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Donegal Group (DGICA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Donegal Group (DGICA) reported revenue of $241M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +2% from the quarter before. Operating margin was 11.4%, net earnings $22.3M (9.3% of revenue).

Revenue$241M
Year over year-2%
Quarter over quarter+2%
Operating margin11.4%
Net earnings$22.3M

Donegal Group, Q2 2026: revenue $241M (-2% year over year), operating margin 11.4%, net earnings $22.3M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$241M+2%-2%
Operating profit$27.5M+95%+35%
Net earnings$22.3M+94%+32%
Operating cash flow$5.9M-71%-51%

What changed

Revenue was $241.1M in Q2 2026, down 2% year over year and up 2% from the previous quarter.

Operating profit was $27.5M, a 11.4% margin (up 3.2 points year over year). Total costs fell 6% while revenue fell 2%. Net earnings were $22.3M, up 32% year over year. The effective tax rate was 19.0%.

Operating cash flow was $5.9M (down 51% year over year), 26% of net earnings. Non-cash charges added back $514K of depreciation and amortization and $323K of share-based compensation. Working capital and other items used $17.2M.

Questions

What was Donegal Group's revenue in the second quarter 2026?

Donegal Group (DGICA) reported revenue of $241M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +2% from the quarter before.

Was Donegal Group profitable in the second quarter 2026?

Operating profit was $27.5M (11.4% of revenue) and net earnings $22.3M.

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Source: Donegal Group 10-Q on SEC EDGAR.