Filing Flows › Ategrity Specialty Insurance (ASIC) › Q3 2026 › vs Q3 2025
Ategrity Specialty Insurance (ASIC) Q3 2026 vs Q3 2025 (year over year)
Ategrity Specialty Insurance's revenue rose $9.5M (+8%) from $116M in Q3 2025 to $126M in Q3 2026. Operating margin 11.6% against 25.6% (-14.0 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.6% | 25.6% | -14.0 pts |
| Net margin | 11.6% | 19.5% | -7.9 pts |
| Free cash flow margin | 57.7% | 34.4% | +23.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $126M | $116M | $9.5M | +8% |
| Operating profit | $14.6M | $29.7M | −$15.1M | -51% |
| Costs & expenses | $111M | $86.4M | $24.6M | +29% |
| Pre-tax earnings | $14.6M | $29.7M | −$15.1M | -51% |
| Loss borne by minority interests | $3.5M | −$952K | $4.5M | — |
| Net earnings | $14.6M | $22.7M | −$8.1M | -36% |
| Income tax | $3.6M | $6.1M | −$2.6M | -42% |
| Depreciation | $333K | $110K | $223K | +203% |
| Share-based compensation | $216K | $268K | −$52K | -19% |
| Working capital & other | $58.6M | $18.0M | $40.6M | +225% |
| Operating cash flow | $73.7M | $41.1M | $32.7M | +80% |
| Free cash flow (OCF − capex) | $72.5M | $40.0M | $32.5M | +81% |
| Capital expenditures | $1.3M | $1.1M | $192K | +18% |
Questions
How much did Ategrity Specialty Insurance's revenue grow year over year in Q3 2026?
Ategrity Specialty Insurance's revenue rose $9.5M (+8%) from $116M in Q3 2025 to $126M in Q3 2026. Operating margin 11.6% against 25.6% (-14.0 pts).