Filing Flows › Axis Capital Holdings (AXS) › Q3 2026
Axis Capital Holdings (AXS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Axis Capital Holdings (AXS) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before. Operating margin was 14.3%, net earnings $209M (11.7% of revenue).
Axis Capital Holdings, Q3 2026: revenue $1.8B (+7% year over year), operating margin 14.3%, net earnings $209M, operating cash flow $878M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +2% | +7% |
| Operating profit | $256M | -19% | -31% |
| Net earnings | $209M | -19% | -31% |
| Operating cash flow | $878M | +39% | +30% |
What changed
Revenue was $1.8B in Q3 2026, up 7% year over year and up 2% from the previous quarter.
Operating profit was $0.26B, a 14.3% margin (down 7.8 points year over year). Operating profit fell $0.11B even though revenue rose $0.12B versus Q3 2025, so costs grew faster than sales. Total costs grew 18% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.21B, down 31% year over year. The effective tax rate was 19.1%.
Operating cash flow was $0.88B (up 30% year over year), 420% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.66B.
Questions
What was Axis Capital Holdings' revenue in the third quarter 2026?
Axis Capital Holdings (AXS) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before.
Was Axis Capital Holdings profitable in the third quarter 2026?
Operating profit was $256M (14.3% of revenue) and net earnings $209M.