Filing Flows › Employers Holdings (EIG) › Q1 2025
Employers Holdings (EIG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Employers Holdings (EIG) reported revenue of $203M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -6% from the quarter before. Operating margin was 7.8%, net earnings $12.8M (6.3% of revenue).
Employers Holdings, Q1 2025: revenue $203M (-9% year over year), operating margin 7.8%, net earnings $12.8M, operating cash flow $14.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $203M | -6% | -9% |
| Operating profit | $15.9M | -54% | -55% |
| Net earnings | $12.8M | -55% | -55% |
| Operating cash flow | $14.6M | +11% | 24× |
| Free cash flow | $14.1M | +24% | — |
What changed
Revenue was $202.6M in Q1 2025, down 9% year over year and down 6% from the previous quarter.
Operating profit was $15.9M, a 7.8% margin (down 8.0 points year over year). Total costs fell 1% while revenue fell 9%. Net earnings were $12.8M, down 55% year over year. The effective tax rate was 19.5%.
Operating cash flow was $14.6M (up 2333% year over year), 114% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $500K left free cash flow of $14.1M.
Questions
What was Employers Holdings' revenue in the first quarter 2025?
Employers Holdings (EIG) reported revenue of $203M for the first quarter 2025 (Q1 2025), -9% from a year earlier and -6% from the quarter before.
Was Employers Holdings profitable in the first quarter 2025?
Operating profit was $15.9M (7.8% of revenue) and net earnings $12.8M.
Source: Employers Holdings 10-Q on SEC EDGAR.