Filing Flows › Axis Capital Holdings (AXS) › Q2 2026
Axis Capital Holdings (AXS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Axis Capital Holdings (AXS) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +7% from the quarter before. Operating margin was 18.0%, net earnings $258M (14.7% of revenue).
Axis Capital Holdings, Q2 2026: revenue $1.8B (+7% year over year), operating margin 18.0%, net earnings $258M, operating cash flow $632M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +7% | +7% |
| Operating profit | $316M | +3% | +13% |
| Net earnings | $258M | +1% | +16% |
| Operating cash flow | $632M | +22% | — |
What changed
Revenue was $1.8B in Q2 2026, up 7% year over year and up 7% from the previous quarter.
Operating profit was $0.32B, a 18.0% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 30% reached operating profit, above the 17% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $0.26B, up 16% year over year. The effective tax rate was 19.2%.
Operating cash flow was $0.63B, 245% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.36B.
Questions
What was Axis Capital Holdings' revenue in the second quarter 2026?
Axis Capital Holdings (AXS) reported revenue of $1.8B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +7% from the quarter before.
Was Axis Capital Holdings profitable in the second quarter 2026?
Operating profit was $316M (18.0% of revenue) and net earnings $258M.