
| Free cash flow margin | 57.7% | 25.6% | +32.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $126M | $148M | −$22.9M | -15% |
| Operating profit | $14.6M | $46.4M | −$31.8M | -69% |
| Costs & expenses | $111M | $102M | $8.9M | +9% |
| Pre-tax earnings | $14.6M | $46.4M | −$31.8M | -69% |
| Loss borne by minority interests | $3.5M | −$3.7M | $7.3M | — |
| Net earnings | $14.6M | $33.5M | −$18.9M | -56% |
| Income tax | $3.6M | $9.3M | −$5.7M | -62% |
| Depreciation | $333K | $363K | −$30K | -8% |
| Share-based compensation | $216K | $222K | −$6K | -3% |
| Working capital & other | $58.6M | $4.9M | $53.7M | 12× |
| Operating cash flow | $73.7M | $38.9M | $34.8M | +90% |
| Free cash flow (OCF − capex) | $72.5M | $38.0M | $34.5M | +91% |
| Capital expenditures | $1.3M | $900K | $374K | +42% |
Questions
How much did Ategrity Specialty Insurance's revenue grow quarter over quarter in Q3 2026?
Ategrity Specialty Insurance's revenue fell $22.9M (-15%) from $148M in Q2 2026 to $126M in Q3 2026. Operating margin 11.6% against 31.3% (-19.6 pts).